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Economic insight Korea, achieving rental reductions in a rigid market [electronic resource]

By: Language: English Series: On Point ; April 2009Publication details: Seoul JLL 2009Subject(s): LOC classification:
  • 333.33 $2 18
Online resources: Summary: Reports that occupiers of office property are seeking to reduce occupancy costs, however rents in Seoul are not falling as fast as in other neighbouring cities. Suggests that the option of moving to lower cost locations should be considered as a way of making cost savings, as well as engaging the services of a tenant representative.

Reports that occupiers of office property are seeking to reduce occupancy costs, however rents in Seoul are not falling as fast as in other neighbouring cities. Suggests that the option of moving to lower cost locations should be considered as a way of making cost savings, as well as engaging the services of a tenant representative.