South Korea

Seoul investment rebound, investors cautiously optimistic

COMMERCIAL real estate investment activity in Seoul bounced back strongly in Q3 2024 to KRW6.7 trillion, underpinned by large transactions. However office leasing remains challenging as the vacancy rate rose…

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Lasted South Korea

Asia Pacific appetite for flexible workspace continues to grow

DEMAND for flexible workspace continued to grow throughout the Asia Pacific, despite subdued market conditions across 2023. According to The…

Blackstone sells Seoul asset for $USD587.8 million

NEW YORK listed private equity group Blackstone (NYSE:BX) has sold Arc Place office investment in Seoul, South Korea for $US587.8 million…

Foreign investment in South Korea – Don’t get carried away!

There’s been a lot of talk about foreign investment in the South Korean property market in recent times and in…

South Korea’s powerhouse property market

SOUTH Korea's Real Estate market is expected to reach a staggering value of USD$26.69tn in 2024. According to global research…