CBRE Korea Reports 45% Grade A Office Space by 2031, 83% Concentrated in CBD CBRE Korea has recently released its Seoul Office 2030 report that predicts that the Grade A office space in Seoul’s major business districts will increase by 45% by 2031, with approximately 80% of new supply concentrated in the central business district (CBD). CBRE expects that a total of 4.71 million square meters of Grade A office space in the three major business districts, including the CBD, Gangnam, and Yeouido, will be supplied through 42 development projects, accounting for 45% of the current scale. According to the analysis, 83% of the new supply, which is […]