JLL Reports 17.1% Vacancy Rate for Seoul Metro Logistics centers in in Third Quarter According to the JLL 2024 Q3 Grade A Logistics Centers in Seoul Metropolitan Region, the vacancy rate of Grade A logistics centers in the Seoul metro decreased slightly in the third quarter, but rental prices increased. Four grade A logistics centers with a total area of 580,000 square meters were newly supplied to the metro area in the third quarter. The net absorption area increased by 33% to 650,000 square meters compared to the second quarter, resulting in demand leading the overall vacancy rate to decrease by 93bp to 17.1% compared to the second […]