From
Send to

[Photo News] Number of vacant office buildings soars

April 27, 2016 - 17:11 By Korea Herald

LEASE FEE DISCOUNT -- Two women walk past a building in Gangnam, southern Seoul, which is publicizing a 20 percent discount on the rental fees of offices, on Wednesday. The government said the average vacant ratio of office buildings in Seoul soared to 10.1 percent in the first quarter of this year due to the increased supply of offices and the protracted, sluggish real estate market. (Yonhap)