Distinct regional variations in new supply within the Seoul metropolitan area
In 2024 2H, the new supply of logistics centers in the Seoul metropolitan area showed significant regional variations. The 'Southern Region' saw approximately 100,000py of new supply, more than a 50% decrease compared to 1H. Additionally, the 'Southeastern Region' continued to experience a decline in supply, with around 90,000py of new logistics centers being supplied in 2H. The 'Southeastern Region' had consistently seen concentrated supply of 200,000 to 300,000py per half-year since the first half of 2021, but a sharp decline has been observed following the supply of approximately 130,000py in the first half of 2024
Distinct regional variations in new supply within the Seoul metropolitan area
In 2024 2H, the new supply of logistics centers in the Seoul metropolitan area showed significant regional variations. The 'Southern Region' saw approximately 100,000py of new supply, more than a 50% decrease compared to 1H. Additionally, the 'Southeastern Region' continued to experience a decline in supply, with around 90,000py of new logistics centers being supplied in 2H. The 'Southeastern Region' had consistently seen concentrated supply of 200,000 to 300,000py per half-year since the first half of 2021, but a sharp decline has been observed following the supply of approximately 130,000py in the first half of 2024
INDEX
Part1. Leasing Market
Part2. Investment Market