REITs Take Big Hit from Virus-induced Recession Woes
SEOUL, March 30 (Korea Bizwire) — South Korean real estate investment trusts (REITs) have been hit hard by escalating concerns over a global recession stemming from the new coronavirus outbreak, data showed Monday. Shares in Lotte Shopping Co.’s REIT, listed in October last year, finished at 4,910 won (US$4.03) Friday, down 20.3 percent from the [...]
