OFFICE

Despite the addition of several new Grade A buildings in Q4 2020, strong leasing demand provided support to average effective rents.

 

RETAIL

Retail operations were negatively impacted during the Christmas period due to the introduction of restrictions to contain a resurgence in COVID-19 infections.

 

LOGISTICS

Rents increased by 1.2% in H2 2020 compared to H1 amid solid leasing demand and the addition of new supply with higher asking rents.

 

INVESTMENT

Investment volume reached KRW 5.37 trillion in Q4 2020, bringing the full-year total to KRW 17.5 trillion, a record high.