• PROVIDING A STRATEGIC ADVANTAGE Through Technology & Processes
  • EXPERIENCE QUALITY Under One Brand with A Single Point of Control
  • UNITING LOCAL COMMERCIAL Real Estate Experience with Global Execution
  • DELIVERING RESULTS Through Collaboration & Integration

South Korea

    South Korea

    South Korea has been the world's second fastest growing economy for over four decades. Many globally well-known South Korean conglomerates such as Samsung, Hyundai-Kia, Hyundai Heavy Industries, LG, SK, and POSCO have rapidly grown to become world leaders in their respective industries. Samsung Group is the world's largest conglomerate and a leading consumer electronics brand; in 2006, if measured alone, Samsung group would have ranked in the top 40 economies in the world. South Korea has a highly developed high-tech infrastructure, with the world's highest broadband internet access per capita. South Korea is the world's leading memory chip producer and the government has made it a goal to become the world’s leading robot manufacturer in the near future. Despite a lack of natural resources, South Korea has become one of the world’s leading economies.

    South Korea is well known for its low vacancy rates, which have reached a half of a percent in some of the most sought after districts in Seoul. We see this trend continuing and along with the low vacancy rates, rental terms remain in favor of the owner/developer. Land prices outside of Seoul have dropped by a slight margin; however the economic downturn has not hit South Korea's commercial market as hard as other nations.