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Seoul Office Market Decentralizing; Multinationals Take Advantage
Dr. Henry Chin, Head of Research for CBRE Asia Pacific comments, "Driven by lower operational costs and improving infrastructure, multinational companies--particularly those from technology, media and telecommunications, research and development, and gaming--are choosing to relocate to Seoul's emerging decentralization districts, rather than the three main business districts of CBD, GBD and YBD. Many companies have been taking advantage of government subsidies and incentives to move into newly formed districts."View More