18.11.2011 - Korea: Is it tenants’ market or landlords’ nightmare?
It is a great time to shop for a glitzy new office at a bargain, and tenants are certainly taking advantage. Newly-finished and semi-complete office towers in Seoul’s business districts are changing not only the capitals’ skylines but also the rent price level _ downward. Landlords behind these glass-walled temples may be big-name asset management companies or real estate developers, but they are forced to throw unprecedented perks at prospective tenants to lock in deals...........................................Full Article: Source
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