South Korea
Guess which area in Seoul saw the largest retail rent increase
Guess which area in Seoul saw the largest retail rent increase
Rents in this area grew by 1.0% in Q3.
2 days ago
Why Seoul’s office leasing market might be volatile through H1 2026
Major conglomerates are either downsizing or relocating.
Seoul’s 2025 office transaction volume on track to surpass 2021 peak
Transaction volumes reached a record KRW14.6 trillion in 2021.
Seoul industrial transaction volumes record strong rebound in Q3
Thanks to landmark deals that were delayed from the prior quarter.
Seoul Q3 prime office rents climb 4.6%
Meanwhile, average office maintenance fees rose 2.9%.
Seoul prime office net absorption hits -18,600sqm in Q3
Learn more about how net absorption in each of the submarkets fared.
What will fuel growth in Seoul’s data centre market?
The development pipeline rose by 12% to a total of 715MW.
Seoul’s 2025 industrial supply to underperform 2024 totals
This year’s supply is expected to be only less than a third of last year’s supply.
Upscale acquisitions to dominate Seoul’s hotel investment transactions
Meanwhile, upscale master-leased hotels led the transaction market in H1.
Seoul office transaction volume hits highest quarterly volume in four years
Office transaction volume hit KRW5.4 trillion in Q2 2025.
Seoul CBD prime office vacancy rate expected to edge up in Q3
There are several lease expirations and downsizing transactions.
Seoul Q2 office transaction volume grows 1.5x higher than 2024 levels
Total investment volume hit KRW5.8 trillion or USD4.2 billion.
Guess which Seoul district recorded the highest office rental growth in Q2
Rents in this district grew by 4.9% during the quarter.
Seoul prime office net absorption down 5,900sqm in Q2
GBD was the only district to record positive net absorption.
Seoul Q1 industrial absorption exceeds new completion volume by 31%
Net absorption was at 154,400 pyeong during the quarter.
Seoul office vacancy rate down to 2.8% in Q1
Yeouido saw the largest improvement in vacancies.
Seoul shopping mall rents down 2.3% in Q1
High street rents still saw a slight growth during the quarter.
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