Korea

CBRE Topped Korea Commercial Real Estate Investment Sales Activity in 2021

CBRE was the top-ranked firm for commercial real estate investment sales in Korea for the 3rd consecutive year according to Real Capital Analytics (RCA)

March 17, 2022

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Hannah Jeon

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-CBRE Holds Top Spot Globally for the 11th Consecutive Year and Ranks #1 across Asia Pacific

March 17, 2022 (Seoul, Korea) – CBRE was the top-ranked firm for commercial real estate investment sales in Korea for the 3rd consecutive year according to Real Capital Analytics (RCA)

RCA credited Korea with an overall 38% market share across all property types in 2021. Within Korea’s real estate sectors, CBRE led investment sales activity in development sites (64%), retail (58%), and offices (30%).

“CBRE’s remarkable achievement in Korea underscores the incredible effort from our outstanding professionals and our client-focused approach to delivering exceptional outcomes. Powered by CBRE’s broad services platform and deep market intelligence, we remain committed to providing our clients with the highest level of strategic investment advisory services while staying vigilant to evolving trends, so that we can advise capital on where to invest to maximize investor returns,” said Sean Choi, Head of Capital Markets, Korea.

Globally, CBRE was the top-ranked firm for commercial real estate investment sales for the 11th consecutive year in 2021. RCA credited CBRE with a 24% market share across all property types on a global basis in 2021—nearly double the number two and three firms combined.

In addition to being number one globally, CBRE held the top spot for commercial real estate investment sales in Asia Pacific with 28% market share. It also held the top spot in the Americas (23%) and Europe, Middle East & Africa (24%).

“The amazing set of results is truly a testament to our industry-leading platform and the strong client relationships we have with global capital sources. I am proud of our Capital Markets team’s consistent ability to navigate uncertainties and deliver unparalleled outcomes for our clients’ real estate investments,” said Greg Hyland, Head of Capital Markets, Asia Pacific, CBRE.

CBRE held the number one position across the major global property types in 2021, including office (22%), industrial (31%), retail (21%), multifamily (21%), hotel (21%) and development sites (28%). In Asia Pacific, CBRE had leading market shares for office (26%), industrial (33%) and development site (41%) sales. 

Disclaimer:

Neither CBRE nor its affiliated companies make any warranties or claims on the implied accuracy of the information contained herein.

About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves a diverse range of clients with an integrated suite of services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com. Please visit our website at www.cbre.com.

About CBRE Korea
CBRE Korea is a Korean affiliate of CBRE Group, established in 1999. Over 420 real estate experts are dedicated to offering the best and most informed real estate services to increase client asset value and returns, supported by unparalleled knowledge and experience in the domestic market and extensive global network. CBRE is committed to providing customized services as well as accurate analysis and insight on the real estate market.