Providing Up-to-date news and contents of Korean commercial real estate market including investment, REITs and market players.
※The US is not alone in feeling a growing influence from IT companies on this sector. The same is true for South Korea. There have been cases similar to Google’s where the companies purchase office space directly (NCSoft, Krafton, Smilegate), and since IT companies see rapid growth, they are always looking for more office space, thus impacting the real estate market in big ways. This phenomenon is especially apparent in Pangyo. This time I will tell you about a meaningful change taking place in the Pangyo office market. GIC Makes First Investment in the Pangyo Office Market The Government of Singapore Investment Corporation (GIC) is a big player […]
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Content Editor, Seoul Property Insight(SPI)
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