Seoul Offices Continue to Enjoy Lowest Vacancy Rate Since Global Financial Crisis The three major office districts in Seoul recorded the lowest vacancy rates and highest real rental prices. According to a report published by JLL Korea called ‘Seoul Class A Office Market Trends in Q4-2022’, the vacancy rate of Class A offices in Seoul in the fourth quarter of last year was down 0.8% from the previous quarter to 1.8%. This is the lowest figure since the first quarter of 2009, at the tail end of the global financial crisis. The vacancy rate in the central business district was 3.0%, down 1.9% from the previous quarter, and 1.8% in […]