interest is focused
again on the liquidity-rich U.S. which
already has a recovered swap rate
U.S.’ M2 growth
22.7% on average from May to July, making the US market
fastest growing liquidity in the world. Despite the concerns
about a slowdown in the real economy, the US stock market recorded
Until September 2020, the decline in dry powder was insignificant, for
example the dry powder for Core + increased, and the economy is
expected to recover faster than the financial
crisis due to a prompt response on the crisis.
USD/KRW annualized swap spread has been reduced to -0.1% due to the cut in the
US base rate, and the gap with the Eurocurrency has also decreased. It is
expected that cross-border investors will be more interested in investing in
the US market as a favorable swap-spread will work not
only in the Korean won but also in other currencies.
is necessary to
pay attention to the resilient cities such as Boston,
San Francisco, and Charlotte with Office Investment
• It is
to pay attention to the office market with great resilience from the crisis.
Regions with rapid recovery in real estate indicators (transaction volume,
transaction price per unit and cap rate)
resistant to crisis.
selective areas such as NYC Boroughs, Boston, San Francisco, and Charlotte.