South Korea

Seoul office investment surges by 13% in Q1

Seoul office investment surges by 13% in Q1

Owner-occupiers and core assets support the city’s office deal activity.

Seoul prime office vacancy set to rise as new supply enters CBD

Expansion-led relocations will also shape the city’s office market outlook.

Seoul prime office rents rise 4.1% in Q1

Gangnam led rental growth during the quarter.

Three prime office projects to reshape Seoul CBD supply in 2026

This will be the first wave of new supply since 2020.

Seoul office investment expected to stay robust in 2026

The strong demand for core assets will support office investments in the city.

Seoul office rents rise 4.3% in 2025 as growth moderates

YBD leads the city’s rental growth as office rents outpace inflation.

Seoul CBD office vacancy to hit up to 10% this year

Prime office vacancy is expected to rise as supply and relocations increase.

Seoul office supply pipeline to drive leasing shifts in 2026

Three new prime office buildings are set for completion in the CBD this year.

Seoul office and logistics investments hit record highs in 2025

Logistics deals surged to KRW5.7 trillion during the year.

Seoul office investment volumes surpass 2021 peak

The total investment reached a record KRW21.1 trillion in 2025.

Seoul annual office supply to average 158,700 sqm through 2028

This is broadly in line with the 10-year historical average.

Korea new logistics supply to hit 1.75m sqm this year

The Seoul Metropolitan Area will account for around 1.4m sqm of new supply.

Delayed projects and new openings to lift Seoul hotel supply in 2026

At least 339 new hotel rooms are expected to be completed this year.

Seoul logistics rents rise modestly as dry storage vacancy eases

The vacancy rate for dry storage declined to 13% in 2025.