South Korea Real Estate Report 2016

Publisher Name :
Date: 31-Aug-2016
No. of pages: 64

BMI View: South Korea's commercial real estate sector should remain stable in 2016, benefiting from a

positive economic outlook. Demand for space is expected to be underpinned by expansion in the services

sector, higher purchasing power and accelerating growth in online shopping. The slowdown in the Chinese

economy poses a risk to the overall performance of the South Korean economy and hence the property

market, but on the whole we believe that the long-term outlook is bright given the country's highly

developed retail industry and economic diversification strategies.

Having seen a GDP growth of 2.6% in 2015, South Korea's economic growth is expected to be marginally

higher in 2016, with BMI forecasts indicating a rise of 2.8% this year. On average, growth over the next

five years is expected to be around 3.2% per annum in real terms. The positive growth anticipated over the

medium term is likely to support the commercial real estate market as a whole, although the risks to the

outlook for both the economy and the property market are on the downside due to the slowdown in the

Chinese economy, which is South Korea's largest trading partner

South Korea Real Estate Report 2016

Table of Contents

BMI Industry View 7
SWOT 9
Political 11
Economic 12
Operational Risk 13
Industry Forecast 15
Office Forecast 15
Table: Office Rental Rates 2011-2020 19
Table: Office Yields 2010-2020 20
Retail Forecast 21
Table: Retail Rental Rates 2011-2016 24
Table: Retail Yields 2010-2020 26
Industrial Forecast 27
Table: Industrial Rental Rates 2011-2016 30
Table: Industrial Yields 2010-2020 32
Residential And Non-Residential Construction 33
Latest Updates 33
Table: Residential and Non-Residential Building Industry Data (South Korea 2015-2025) 33
Table: Construction And Social Infrastructure Key Projects 40
Macroeconomic Forecasts 42
Economic Analysis 42
Industry Risk Reward Ratings 46
Industry Risk/Reward Index 46
Table: Asia Real Estate Risk Reward Index 2016 46
Rewards 46
Risks 47
Market Overview 49
Competitive Landscape 51
Property Developers 51
Property Managers 52
Demographic Forecast 55
Demographic Outlook 55
Table: Population Headline Indicators (South Korea 1990-2025) 56
Table: Key Population Ratios (South Korea 1990-2025) 56
Table: Urban/Rural Population & Life Expectancy (South Korea 1990-2025) 57
Table: Population By Age Group (South Korea 1990-2025) 57
Table: Population By Age Group % (South Korea 1990-2025) 58
Methodology 60
Industry Forecast Methodology 60
Sources 61
Risk/Reward Index Methodology 62
Table: Real Estate Risk/Reward Index Indicators 63
Table: Weighting Of Indicators 64

