South Korea

E-commerce firms in Seoul to move to cheaper regions till H1 2025

They are going after lower rents to achieve financial stability.

E-commerce firms in Seoul to move to cheaper regions till H1 2025

They are going after lower rents to achieve financial stability.

Seoul office transaction volume grows 1.6x in Q3

The total transaction value for the first nine months of the year is already 81% of 2023 totals.

Seoul prime office rents up 4.4% in Q3

The rental growth slowed across all major districts.

Seoul prime office vacancy rises to 3.4% in Q3

Net absorption was at -14,200sqm during the quarter.

Seoul new prime logistics supply to remain moderated from 2025

More construction permits expire as developers struggle to secure financing.

Which institutional hotel brands will enter Seoul in the near-term?

Mercure Hotel Ambassador Seoul Magok is expected to set foot in 2025.

Seoul office transaction volumes slump to 10-year low in Q2

Investments totalled KRW630.3 billion during the quarter, the lowest since Q3 2014.

Seoul prime office face rents rise by 5.7% in Q2

The Gangnam Business District recorded the highest rental growth.

South Korea’s 2024 hotel transaction volumes to breach 2023 levels

Find out which key transactions will contribute to this year’s strong performance.

How have South Korea’s hotel transaction dynamics changed over the last decade?

There’s a distinct trend when comparing pre and post pandemic dynamics.

More luxury hotels set to open in South Korea in the near term

Rosewood Seoul is expected to add 250 hotel rooms.

These are the notable hotel investment transactions in South Korea recently

The hotel transaction volume as of May 2024 is estimated at KRW918.5 billion.

Seoul Q1 industrial vacancy rate rises to 15.4% as new completions arise

The North recorded the biggest increase in vacancy from 0% to 12.2%.

Seoul high street retail rents inch up by 0.7% in Q1

Myeongdong saw the steepest increase of 1.5%.