The South Korean real estate market has drawn significant investor attention over the last few years. As we put the pandemic behind us and move into the latter half of 2023, we delve into the prospects for South Korea.
- The view from top down: The performance of any viable real estate market is fundamentally intertwined with the prevailing economic conditions. While it may not be the sole determinant in the investment decision-making process, possessing a holistic top-down comprehension aids in delineating the growth trajectory of the underlying South Korean real estate market.
- Commercial real estate: While South Korea is a flourishing economy, it lags behind regional peers in terms of its institutional profile. We are of the view that the institutional development of the South Korean real estate market still has ample runway to benefit real estate investors.
- Strategic discussions: Weaning away from a regime of low interest rates has been unsettling and precarious for many global investors. We delve deeper into market dynamics and present why we continue to see South Korea as a compelling market for real estate investors.