Listings for sale of office buildings continue to pile up in the Seoul office market. Even amid low market liquidity, new properties are being put up for sale as their sellers are eager to dispose of the assets for a variety of reasons. Last year, Gangnam was at the center of the flood of sales, but this year the CBD appears to be the hottest location. It is taking longer and longer to complete sales, so many are rushing to prepare for their asset sales with enough time for loan or fund maturity.. However, major investors, including institutional investors and foreign investors, remain hesitant to buy. There is also […]