Seoul's high street vacancy rate decreased by 1.5% this year, reaching 17.1% in Q3 2024. The fragrance category is showing vibrant activity, with numerous stores opening, particularly in Garosu-gil and Seongsu. As the domestic fragrance market grows, brands that once focused on department store locations are expanding to street-level shops, creating sensory-driven spaces that prioritize customer experience.
Retail MarketBeat Report
Hena Park • 08/11/2024
Authors
CURRENT MARKETBEATS
MarketBeat
Access the latest quarter commercial real estate results for the retail sector nationally. MarketBeat reports analyze quarterly market activity including supply, demand and pricing trends.
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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
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Cushman & Wakefield's Q3 2024 Seoul Investment MarketBeat report is now available to download. Please click on the link to read our latest report.
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Cushman & Wakefield's Q3 2024 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
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Marketbeat Retail Reports analyze the activity of the retail market in France, taking into account supply, demand, and transactions across markets and submarkets.
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Cushman & Wakefield MarketBeat reports analyze quarterly economic and commercial real estate activity including supply, demand and pricing trends at the market and submarket levels.
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