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Office MarketBeat Report

Suki Kim • 26/01/2026
In Q4 2025, the average vacancy rate of Grade A office buildings in Seoul rose by 0.1 percentage points q-o-q to 4.3%. Vacancy rates increased in the CBD and GBD, while the YBD recorded a decline. Overall, the average vacancy rate has continued a gradual upward trend over the past two years.
Rents increased by 1.5% q-o-q and stood 0.4 pp higher compared with the same period last year.

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Authors

CURRENT MARKETBEATS

Office Buildings CBD
MarketBeat

Office MarketBeat Report

Cushman & Wakefield's Q4 2025 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 26/01/2026
Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q3 2025 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 04/12/2025
Warehouse Internal Rack
MarketBeat • Investment / Capital Markets

Investment MarketBeat Report

Cushman & Wakefield's Q3 2025 Seoul Investment MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 05/11/2025
Warehouse Internal Rack
MarketBeat • Supply Chain

Logistics Marketbeat Report

Cushman & Wakefield's 1H 2025 Seoul Logistics MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 07/08/2025
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