Still Low for Longer
With continued low growth anticipated, the better-than-expected domestic economic performance in 2017, combined with the gradual global economic recovery is expected to provide a solid base for steady economic growth in 2018.
User experience will drive a stronger focus on wellness and amenities
Despite significant new supply, overall rents will remain unchanged amid stable leasing demand.
Large and modern logistics facilities are set to be the new norm, supported by the growth of e-commerce
Substantial new supply will be offset by growing occupier demand
More investors are expected to adopt value-added strategies
Commercial real estate transaction volume in Seoul is forecast to increase this year, supported by a sizable number of office deals