December 2016


[Herald Interview] ‘Investors will turn to logistics property for higher profits in 2017’

[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.