Capsule · The news app for modern leaders

Trends and Insights

Download
18 Nov 2023

98%

Office Occupancy in Seoul, Best in The World

South Korea's capital Seoul is the world's best performing office market, boasting over 98% occupancy in grade-A offices. A recent example saw domestic and international companies fighting to occupy floor space in the esteemed Gangnam district. In contrast, US commercial real estate owners face dwindling interest, repercussions of higher interest rates and an estimated nine months of predicted market decline. [Source](https://www.instagram.com/p/CztP3GlOw3z/?igshid=MzRlODBiNWFlZA==)