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Weekly Korean Market Update (6/27~7/3)

2022. 07. 04 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

Emerging Commercial Districts Hannam and Seongsu Attract Luxury Brands and Lines of Customers Luxury brands are paying attention to Hannam-dong and Seongsu-dong. Experiential store locations from luxury brands, restaurants, and cafes targeting young adults are popping up all over these commercial districts. In Hannam-dong, Gucci opened its flagship store Gucci House in March, and Breitling, a Swiss luxury watch brand, opened its world’s first food and beverage complex Breitling Townhouse Hannam. Lululemon, a global sportswear brand, is also planning to open a second domestic store near Itaewon Station in July. In Seongsu-dong, Dior is operating a concept store, Dior Seongsu, and Samsung C&T’s boutique shop, Beaker is also planning to […]

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