[NewsSpace=Jack Moon] Concerns about an oversupply of logistics centers in the metropolitan area are easing. This is due to a significant decrease in new construction and a gradual filling of existing vacant spaces. However, rental rates have remained stagnant for the second consecutive year, as many logistics centers still struggle to secure tenants. According to RSQUARE Analytics (RA), a commercial real estate services company, the "2024 Second Half Metropolitan Area Logistics Center Market Report," released on the 12th, highlighted these findings. The report states that the new supply of lo
[News Space=Reporter seungwon lee] LS Group's US affiliate, Essex Solutions, is operating production lines at full capacity at its factories in Canada and Italy to respond to the rapidly increasing demand for special windings for transformers in North America and Europe. Special windings for transformers are seeing a surge in orders due to the recent increase in artificial intelligence (AI) data centers and the fact that approximately 70% of transformers in the U.S. are due for replacement. Driven by explosive orders, this business unit of Essex Solutions has recorded a compound annual growth
[News Space=Reporter seungwon lee] Is it because of the magic of CEO Young-Seop Kim, who is a strategist and financial expert? KT, which has been promoting AI transformation (AX) and strengthening shareholder returns, has broken through the 50,000 won barrier for the first time in 15 years. According to the Korea Exchange on the 19th, KT's stock price closed at 57,000 won, up 1,200 won (2.42%) from the previous day. This is the first time in about 15 years since February 1, 2010 (the intraday high of 51,200 won) that the stock price reached the 50,000 won range based on the closing price, foll
[News Space=Reporter seungwon lee] KAI (Korea Aerospace Industries, Ltd.) is partnering with 'Shield AI', which participated in the development of the US X-62 VISTA, and is moving forward with AI autonomous flight verification. On the 5th, KAI signed a contract to use 'Hivemind Enterprise (HME),' an AI-based autonomous flight software applied to Shield AI and unmanned aerial vehicles and drones. The contract was conducted between three parties, including Quantum Aero, the domestic supplier of Shield AI. Shield AI's HME, which recently signed a contract, is a software that builds, evaluates, an
[News Space=Reporter seungwon lee] On the 18th, Celltrion announced the 'Value Up Program (corporate value enhancement plan)' with the aim of increasing corporate value and maximizing shareholder returns in the mid- to long-term. Amid the ongoing undervaluation of domestic listed companies, Celltrion has established this program to inform the market of clear growth goals and to present a strong will and plan for shareholder returns. The Value-Up Program is structured around the following goals by 2027: ▲Sales growth (annual average sales growth of 30% or more) ▲Profitability improvement (Retur
[News Space=Reporter seungwon lee] Otoki Ramen Co., Ltd. won the 'Food' category at the 2025 Worldstar Awards selected by the World Packaging Organization. Otoki Ramen Co., Ltd. has introduced a 'Braille container' that displays external Braille and usage instructions on the ramen container, with the goal of ensuring information accessibility and the right to know for the socially vulnerable. It is the world's first Braille display method that utilizes printing and foaming technology, breaking away from the existing paper container embossing method, and reflecting consumer needs. In particular
[News Space=Reporter seungwon lee] Southeast Asian major airlines, including Singapore Airlines and Thai Airways, are causing controversy by indicating 'Dokdo' as 'Liancourt Rocks' on the map services they provide on their personal seat screens. The name 'Liancourt Rocks' is derived from the name of the French whaling ship that discovered Dokdo, 'Liancourt.' In particular, 'Liancourt Rocks' is a term that Japan is spreading in the international community with the intention of diluting Korea's sovereignty over Dokdo. Professor Seo Kyung-deok of Sungshin Women's University said, "We were able to
[News Space=Reporter seungwon lee] Dongkook Pharmaceutical (CEO Song Jun-ho) will hold a 'Mega Brand Sale' from March 17 to 31 at Dongkook Pharmaceutical's official mall DK SHOP to celebrate the derma cosmetic brand Centellian24 surpassing 1 trillion won in cumulative brand sales. In this DK SHOP Mega Brand Sale, you can find not only Centellian24 cosmetics, but also Dongkook Pharmaceutical's representative lifestyle and health products, such as leg beauty brand 'Sensian', comprehensive oral care brand 'Dentrix', and 'Good Jam', at discounts of up to 92%. During the sale period, you can check
[News Space=Reporter seungwon lee] Hazzys, a representative brand of lifestyle and culture company LF, has globally released a limited edition 'Happy Puppy World Puppy Edition' to celebrate International Puppy Day on March 23rd. This edition celebrates the 25th anniversary of the brand's launch, and replaces the existing brand symbol with embroidered puppies representing each country on the iconic collared T-shirt. The design reflects cute dogs representing major global countries such as Korea (Sapsaree), China (Chow Chow), England (Golden Retriever), and France (Bichon), further strengthening
[NewsSpace=Jack Moon] Seoul’s office vacancy rate has been rising for four consecutive quarters, driven largely by the significant supply of large-scale assets in the Magok Business District. According to the Q4 2024 Office Market Report published by R.A. (RSQUARE Analytics), a division of RSQUARE (CEO Yongkyun Lee), a leading commercial real estate services firm, the average office vacancy rate in Seoul for Q4 stood at 4.9%. This represents a 2.0%p increase from the previous quarter, continuing an upward trend for four consecutive quarters. By asset class, the increase in vacancies among prim