In 2H 2024, data center development in the Greater Seoul Area (GSA) accelerated compared to the first half, with new projects shifting from Southwestern Seoul to the Incheon/Bucheon cluster. Additionally, global investor participation expanded, leading to key transactions and investments, including Macquarie Infrastructure's completion of the Hanam IDC acquisition. Furthermore, the mandatory Zero Energy Building (ZEB) certification and enhanced Personal Information Protection Act (PIPA) regulations are expected to drive structural changes in the data center industry.
Seoul Data Center Market Report
Chloe Kwon • 04/03/2025
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Logistics Tenant Profile – The Origin region of E-Commerce Logistics, Gimpo
Gimpo became a major last-mile delivery hub with the Gochon Logistics Complex near Seoul.
Carter Kim • 03/04/2025
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2022 South Korea Market CRE Outlook Report
This report provides an outlook on the office and investment markets in Korea.
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