Remax, a global real estate company with the industry's largest real estate network, will broadcast the '23rd Online Real Estate Investment Expo' live through the video conferencing service 'Zoom' at 10 am on the 17th.

Remax said, “In many cases overseas, people continue to work from home due to the pandemic, but in Korea, many people have returned to work,” adding, “The vacancy rate is decreasing and renting is becoming easier.” He added, “Due to ongoing housing market regulations, a lot of investment money from asset owners is flowing into the commercial market.”

According to the company, according to the RCA commercial real estate price index announced by Morgan Stanley Capital International (MSCI) on the 11th, the price of commercial real estate in Seoul rose by 11.4% in the first half of this year. Toronto, Canada, rose by 13.9%, ranking first, and Seoul ranked second. Also, according to statistics from the Korea Real Estate Board, the office rental price index among Seoul commercial real estate rose from 100 in the fourth quarter of last year to 100.07 in the first quarter of this year and 100.16 in the second quarter. The company said the vacancy rate decreased from 7.1% in the first quarter to 6.5% in the second quarter.

Remax said, “By reading these global trends, we plan to provide related consulting in line with the increasing demand for commercial real estate and overseas real estate at this expo.”

At this expo, about 400 real estate experts from Remax affiliates plan to analyze the location of real estate investment products such as shopping malls, buildings, reconstruction, redevelopment, logistics, factories, land, and overseas real estate. In addition, we plan to provide inspections and strategic consulting necessary for investment, such as analysis of the business conditions of the store, legal and tax analysis, and economic and real estate business trends.

Original link: https://news.mt.co.kr/mtview.php?no=2022081613463764238&type=1