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From Goldman Sachs to K Square Hongdae, All Eyes on Hongdae High Street

2025. 07. 24 · Byungki Koh
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Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.

“High Street is not an ordinary street. Broadly, it refers to the center of the commercial district, and narrowly, it refers to the area where cafes, restaurants, beauty, fashion, and tech brands are concentrated. This could be the prime commercial district that encompasses flagship stores, corporate headquarters, financial institutions, large office towns, and residential areas of high-income earners with strong purchasing power.”- Dan Kim, Deputy Managing Director of Cushman & Wakefield Korea, from “Seoul’s High Street”” So where are Seoul’s ‘high streets’ located? In the retail report published quarterly by Cushman & Wakefield Korea, the so-called ‘high streets’ of Seoul were identified as Myeongdong, Gangnam, Hongdae, Garosu-gil, Hannam-Itaewon, Cheongdam, and […]

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