seoul office leasing demand
Seoul office vacancy rate hits 13-year low of 2.5% in Q3
This is the lowest recorded vacancy rate since Q2 2009.
Seoul office vacancy rate hits 13-year low of 2.5% in Q3
This is the lowest recorded vacancy rate since Q2 2009.
Why Seoul’s office market has been resilient despite uncertainties
Annual rental growth was at a record 21.4% in Q3 amidst a global economic slowdown.
Seoul prime office vacancy rate falls to 3.3% in Q3
All major districts in the city saw declines in vacancy rates.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Here’s how Seoul’s business districts are likely to perform in H2
Office leasing activity is expected to be subdued for the remainder of the year.
Seoul prime office rents up 2.7% in Q2
The Gangnam Business District saw the highest growth of 4%.
What to expect in Seoul’s Grade A office market this year
There is no new Grade A office supply scheduled for completion in the coming year.
Which industry accounted for the most office leasing demand in Seoul?
57% of leasing activity came from this sector.
Most Read
1. APAC office demand surges to 2.2m sqm in Q3 2. Singapore private residential vacant stock grows by 18.8% in Q3 3. Hong Kong to see nearly 3,000 new hotel rooms for remainder of 2024 4. Singapore CBD Grade A office demand could remain weak until 2026 5. Australian CBD markets record mixed signals for office demand in Q3Resource Center
Read Here
Advertise
Sign Up
Event News
Event News
Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
