seoul grade a office rents
This Seoul district just saw its highest office rental growth since 2008
Rents grew 8.7% in Q3 in this area.
This Seoul district just saw its highest office rental growth since 2008
Rents grew 8.7% in Q3 in this area.
Seoul Grade A office vacancy rate hits 13-year low of 3.9%
The city’s vacancy now hovers below the natural vacancy rate.
Seoul prime office vacancy hits 13-year low of 4.9% in Q2
Net absorption increased 156,400sqm during the quarter.
What to expect in Seoul’s Grade A office market this year
There is no new Grade A office supply scheduled for completion in the coming year.
Seoul Grade A office rents hit record highs
Rents reached KRW100,400 per pyeong in the final quarter of 2021.