Jongno / Gwanghwamun (CBD)'s tenant base is anchored by government, banking, professional services, conglomerate hqs.

• Tier: trophy.
• Tenant character: Seoul's historic corporate spine.
• Average rent: ₩130,000/pyeong/mo · ≈ $31.6 PSF/yr USD.

TL;DR

• Tier: trophy.
• Tenant character: Seoul's historic corporate spine.
• Average rent: ₩130,000/pyeong/mo · ≈ $31.6 PSF/yr USD.

Who clusters here

Government, banking, professional services, conglomerate HQs.

What that means for newcomers

Newcomers to Jongno / Gwanghwamun (CBD) should expect peer-tenant scrutiny: covenant strength, brand fit, and signage standards are watched closely. Lease-up product underwrites by anchor tenant; secondary tenants typically benefit from anchor halo.

Key facts

Frequently asked questions

What kind of tenants lease in Jongno / Gwanghwamun (CBD)?

Government, banking, professional services, conglomerate HQs.

Related

• Jongno / Gwanghwamun (CBD) — submarket overview
• Seoul — full city profile
• Seoul submarkets — all
• Jongno / Gwanghwamun (CBD) — Rents
• Jongno / Gwanghwamun (CBD) — Transit
• Jongno / Gwanghwamun (CBD) — Amenity
• Jongno / Gwanghwamun (CBD) — Buildings

Editorial provenance

Reviewed by Kenji Watanabe — APAC contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.

Primary sources for this page

• CBRE Marketview reports — CBRE
• JLL Office Insight — JLL
• Cushman & Wakefield Marketbeat — Cushman & Wakefield
• Savills World Research — Savills
• Colliers Global Office Outlook — Colliers

Full sources index · Submit a correction

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