SEOUL MARKETBEAT REPORTS

Philip Jin • 23/01/2020
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.

Office: The vacancy of newly completed office buildings within CBD decreased significantly last year and this year.

Retail: The number of skin-care shops, dermatology and plastic surgery hospitals in Gangnam district has been increasing steadily since H2 2018.

Investment: CBD led the market, with volumes hitting approximately KRW 5.0 trillion, with ten transactions for prime grade buildings.

Learn more by clicking our most recent Seoul MarketBeat reports below.

CURRENT MARKETBEATS

Office Buildings CBD
Seoul Office Report

Strong demand is expected to continue, but a rise in vacancy rates seems inevitable as a large supply is scheduled for 2020.

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Shopping Retail
Seoul Retail Report

Statistics from the Korea Tourism Organization shows that foreigners ranked treatment and beauty services as the purpose for visiting Korea in 11th place, up from 14th in Q3 2019.

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Warehouse Internal Rack
Seoul Investment Report

Total transaction volume was 11.1 trillion won, a record year after exceeding last year’s figure.

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