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Office MarketBeat Report

Suki Kim • 28/07/2026
In Q2 2026, the average vacancy rate for Seoul's Grade A office market rose by 1.8 pp q-o-q to 5.8%, surpassing the 5.0% mark for the first time since 2021. The completion of G1 Seoul and Rene Square in the CBD contributed significantly to the increase in the overall vacancy rate. Average rents increased by 1.3% q-o-q and 5.0% y-o-y.

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2026 Q1 Seoul Office Marketbeat_eng-report.jpg

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Authors

CURRENT MARKETBEATS

Office Buildings CBD
MarketBeat

Office MarketBeat Report

Cushman & Wakefield's Q2 2026 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 28/07/2026
Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q1 2026 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 19/05/2026
Warehouse Internal Rack
MarketBeat • Investment / Capital Markets

Investment MarketBeat Report

Cushman & Wakefield's Q1 2026 Seoul Investment MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 30/04/2026
Warehouse Internal Rack
MarketBeat • Supply Chain

Logistics Marketbeat Report

Cushman & Wakefield's 2H 2025 Seoul Logistics MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 11/02/2026
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