Seoul has become the leader in the Asian real estate market, writes Bloomberg
Seoul has emerged as the largest Asian market for office and retail real estate deals after the capital of South Korea prevented a lockdown, limiting the development of the coronavirus pandemic.
For the year to September 2020, office transactions in the country amounted to almost $ 9 billion, which exceeds the figure for Tokyo, where the figure was $ 7.7 billion in Tokyo, and Shanghai - $ 4.8 billion.
Seoul also ranked first in retail property deals, followed by Guangzhou and Tokyo.
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