On the doorstep to China and East Asia, South Korea is a connection point for both regional and global companies. Coupled with an unparalleled technological infrastructure, you can see why South Korea, holds appeal for companies seeking a home for their data centres.
Seoul investment market remains active amid steady leasing activity
CBRE Korea releases Seoul MarketView Q1 2019 report reporting commercial real estate transaction volume at 3.1 trillion won in Q1 2019… a decline of 5% q-o-q and a lack of high-quality stock available for sale results in intense competition among investors
CBRE Korea hosts ‘CBRE Forum 2019’ for real estate investors and industry experts
The 2019 Forum announces 2019 global commercial real estate market trends and presents workplace strategy to enhance collaboration, creativity and efficiency
‘Korean commercial real estate transaction volume expected to shrink marginally in 2019’ CBRE Korea
This is said by CBRE Korea to be due to higher borrowing costs, tighter regulations, lower returns and investors advised to consider a range of short-term strategies and portfolio diversification.