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Office MarketBeat Report

Suki Kim • 30/04/2026
The average Grade A office vacancy rate in Seoul fell by 0.3 pp q-o-q to 4.0% in Q1 2026. This marks the first decline after a seven-quarter upward trend, with absorption of space in the CBD driving the overall decrease. However, with approximately 250,000 sqm of new supply scheduled for completion in the CBD this year, the deliveries will drive an unavoidable short-term rise in vacancy.

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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 Q1 2026 Seoul Office 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 • 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
Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q4 2025 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 25/02/2026
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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