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Weekly Korean Market Update (2/20~2/26)

2023. 02. 27 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

CBRE Korea: Lowest Quarterly Investment Since 2018, but Solid Rental Price Growth The Domestic Commercial Real Estate Market Report for Q4 of 2022, released by CBRE Korea, a global comprehensive real estate service company, revealed that the volume of commercial real estate investment transactions in the fourth quarter of 2022 decreased by more than 38% compared to the previous quarter, for a total of KRW 2.6645 trillion. Many transactions were led by domestic investors, but one important transaction was made by Singapore-based Keppel Asset Management in their purchase of the Samhwan Building for approximately KRW 223.2 billion. The total transaction size in 2022 stands at KRW 18.4367 trillion. After four […]

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