Financial Services - Global Outlook
- Language: English
- 191 Pages
- Published: January 2012
- Region: World
BMI is forecasting real GDP growth in South Korea at 4% for 2011, below the government’s target of 5%. However, the risks are now rising in relation to projections for South Korea’s economic growth due to lowering expectations for global growth. The debt issues in Europe may well cause a double dip recession in Europe and the US and this is added to the risk of a hard landing in China. South Korea is an export dependant economy whose local industries are also facing tougher competition.
The Bank of Korea has raised the key rate by a total of 75 basis points in 2011 to 3.25%, in an effort to curb inflation. The country’s industrial output registered its weakest growth in ten months in July 2011, coming in at 3.8% y-o-y from a revised 6.5% in June. The weaker showing was attributable to construction projects showing a 13.2% y-o-y contraction. South Korean construction companies are facing increasing liquidity shortages and several businesses have been forced into seeking court protection. Consequently, banks are losing confidence in construction firms' repayment ability and they appear to be tightening standards for construction-related lending. This could potentially
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Executive Summary
SWOT Analysis
South Korea Real Estate SWOT
South Korea Economic SWOT
South Korea Business Environment SWOT
Real Estate Market Overview
Real Estate Market Analysis
Table: South Korea’s Real Estate Market – Historic Rental Cost , 2010 And 2011 (m2/month, US$)
Table: South Korea’s Real Estate Market – Net Yields, 2011 And 2012 (%)
Table: South Korea’s Real Estate Market – Terms Of Rental Contract/Lease, Mid-2011
Table: South Korea’s Real Estate Market – Available And Vacant Space, Mid-2011 (m2, unless stated)
Industry Forecast Scenario
Real Estate Outlook
Table: South Korea’s Real Estate Market – Rentals, 2011-2012 (m²/month, US$)
Table: South Korea’s Real Estate Market – Forecast Net Yield, 2008-2015 (%)
Construction Industry Outlook
Table: South Korea Construction And Infrastructure Industry Data
Table: South Korea Construction And Infrastructure Industry Data
Construction And Infrastructure Forecast Scenario
Table: Games Boost Project Pipeline – Key Construction Projects For 2018 Winter Olympics
Macroeconomic Outlook
Table: South Korea - Economic Activity
Business Environment
Real Estate/Construction Business Environment Ratings
Table: Asia Real Estate/Construction Business Environment Ratings
South Korea’s RECBER
South Korea’s Business Environment
Table: BMI Business And Operation Risk Ratings
Institutions
Table: BMI Legal Framework Rating
Infrastructure
Table: Labour Force Quality
Market Orientation
Table: Asia, Annual Fdi Inflows
Table: Trade And Investment Ratings
Table: Top Export Destinations
Operational Risk
Competitive Landscape
Company Profiles
Golden Narae Real Estate Development Investment Trust
GS Engineering & Construction Corporation
KOCREF REIT 7
Samsung Engineering & Construction
SK Engineering & Construction
BMI Methodology
How We Generate Our Industry Forecasts
Construction Industry
Bank Lending
Real Estate/Construction Business Environment Rating
Table: Weighting Of Indicators
Project Finance Ratings Indicators
Table: Design And Construction Phase
Table: Commissioning And Operating Phase – Commercial Construction
Table: Commissioning And Operating Phase – Energy And Utilities
Table: Commissioning And Operating Phase – Transport
Sources
- Golden Narae Real Estate Development Investment Trust
- GS Engineering & Construction Corporation
- KOCREF REIT 7
- Samsung Engineering & Construction
- SK Engineering & Construction
| Format | Properties | |
|---|---|---|
| Electronic (PDF) | The report will be emailed to you. The report is sent in PDF format. | This is a single user license, allowing one specific user access to the product. |