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CBRE Korea, “Landlords Continue to Dominate Seoul Office Market” CBRE Korea has predicted a slight recovery in supply in the Seoul Class A office market this year but excluding office building-type assets and leased areas, the actual area available for leasing will still be limited. With competition intensifying, rents are likely to rise. It is expected that a total of 220,808 square meters of new assets will be supplied to the Seoul Class A office market this year. In the CBD area, the Meritz office building in Bongrae-dong and the new office facility in Cho-dong, with a total floor area of 40,279㎡ and 38,860㎡, respectively, are scheduled for […]
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