South Korea
Seoul new prime logistics supply to remain moderated from 2025
More construction permits expire as developers struggle to secure financing.
Seoul new prime logistics supply to remain moderated from 2025
More construction permits expire as developers struggle to secure financing.
Which institutional hotel brands will enter Seoul in the near-term?
Mercure Hotel Ambassador Seoul Magok is expected to set foot in 2025.
Which subsector in Seoul saw the highest retail rental growth in Q2?
Shopping mall rents grew by 1.1% during the quarter.
Seoul office rents rise by 7.1% in Q2
Rent grew for all submarkets.
Seoul office transaction volumes slump to 10-year low in Q2
Investments totalled KRW630.3 billion during the quarter, the lowest since Q3 2014.
Seoul prime office face rents rise by 5.7% in Q2
The Gangnam Business District recorded the highest rental growth.
Seoul prime office net absorption hits 69,000sqm in Q2
The vacancy rate decreased to 3.2%.
South Korea’s 2024 hotel transaction volumes to breach 2023 levels
Find out which key transactions will contribute to this year’s strong performance.
How have South Korea’s hotel transaction dynamics changed over the last decade?
There’s a distinct trend when comparing pre and post pandemic dynamics.
More luxury hotels set to open in South Korea in the near term
Rosewood Seoul is expected to add 250 hotel rooms.
These are the notable hotel investment transactions in South Korea recently
The hotel transaction volume as of May 2024 is estimated at KRW918.5 billion.
Seoul Q1 industrial vacancy rate rises to 15.4% as new completions arise
The North recorded the biggest increase in vacancy from 0% to 12.2%.
Seoul high street retail rents inch up by 0.7% in Q1
Myeongdong saw the steepest increase of 1.5%.
Seoul Grade A office rents up 9.4% in Q1
CBD saw the highest rental growth of 4.3%.
Why new hotel development will be subdued in Seoul in the near term
There were no new hotel completions in Q1.
Seoul office transaction volume nearly doubles in Q1 2024
Transactions grew from KRW1.4 trillion to KRW2.51 trillion.
Seoul office vacancy rate set to climb in Q2
This is due to the completion of a major project in Q1.
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Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024
![Al Mouj Muscat's Business Park wins Office Development of the Year - Oman at Real Estate Asia Awards 2024]()
Co-Written / Partner
It sets new standards for office developments with its striking design and strategic location.
It sets new standards for office developments with its striking design and strategic location.
