CBRE – Korea Real Estate Market Outlook, 2025

The report by CBRE "Korea Real Estate Market Outlook, 2025" analyzes the economic and real estate trends in South Korea. Korea's economy is expected to experience slowed growth in 2025, continuing the trend from the previous year. The Bank of Korea is anticipated to maintain an easing bias with further interest rate cuts, dependent on both domestic and global economic conditions. In the office sector, limited supply is expected to support positive growth in Seoul's Grade A market, while large-scale developments outside major districts may shift demand. The retail sector faces challenges from high inflation and sluggish demand, though traditional districts benefit from tourism recovery. The logistics sector faces high vacancy rates but is expected to stabilize gradually. Investment in commercial real estate is poised for recovery due to potential interest rate cuts, though macroeconomic volatility remains a concern.