[Herald Interview] ‘Investors will turn to logistics property for higher profits in 2017’
25 December 2016
The office market in Seoul saw a boom this year with foreign investment behemoths buying up two landmark office buildings in Seoul -- the International Financial Center in Yeouido and Capital Tower in Gangnam.
But in 2017, expected interest rate hikes and more fierce competition will drive foreign investors to look for riskier, but possibly more profitable, real estate assets such as logistics centers rather than offices, the head of Savills Korea said.
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Prime Benchmark, July 2017
07 September 2017
The US dollar depreciated against most Asian currencies by between 0.6% and 6.8% during the first half of 2017. This is reflected in the rental values of income-producing assets in Asia which have become relatively more costly in US dollar terms.
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