South Korea’s real estate market continue
expectant. According to a recent summary report named Real Estate Market
Outlook 2020:Korea published by the CBRE, a leading US-based commercial real
estate service provider, public
investment in the real estate market is poised to grow despite the record low
interest rates and global economic instability.
[Source: cbrekorea.com/koreatimes.co.kr]
The report further discerns that
because the ministry of land, infrastructure and Transport anticipates an
increment in the public investments from 3.7% in 2019 to 10% in 2021. It is noteworthy that the Domestic
real estate investment trusts (REITs) are looking for an initial public
offering (IPO) in the Korea’s stock market and drawing attention of in the
market.
In the later half of 2019, Lotte REIT and NongHyup REIT had decided to go public and
following their footsteps, IGIS which is Korea;s largest real estate related assets
operator is also planning to list its REIT fund this year.
[Source: cbrekorea.com/koreatimes.co.kr]
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