List of Tables

Table: Office Rental Rates 2011-2020
Table: Office Yields 2010-2020
Table: Retail Rental Rates 2011-2016
Table: Retail Yields 2010-2020
Table: Industrial Rental Rates 2011-2016
Table: Industrial Yields 2010-2020
Table: Residential and Non-Residential Building Industry Data (South Korea 2015-2025)
Table: Construction And Social Infrastructure Key Projects
Table: Asia Real Estate Risk Reward Index 2016
Table: Population Headline Indicators (South Korea 1990-2025)
Table: Key Population Ratios (South Korea 1990-2025)
Table: Urban/Rural Population & Life Expectancy (South Korea 1990-2025)
Table: Population By Age Group (South Korea 1990-2025)
Table: Population By Age Group % (South Korea 1990-2025)
Table: Real Estate Risk/Reward Index Indicators
Table: Weighting Of Indicators
  • China Real Estate Report 2017
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 80
    BMI View: Government stimulus appears to have stabilised the Chinese economy over recent quarters. However, structural issues now pose liquidity and credit risks, with a price correction in real estate, or further contractions in domestic demand, potentially leading to economic turmoil. Commercial real estate is supported by solid demand during a time of uncertainty, especially in the prime office and retail subsectors. As international companies keep demand high for spac......
  • Germany Real Estate Report 2017
    Published: 16-Nov-2016        Price: US 1295 Onwards        Pages: 56
    BMI View: German commercial real estate offers significant potential for investment, with the office and retail sub-sectors outperforming regional markets. Instability in the eurozone, dwindling global demand and rising debt have been shrugged off by strong macroeconomics, supporting stable economic growth. We believe there is room for further rental growth in 2017, on the back of bullish sentiment, high demand and greater business confidence. Germany is the fourth ......
  • Australia Real Estate Report 2017
    Published: 09-Nov-2016        Price: US 1295 Onwards        Pages: 59
    BMI View: Commercial real estate in Australia has weathered external headwinds from a slowdown in China, global economic uncertainty and a fall commodities prices. This can be attributed to the influx of foreign investment into prime assets that has kept prices buoyant and rental rates comparatively high. However, the surge of acquisitions from foreign investors has led to falling capitalisation rates, primarily influenced by a lack of supply. The current investment clima......
  • Hong Kong Real Estate Report 2017
    Published: 09-Nov-2016        Price: US 1295 Onwards        Pages: 63
    BMI View: The office sub-sector is likely to perform better than retail and industrial real estate over the next two years. However, the outlook for all three sub-sectors points to greater vibrancy, with higher levels of activity in both the leasing and investment market as economic growth picks up momentum from 2017 onwards. Economic growth in Hong Kong is expected to be weak in 2017, with GDP forecast to rise by 1.7%. This reflects the slowdown in domestic demand ......
  • Taiwan Real Estate Report 2016
    Published: 05-Oct-2016        Price: US 1295 Onwards        Pages: 53
    BMI View: The brief Taiwan recession - ending in Q216 and resulting in a trade volumes slump for the export-orientated nation - sent shockwaves through the economy, affecting foreign direct investment flows and seeing domestic demand dwindle. As a result, the commercial real estate industry has been rather dormant over the course of 2016, with only eight transactions recorded in the last six months. A return to growth for Taiwan will bode well for the commercial real ......
  • Croatia Real Estate Report 2016
    Published: 28-Sep-2016        Price: US 1295 Onwards        Pages: 55
    BMI View: An overwhelming vote of no confidence in the Croatian Prime Minister, Tihomir Oreskovic, has sent ripples through the Croatian parliament - delaying much-needed structural reforms and affecting investor sentiment. Additionally, continued growth in public debt, high levels of unemployment and headwinds from the volatile EU market post-Brexit will add further strain to the economy. We therefore anticipate low levels of demand to continue across the commercial real......
  • Ukraine Real Estate Report 2016
    Published: 14-Sep-2016        Price: US 1295 Onwards        Pages: 49
    BMI View: A return to GDP growth signals that the economy has crawled out of recession, and with greater public acceptance in the newly established Groysman government, we believe there is potential for increased investment into the economy over the next few years. However, continued armed conflict along the eastern border, low GDP per capita and high unemployment serve as warnings to potential investors in the commercial real estate sector. The commercial real esta......
  • Romania Real Estate Report 2016
    Published: 31-Aug-2016        Price: US 1295 Onwards        Pages: 58
    BMI View: A steady recovery in the Romanian economy, based on strong fundamental macroeconomics in terms of wages, consumer spending and employment figures, should see demand remain steady across the commercial real estate sector for 2016. Headwinds from EU economic uncertainty and lower global demand have seen buyers and tenants favour prime locations in established cities to avoid 'high-risk' assets. However, dwindling supply lines offer stability in rental rates, and r......
  • Venezuela Real Estate Report 2016
    Published: 17-Aug-2016        Price: US 1295 Onwards        Pages: 52
    BMI View: Years of economic mismanagement and the fall in the price of oil have plunged Venezuela into an economic crisis. Private sector investment has shrunk and consumer purchasing power has been eroded due to hyper-inflation. The worsening economic conditions have impacted negatively on all three sectors of the commercial property market and we do not expect this to change in the short term. Venezuela's economy has continued to deteriorate since our last report. Dimin......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs