Korea Market Outlook 2017
Low for Longer: The new normal
Subdue economic growth is expected amidst uncertainties, nevertheless still projected to record a steady GDP growth well above OECD average.
More supply but limited selection
Although there are a substantial amount of new supply confirmed, occupiers will have a limited selection of newer properties in core locations, as their strong preferences for these are reflected by rapid take-up activities.
More sophisticated end-user requirements
Expansions in 3PL and e-commerce industry will intensify the need and the competition for large-scale modern logistics centers with ideal accessibility to major expressways.
Foreign-in & Domestic-out
Domestic institutional investors are set to actively deploy capital in purchasing stable overseas real estate assets, whilst an influx of foreign capital will continue seeking value-added and opportunistic investments in Korea.