Real Estate Asia on MSN4d
Why Grade B office vacancy rates are expected to rise in Seoul this year
There are several new projects set to enter the market. With several Grade B offices set to enter the CBD and Gangnam in 2025 ...
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Seoul office building transactions hit 7.8 trillion won, highest in a decade
the vacancy rate for office buildings in Seoul last December was 2.92%, up 0.17 percentage points from the previous month (2.75%). Except for CBD, which remained the same as November last year (3. ...
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Gangnam sees fierce competition for office space as Euljiro struggles with unsold properties
The transaction polarization in the commercial office market in Seoul is deepening. While large listings in the central business district (CBD) of Jongno and Gwanghwamun continue to accumulate ...