CBRE: “Korean transaction volume as of the third quarter of this year was KRW 11 trillion, a 30% decrease compared to the same period last year.”
2023. 10. 31 · Byungki Koh
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While several transactions are in progress, deal closing is uncertain due to lack of liquidity and differences in opinion regarding price. The Domestic Commercial Real Estate Market Report for Q3 of 2023, released by CBRE Korea revealed that the volume of commercial real estate investment transactions in the third quarter of 2023 amounted to a total of KRW 3.2317 trillion. Several transactions were led by domestic investors, and the cumulative investment volume as of the third quarter of this year is now KRW 11 trillion. This is a decrease of approximately 30% compared to the same period last year. By asset, office asset transaction volume in the third […]
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Content Editor, Seoul Property Insight(SPI)
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