Korea Office Research

Savills Research & Consultancy aims to offer objective advice to clients in order to help them make well-informed real estate related decisions and realise pre-defined goals.

Featured report

Seoul office briefing

Seoul Office Briefing Q3 2017
15 November 2017

Although the capital market displayed volatility due to geopolitical issues, investment activity in the Seoul prime office continued to thrive.

 

Research search results: 37 found

 
Seoul Office Briefing Q3 2017

Seoul Office Briefing Q3 2017

15 November 2017

Although the capital market displayed volatility due to geopolitical issues, investment activity in the Seoul prime office continued to thrive.

 
 
 
Seoul Office Briefing Q2 2017

Seoul Office Briefing Q2 2017

18 August 2017

As the South Korean economy enjoyed continuing stability, Q2 for commercial leasing demand increased and investment activity continued to thrive.

 
 
 
Seoul Office Briefing Q1 2017

Seoul Office Briefing Q1 2017

20 April 2017

In Q1/2017, domestic office market investment volumes reached a record high, as many deals which started in 2016 closed.

 
 
 
Seoul Office Briefing Q4 2016

Seoul Office Briefing Q4 2016

08 February 2017

Even though there has been continued demand for office upgrading, the vacancy rate has remained unchanged due to large companies completing their own office buildings or relocations. In 2017, office relocations by large companies are expected to have a significant influence on the leasing market.

 
 
 
Seoul Office Briefing Q3 2016

Seoul Office Briefing Q3 2016

03 November 2016

Samsung financial affiliates, including Samsung life insurance, relocated their headquarters from the CBD to the GBD, increasing CBD vacancy.

 
 
 
Seoul Office Briefing Q2 2016

Seoul Office Briefing Q2 2016

29 July 2016

In 2H/2016, when Samsung Group relocates, it will result in decreased demand for the CBD and new inflow for the GBD.

 
 
 
Seoul Office Briefing Q1 2016

Seoul Office Briefing Q1 2016

11 May 2016

We do not see a demand recovery in the traditional large office occupier sectors, particularly the financial and manufacturing industries. However, the professional services industries, such as legal and corporate services and information technology, led the leasing demand in the quarter, reflecting this change in the drivers of demand.

 
 
 
Seoul Office Briefing Q4 2015

Seoul Office Briefing Q4 2015

11 February 2016

In 2015, the rental growth rate stagnated as leasing demand only inched up while the investment market volume shrank by more than 20% compared with 2014.

 
 
 
Seoul Office Briefing Q3 2015

Seoul Office Briefing Q3 2015

27 November 2015

Total employment increased slightly and demand for office space rebounded despite recent international financial market uncertainty.

 
 
 
Seoul Office Briefing Q2 2015

Seoul Office Briefing Q2 2015

27 July 2015

To boost the economy, the Bank of Korea lowered the benchmark interest rate to an historical low of 1.5% in June. In 2H/2015, more office buildings are expected to be brought to the market.

 
 
 

Key contacts

JoAnn Jieun Hong

JoAnn Jieun Hong

Director
Research & Consultancy

Savills Korea

+82 2 2124 4182

 

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