2024 CCIM International Real Estate Conference successfully concluded as a venue for global real estate insight and cooperation

2024 CCIM International Real Estate Conference / Photo = CCIM Korean Association The ‘2024 CCIM International Real Estate Conference’ hosted by CCIM Korean Association was held on Monday, November 25 from 3:30 to 6:00 p.m. on the 5th floor of Grand InterContinental Seoul Parnas. It was held in the Rose Room. This conference was designed as an opportunity to discuss the latest trends and investment strategies in the global real estate market, share insights with domestic and foreign experts, and explore possibilities for cooperation between industries.

The conference was held as a session where CCIM experts from the United States, Japan, and Taiwan participated as speakers and introduced each country’s market trends and investment strategies.

D’Etta Casto-DeLeon (2024 CCIM Institute President, CBRE Houston Director) conducted an in-depth analysis of key trends in the U.S. commercial real estate market. He said, “The United States is actively reorganizing office space in response to high demand in the logistics and industrial sectors and the spread of hybrid work,” and “Changes in the global supply chain, increased demands for sustainability, and the introduction of artificial intelligence (AI) technology are driving the real estate market.” “We are providing new opportunities,” he emphasized. In addition, he evaluated, “Korea is emerging as an attractive market for global investors through strong technological innovation and sustainability.”

Keiichi Kojima (2026 CCIM Japan Chairman, K’S Signature Co., Ltd CEO) introduced the stability and investment attractiveness of the Japanese real estate market. He said, “The Japanese real estate market is evaluated as an attractive investment destination for global investors due to foreign ownership protection and stable rates of return.” In particular, “The cap rate (capitalization rate, capitalization rate) of class A office buildings, especially in Tokyo and Osaka, is high “It is stable at 3.2-3.9%, Osaka 3.4%, and logistics facilities and residential real estate also maintain high returns,” he said. In addition, he explained, “Demand for logistics facilities is increasing due to the expansion of e-commerce, and investment opportunities for short-term rental and lodging real estate are also expanding due to the recovery of the tourism industry.”

2024 CCIM International Conference presenters, top left D’Etta Casto-DeLeon (2024 CCIM Institute Chairman, CBRE Houston Director), top right John Pritchard (Cushman & Wakefield Director, Data Center Advisory Team), bottom left Keiichi Kojima (2026 CCIM Japan) Chairman, CEO of K’S Signature Co., Ltd), bottom right Jack Huang (Chairman of CCIM Taiwan 2017-2020, Representative of ERA TAIWAN Master Franchise) / Photo = CCIM Korea Association Jack Huang (Chairman of CCIM Taiwan 2017-2020, Representative of ERA TAIWAN Master Franchise) emphasized the unique structure and growth potential of Taiwan’s real estate market. “Taiwan has seen a significant increase in commercial real estate transactions despite slowing economic growth and changes in the international situation, and there are many investment opportunities, especially in areas such as the AI ​​industry, green buildings, and long-term care facilities,” he said. He added, “Taiwan is strengthening financial asset management to establish itself as an asset management hub in Asia.”

John Pritchard (Cushman & Wakefield Director, Data Center Advisory Team) presented on global trends in the data center market and the growth potential of the Korean market. He said, “While demand for the data center market is rapidly increasing globally due to digital transformation, expansion of 5G networks, and introduction of IoT and AI technologies, the Asia Pacific (APAC) region is experiencing growth due to factors such as population growth, GDP growth, expansion of middle-class consumption, and urbanization. “It is growing the fastest, and Korea is establishing itself as a major hub in the region,” he said. “Korea’s data center market is expected to record a CAGR of 8.43% between 2023 and 2029.” explained.

2024 CCIM International Real Estate Conference / Photo = CCIM Korea Association After the presentation, a Q&A session was held between attendees and speakers, and in-depth discussions took place. In the networking session that followed, active exchanges between industry players took place and it was an opportunity to explore new opportunities for cooperation.

This event was attended by about 20 members of Konkuk University’s Graduate School of Real Estate and Urban Finance Forum, as well as domestic and foreign commercial real estate industry experts, adding to its significance.

“This conference was an important opportunity to share the latest information on the global real estate market and discuss possibilities for cooperation between industries,” said Min Heung-sik, president of the CCIM Korea Association. “We look forward to creating new opportunities through continued exchange between members and industry experts.” “I do,” he said.

2024 CCIM International Real Estate Conference / Photo = CCIM Korea Association The ‘2024 CCIM International Real Estate Conference’ has become a venue to understand changes in the global real estate market and explore market strategies through cases from each country, while providing insights to attendees. It’s finished. CCIM Korea Association plans to continue to strengthen its global network and information exchange to provide more value to members as well as industry workers.

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