Real estate company Remax announced on the 20th that it will hold the '41st Online Real Estate Investment Expo' live broadcast on Remax Korea's official YouTube channel on the 21st.

Remax plans to introduce ways to increase real estate value amid the polarization of the commercial real estate market at this expo.

Remax said, "According to the '2023 4th Quarter Domestic Commercial Real Estate Market Report' published by CBRE Korea, a global comprehensive real estate service company, the 'nominal rent' (rent without free rent, etc.) for Seoul offices in 2023 is on average compared to the same period last year. “8.8% rose,” he said. “Also, last year, Samsung SDS Tower (KRW 850 billion), Pangyo Alpha Dome Tower (KRW 728.4 billion), Concordian Building (KRW 629.2 billion), and Majesta City Tower 1 (KRW 520 billion) were traded at high prices. “I did,” he said.

In addition, a company official said, “The domestic commercial real estate market is showing polarization,” and “The real estate economy seems to have frozen, but the situation is different in the prime commercial real estate market.” He continued, “To increase real estate value in a polarized market, there are ways to improve the function of internal space or incorporate high-quality content,” and added, “In fact, there are cases where many prime offices have increased property value by utilizing exhibitions of indoor art works, etc. “There is,” he added.

At this expo, about 400 real estate experts from Remax affiliates plan to provide professional consulting to increase the value of buildings. We also plan to introduce real estate such as shopping malls, buildings, hotels, reconstruction, redevelopment, logistics, factories, land, and overseas real estate.

This expo will also introduce companies such as PSP F&D and Frank Burger that have signed business agreements with Remax.

Original link: Remax Korea holds the 41st Online Real Estate Investment Fair - Money Today (mt.co.kr)