CBRE Korea Ranks First in Commercial Real Estate Investment Advisory Market Share
Investment Advisory Volume Reaches Approximately KRW 7 Trillion
Market Share Up 7 Percentage Points Year-on-Year
CBRE Korea, a global real estate services company, announced on March 17 that it has ranked first in the domestic commercial real estate investment advisory sector, as selected by MSCI Real Assets.
This year, CBRE Korea’s investment advisory transaction volume totaled 5.264 billion US dollars (approximately 7.8723 trillion won). The company recorded a market share of 25.8%, up 7.0 percentage points from the previous year’s 18.8%. The investment advisory transaction volume also increased by 118% compared to the previous year’s 2.415 billion US dollars (approximately 3.6116 trillion won).
By asset class, the logistics sector stood out with remarkable performance. CBRE Korea secured the top position in the logistics sector with a market share of 63.6%. In the office sector, which drives the domestic commercial real estate market, the company also maintained its lead with a 22.4% market share.
In the Asia-Pacific region, CBRE Korea achieved an investment advisory performance of 34.619 billion US dollars (approximately 51.7728 trillion won) through 1,068 transactions last year. This represents a 39.6% increase from the previous year. The company’s market share in the region was calculated at 34.7%. In the global market, CBRE Korea also ranked first with a market share of 24.5%.
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Choi Sunghyun, Executive Managing Director of Capital Markets at CBRE Korea, stated, “Maintaining our lead in the office sector and achieving a market share exceeding 63% in the logistics asset transaction sector demonstrates the differentiated expertise of CBRE Korea that is recognized by the market. We will continue to provide practical advisory services to help clients establish optimal investment strategies across a diverse range of assets, including hotels and data centers.”
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