Office: The average face rent of A grade Office Building in 2020 Q1 was 97,114 won / pyeong. By region, the face rent of Pangyo district rose 2.6% YoY, recording the highest increase rate, followed by GBD (1.39%), YBD (0.74%) and CBD (0.42%).
Retail: The COVID-19 outbreak has seriously impacted the retail market and has reshaped consumption patterns.
Investment: Medium-size building transactions included Bundang Square (47,691sq m/190 billion won) and MDM Dangsan Tower (27,991sq m/ 130.3 billion won).
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