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“Can’t Get Better Than This”: Looking Back at Seoul Office Rental Market

2024. 01. 05 · Suah Baek
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    ※Editor’s note: “Can’t get better than this”, is the best way to summarize the Seoul office rental market in 2023. Unlike the global office market, where demand for offices has decreased significantly due to the spread of remote working sparked by the pandemic, Korea has enjoyed an unprecedented boom. Baek Suah from Colliers Korea has summarized the major issues affecting the Seoul office rental market in 2023, a year when the Seoul market showed clear signs of decoupling from the global office market.   1. Scale Tower Lives up to Name and Corporate HQ Investment Strategies Scale Tower (Tiger 318 Building) attracted attention as the only large-scale office […]

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