The direction of the global office market has shifted completely when comparing before and after the COVID-19 pandemic. With more people working from home, major world cities like New York and London have seen a greatly reduced office population resulting in high vacancy rates. This has brought huge changes to the global office market, except for in one city – Seoul. The Seoul office market has never been better, and has remained strong as ever. The central, Yeouido, and Gangnam business districts have vacancy rates below the market’s natural vacancy rate, and rental prices are rising consistently. This is especially true in Gangnam where the vacancy rate is […]