Jamsil Lotte World Tower Office 100% Leased Out

Over 100 Companies from Startups in IT and Platforms to Large Corporations Occupy Premises

[Asia Economy Reporter Jo In-kyung] The office space in Lotte World Tower, Jamsil, Seoul, has achieved 100% occupancy for the first time in four years since its opening in April 2017.

According to Lotte Property & Development on the 11th, a total of 17 domestic and international companies currently occupy the offices located on the 14th to 34th floors of Lotte World Tower. The tenant companies range from startups to leading large corporations in various fields such as fashion, pharmaceuticals, beauty, education, shipping, IT, recruitment, and platforms, utilizing the space in diverse formats such as hub offices and branch offices tailored to each company's individuality and characteristics.

The office achieved 100% occupancy last month when 'Woowa Brothers' became the final tenant to move in. Notably, 'Wanted Lab,' which provides AI-based recruitment services, became the first Lotte World Tower tenant to successfully list on KOSDAQ on the 11th.

About 90 companies have also settled in the shared offices 'Workplex,' located on the 30th floor of the tower and on Teheran-ro. The occupancy rate is approximately 90%, exceeding the average for the shared office market.

Kim Sang-cheon, head of the Lotte Property & Development Operations Division overseeing the tower office business, said, "We were able to achieve 100% office occupancy based on the interest of tenant companies and the tower's excellent location," adding, "We will continue to support the growth of tenant companies preparing for overseas expansion and business area expansion, including Wanted Lab's KOSDAQ listing and numerous startups preparing for subsequent listings."

This content was produced with the assistance of AI translation services.