Seoul Real Estate News
Seoul
Despite Economic Headwinds, Global Commercial Property Investment Remains Attractive in 2022
According to global property consultant CBRE, following a strong global economic recovery in 2021 and early 2022, macroeconomic headwinds are raising fears of a broad-based downturn as central banks address persistent high inflation.
Hong Kong Sees Increased Investment Demand for Cold Storage Real Estate
Investment in Asia Pacific's cold storage market is expected to grow fivefold in the next decade, driven by a shortage of new supply, outdated existing facilities and rapidly changing consumer demands created by the widespread adoption of online grocery shopping.
Asia Pacific Commercial Investment Dives 37 Percent in Q2
According to global property consultant JLL, tightening rate cycles and inflationary concerns led to a slowdown of direct real estate investment activity across the Asia Pacific region, which fell 37% year-on-year to $32.3 billion in Q2.
Global Cities Home Prices Rising at Fastest Rate Since 2004
According to international property consultant Knight Frank's latest Global Cities Home Price Index, real price growth in local currencies and movement in mainstream house prices across 150 global cities, 94% of which saw prices increase over the latest 12-month period, up from 85% a year ago.
