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Weekly Korean Market Update(04/15~04/21)

2024. 04. 22 · SPI
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

    JLL Reports Seoul Office Transaction Volume in Q1 Increased 27.6% from Previous Quarter According to a report published by JLL Korea, ‘Seoul Class A Office Market Trends in the First Quarter of 2024’, approximately KRW 3.0462 trillion was transacted in the domestic office investment market in the first quarter of 2024. This marks a 27.6% increase from the previous quarter. Seven mega deals with transaction amounts exceeding KRW 100 billion were concluded, leading to an increase in transaction volume. The office property sold at the highest transaction price in the first quarter was Arc Place, which Blackstone sold to Koramco REITs & Trust for approximately KRW 790 billion, […]

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