office

"Despite the significant levels of office supply expected this year, any lingering concerns about a glut have been eased with most of it already filled or pre-leased."

"May sees an uptick in the level of requirements, although more are being placed on hold"

"High levels of pent-up underlying demand remain despite slow pace of leasing activity"

"The Coronavirus Pandemic and its Impact on Korea’s Commercial Real Estate."

"Office rents saw continued growth in Q1/2020 and vacancy rates remain extremely tight. That said, this trend will likely end, or at least pause, due to the fallout from COVID-19. Airtight vacancy and advance notice  equirements for relocation should, however, serve as a buffer until later this year."

"Commercial volumes have declined dramatically with activity dominated by bargain-hunting investors looking for distressed assets which remain hard to come by."