The office market is experiencing a major paradigm shift with both the investment and rental markets undergoing significant changes. The office rental market in Seoul has been thriving in recent years thanks to low supply and demand for expansion from businesses. However, some companies have ventured into Gyeonggi-do and this has slowed demand while raising vacancy rates. Many in the market fear higher vacancy rates moving forward and are making contingency plans. Interest rates have also remained high, which discourages investment in offices. Investor worries are deepening in this ever-changing environment. Many are wondering how they should approach the Seoul office market and which strategy to deploy for […]