Office MarketBeat Report
Hena Park • 23/01/2025
Overall Grade A office vacancy in Q4 rose by 0.4 pp q-o-q to 3.5%. The CBD saw increased tenant relocation to other districts, while GBD experienced intra-district relocation or expansion. YBD was the only district with a vacancy rate decline due to successful leasing of large spaces. Rent increased 1.1% q-o-q, but the annual growth rate slowed to 3.5%, compared to 7.1% in 2022 and 5.8% in 2023.
CURRENT MARKETBEATS

MarketBeat
Cushman & Wakefield's Q4 2024 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
Hena Park • 23/01/2025

MarketBeat • Investment / Capital Markets
Cushman & Wakefield's Q4 2024 Seoul Investment MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 22/01/2025

MarketBeat
Cushman & Wakefield's Q3 2024 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Hena Park • 08/11/2024

MarketBeat • Supply Chain
Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
Hena Park • 28/08/2024