office town in Seoul Archives

Foreign IT Companies Nestle in Gangnam to Fill up the Vacancies

SEOUL, July 6 (Korea Bizwire) –Global IT firms have increasingly settled down in Gangnam district of Seoul, which has struggled with a growing vacancy rate due to the existing tenants’ relocating to other popular business towns such as Pangyo or Gangbuk regions. Over the past year, the number of international firms relocated to Gangnam has [...]

No More Gangnam Style, Vacancies in Buildings All over Gangnam

SEOUL, Korea, April 19, 2014 (Korea Bizwire) – Office buildings are becoming more and more hollowed out. In the premium-grade skyscrapers in Seoul, it is rather easy to find empty offices these days. The vacancy rate in buildings in the Yoido district – Seoul’s main business and investment banking area dubbed as “Wall Street of Korea” [...]