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insights • workplace
2023 Office Tenants Profile ReportThe demand for offices in the Seoul has remained high compared to major overseas countries even after the COVID-19 pandemic.
Suki Kim • December 04, 2023
insights • workplace
Obsolescence Equals OpportunityMuch has been written about the potential death of the office, with justifiable concern that some office properties may never again be fit for their original purpose. Running counter to the doomsday narrative is Cushman & Wakefield’s new publication, Obsolescence Equals Opportunity. In it, we offer a perspective focused on the upside potential for owners who are able to meet the market’s call to action.
Kevin Thorpe • February 22, 2023
research • investment / capital markets
Magok Market InsightThe average vacancy rate in Seoul's prime business districts was 2.4% in the first quarter of 2024, marking the seventh consecutive quarter with vacancy rates in the low 2% range, creating a fully landlord-dominated market.
Jin So • July 03, 2024