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Corporate Capital Markets Corporate Capital Markets

Services

Agency Leasing Services

Driving optimised leasing investments

4 people
 

Our Agency Leasing advisors go beyond filling spaces with tenants.

Our advisors provide intelligent strategies and comprehensive support to convert acquisitions into high-performing investments. In South Korea’s sophisticated market, we navigate complex regulations and tenant expectations. From Seoul's CBD to emerging districts, our local market knowledge allows us to create strategies that optimise every investment, ensuring long-term asset value and performance.

What Sets Us Apart

Optimising Lease Potential

We devise tailored leasing strategies by analysing investment objectives, tenant mix, and financing structures. Our expertise in the unique deposit system, including South Korea’s jeonse arrangements, ensures optimal lease structures that align with landlord goals and regulatory requirements under the Commercial Lease Protection Act.

In-Depth Market Awareness

We manage the entire marketing process with top-tier creative specialists, technology, and digital promotion. Our localised approach recognises Seoul’s distinct submarket dynamics, from Gangnam to emerging districts, positioning assets strategically within competitive market conditions to attract and retain high-quality tenants.

Flawless Execution

Leveraging deep market connections, our advisors analyse prospective tenants, create targeted canvassing programmes, and track market trends. We navigate complex tenant renewal rights and rent increase limitations to ensure every leasing strategy is executed flawlessly, maximising asset performance and returns.

Integrated Service Connectivity

We offer unified capabilities including project management, property management, sustainability consulting, capital markets advisory, and valuation. This allows our clients to gain unparalleled access to local, national, and global trends and occupiers, ensuring a holistic approach to their real estate strategy.

Services

Integrated Services



Asset Services


Optimise asset performance through strategic property management and operational excellence tailored to Korea’s regulatory environment and tenant expectations.  

Learn more about our asset services


Project & Development


Navigate construction and development landscapes with expert project management, from planning through delivery, ensuring compliance with local regulations and market requirements.

Learn more about our project development


Rethinking Properties


Transform underperforming assets through strategic repositioning, leveraging market insights and innovative approaches to maximise investment potential.

Specialisation

Industry Specialisations



Office


Our office leasing specialists navigate Seoul’s Grade A market, where stable vacancy and rental growth are driven by GBD pre-leasing. We leverage deep corporate relationships and an understanding of sophisticated renewal frameworks to maximise occupancy and rental returns for our clients.


Industrial & Logistics


In the evolving logistics sector, marked by concentrated investment despite supply constraints, our team provides strategic positioning for warehouse and distribution facilities. We understand the regulatory environment and tenant demand for advanced logistics centres, ensuring optimal asset performance.

Learn more about our industrial expertise


Retail


Seoul’s retail districts have shown resilience with stable vacancy rates. Our specialists understand the unique dynamics of these key areas, delivering innovative leasing solutions that enhance asset value and drive footfall, positioning properties for long-term success.

Learn more about our retail expertise

Team

Josh-Lim
Josh Lim

Senior Director
Seoul, Korea, Republic of


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Research

Shopping Retail
MarketBeat

Retail MarketBeat Report

Cushman & Wakefield's Q2 2026 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Suki Kim • 26/08/2026
CWMagokMarketInsightVol2
Research • Investment / Capital Markets

Magok Market Insight

The average vacancy rate in Seoul's prime business districts was 2.4% in the first quarter of 2024, marking the seventh consecutive quarter with vacancy rates in the low 2% range, creating a fully landlord-dominated market.
Jin So • 03/07/2024
KR-Market-Outlook-CrdImg
Research • Workplace

2024 Korea Commercial Real Estate Market Outlook Report

This report provides an overview of the current domestic economy using macroeconomic data and presents a 2024 outlook on the commercial real estate market for key sectors of the industry.
Jin So • 18/12/2023
bank-failures-and-panic-web-card
Research • Economy

Bank Failures and Panics: Five Key Thoughts for Commercial Real Estate

Given the recent collapse of a few mid-sized to small banks which has caused concerns over the potential for a financial crisis, Cushman & Wakefield Research provides its “first take” and some reassurance in a time of heightened uncertainty. This analysis was published on 3/15/2023. Given the fluidity of the situation; Cushman & Wakefield will provide updates as pertinent information becomes available.
Kevin Thorpe • 27/03/2023
obsolescence-webcard
Insights • Workplace

Obsolescence Equals Opportunity

Much has been written about the potential death of the office, with justifiable concern that some office properties may never again be fit for their original purpose. Running counter to the doomsday narrative is Cushman & Wakefield’s new publication, Obsolescence Equals Opportunity. In it, we offer a perspective focused on the upside potential for owners who are able to meet the market’s call to action. 
Kevin Thorpe • 22/02/2023
KR-Outlook2023-thumbnail
Research • Economy

2023 South Korea Commercial Real Estate Outlook Report

This report diagnoses the domestic economic situation through macroeconomic data and contains the wrap-up of 2022 CRE markets and outlook for 2023 for Office and Logistics.
Jin So • 03/01/2023
Outlook 2023
Research • Workplace

Asia Pacific Office Outlook 2023

Supply, Demand, Vacancy and Rent: A look at the fundamentals underpinning Asia Pacific’s key office markets in 2023 and beyond.

07/12/2022
jason-zhang
Insights • Investment / Capital Markets

Sorim Jie: South Korea’s commercial real estate investment market continues to thrive

South Korea’s commercial real estate investment market has been on fire since 2017, and investment volume continued to ramp up in 2020 and 2021 despite the pandemic. 
Sorim Jie • 14/02/2022
Cross-border Investment Webinar
Insights • Investment / Capital Markets

Cross-border Investment Webinar 2020

This webinar focused on US office and logistics investments and was set to help investors in Korea formulate their real estate strategies as the global economy prepares for a full recovery from the global health crisis. 
Sorim Jie • 10/12/2020

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FREQUENTLY ASKED QUESTIONS

Our comprehensive agency leasing services include strategic asset analysis, property positioning and marketing, tenant targeting and screening, lease negotiation, and ongoing market intelligence. We specialise in navigating South Korea’s Commercial Building Lease Protection Act requirements, deposit structures, and renewal rights to optimise landlord returns while ensuring regulatory compliance.

We leverage deep market knowledge of Seoul’s distinct submarkets, from CBD and YBD to GBD to position properties strategically. Our approach includes comprehensive market analysis, targeted tenant identification, property-specific marketing campaigns, and relationship-driven outreach to credit-worthy tenants who align with your investment objectives and asset profile.

Key considerations include understanding tenant renewal rights (up to 10 years under current regulations), rent increase limitations (5% cap), deposit requirements, and submarket dynamics. Landlords must also consider building specifications, proximity to transportation hubs, and tenant mix strategies that align with Grade A office standards and emerging workplace trends.

We develop comprehensive leasing strategies that balance immediate occupancy goals with long-term value creation. This includes tenant diversification, strategic lease structuring within Korea’s regulatory framework, proactive renewal management, and market positioning that enhances asset competitiveness across economic cycles.

Green leasing incorporates sustainability clauses that promote energy efficiency, waste management, and data sharing between landlords and tenants. In an evolving ESG landscape, green leases can command premium rents, improve building performance, and align with government sustainability initiatives while supporting both parties’ environmental goals through shared incentives and responsibilities.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

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