• OFFICE

Average effective Seoul Grade A office rents increased by 0.6% q-o-q to 21,049 KRW per sq. m. in Q2 2018, supported by stable leasing demand in the GBD and CBD.


• RETAIL

Retail leasing demand remained steady despite subdued consumer sentiment. Retail sales volume posted impressive gains in Q1 2018, rising 16.2% y-o-y to KRW 112 trillion.

 

• INDUSTRIAL

3PL firms catering to fashion retailers, home appliance stores and manufacturers continued to drive leasing demand for Grade A logistics space.

 

• INVESTMENT

The investment market gained further momentum following a strong start to the year, with the period witnessing the completion of 51 deals worth a combined total of KRW 3.9 trillion.