Research and Markets(http://www.researchandmarkets.com/research/1bd466/south_korea_real_e) has announced the addition of the "South Korea Real Estate Report Q2 2012" report to their offering.

In late 2011, BMI conducted its latest round of interviews with in-country sources on the topic of South Korea's commercial real estate sector. The outlook is subdued for 2012, with our sources predicting very slow growth across the board. Indeed, concerns over South Korea's exposure to economic crises in the US and eurozone and a hard landing in China have been impacting exports from its vital manufacturing industry. Having said that, the internal situation may be balanced out by resilient consumer spending amid a strengthening employment market and planned fiscal spending by the government in areas such as infrastructure. The real estate industry, while containing hotspots with promising outlooks and potential for good returns on investment, is expected to spend 2012 in a rather undynamic mode, with little growth but little loss. The sector is marked by varying levels of maturity and may sometimes seem to display contradictory data; eg, a hefty supply of grade A office space in the Seoul central business district and high vacancy rates, but stable or increasing rents. In our view, the real estate industry is simply staying the path until the macroeconomic headwinds have passed, safe in the knowledge of its own solid - if not as exciting - long-term potential. Busan and Daegu are cities with very different stories to Seoul; they are both somewhat recovering after years of declining economies and waning traditional industries.

Key Risks

Ailing demand from Korea's largest export partners and a fragile global economic outlook in 2012 offer little comfort to the export-dependent economy.

Weakness in the residential building industry will remain a drag on overall construction industry growth.

Companies Mentioned:

Golden Narae Real Estate Development Investment Trust GS Engineering & Construction Corporation KOCREF REIT 7 Samsung C&T Engineering & Construction SK Engineering & Construction

For more information visit http://www.researchandmarkets.com/research/1bd466/south_korea_real_e