A couple wearing masks to protect against the coronavirus ride next to the Han River in Seoul, South Korea on April 4, 2020. The relative resilience and maturity of South Korea’s economy is the key factor underpinning confidence in the commercial property sector. Photo: Reuters
A couple wearing masks to protect against the coronavirus ride next to the Han River in Seoul, South Korea on April 4, 2020. The relative resilience and maturity of South Korea’s economy is the key factor underpinning confidence in the commercial property sector. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

Nicholas Spiro

South Korea’s commercial property market is surging despite the Covid-19 pandemic

  • Despite a sharp downturn in global investment and occupier markets, transaction volumes in Seoul hit an all-time high as the capital became a new hotbed
  • As Asia’s commercial property markets slowly recover from their sharpest downturn in more than a decade, South Korea has defied the slump in spectacular fashion

A couple wearing masks to protect against the coronavirus ride next to the Han River in Seoul, South Korea on April 4, 2020. The relative resilience and maturity of South Korea’s economy is the key factor underpinning confidence in the commercial property sector. Photo: Reuters
A couple wearing masks to protect against the coronavirus ride next to the Han River in Seoul, South Korea on April 4, 2020. The relative resilience and maturity of South Korea’s economy is the key factor underpinning confidence in the commercial property sector. Photo: Reuters
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