Research

Seoul Industrial Market Dynamics Q1 2025

Summary and analysis of Seoul's current industrial real estate market conditions.

June 06, 2025
Contributors:
  • Veronica Shim
  • Large net absorption takes place, primarily in recent completions.

  • Supply plummets; vacancy rates follow suit in a positive market shift.

  • SCA logistics cap rate hits 5.3%, down for the second straight quarter.

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