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insights • workplace
2024 Office Tenants Profile ReportThe Seoul office leasing market remains a landlord-dominant market, marked by record-low vacancy rates and peak rental prices due to the shortage of new office supply within major business districts.
Suki Kim • November 12, 2024
research
What Occupiers Want: Global Survey Results 2025In partnership with CoreNet Global, Cushman & Wakefield presents the 2025 edition of What Occupiers Want—our biennial global survey that captures key priorities and perspectives into the shifting dynamics of decision-making, investment, workplace trends and portfolio strategies of occupiers worldwide.
Despina Katsikakis • July 25, 2025
insights • workplace
2025 Office Tenants Profile ReportDisparities across submarkets and asset classes in the office leasing market are becoming more pronounced.
Suki Kim • September 16, 2025
insights • workplace
2023 Office Tenants Profile ReportThe demand for offices in the Seoul has remained high compared to major overseas countries even after the COVID-19 pandemic.
Suki Kim • December 04, 2023
insights • workplace
2022 Office Tenants Profile ReportThe Seoul office leasing market has undergone substantial changes in the wake of the COVID-19 pandemic.
Suki Kim • December 16, 2022
research • investment / capital markets
Magok Market InsightThe average vacancy rate in Seoul's prime business districts was 2.4% in the first quarter of 2024, marking the seventh consecutive quarter with vacancy rates in the low 2% range, creating a fully landlord-dominated market.
Jin So • July 03, 2024
research • workplace
REWORKING the Office Asia PacificOur ‘REWORKING’ series examines decision-making for occupiers under four key considerations: Cost, Carbon, Culture and Community – under which the changing demands, needs and impacts on office spaces and strategies can be examined.
Anshul Jain • November 03, 2023
research
Reimagining Workplaces: Why Efforts Fall Short—and How to Get It RightThe workplace is at a crossroads. Despite investments in redesigns, return-to-office mandates and new technologies, employee engagement is declining, collaboration is challenging, and office use continues to lag. Leaders are asking: What will it take to make the workplace work again?
Linsey Smith • March 27, 2026
insights • workplace
Sorim Jie: Seoul's Office Market Remained Sought After with Low Vacancy RatesKorea office market has not been largely affected by Covid-19 nor WFH. Although there has been a slowdown in rent increase and net absorption, the vacancy rate in major business district is still under 5% and the cap rate still at mid-4% for Grade A offices.
Sorim Jie • May 13, 2025
research • workplace
Rethinking the office sector in Asia PacificOur report takes a deeper dive into the underlying dynamics and drivers across The APAC region’s major markets and provides a roadmap for asset optimisation.
June 21, 2023
marketbeat
Office MarketBeat ReportCushman & Wakefield's Q2 2026 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • July 28, 2026
