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April 2020 | Korean Governmental Policy For COVID-19 Crisis (English version)

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Korean Governmental Policy in Response to COVID-19

Insight & Recommendation

Government policies to overcome  economic uncertainty caused by COVID-19 have put strong focus on stabilizing the financial markets. Occupiers should develop strategies to monitor new policies and overcome the current crisis.

  • Tenants of government-owned offices should check for eligibility for rental relief.
  • Tenants are advised in all situations to seek more favorable rental terms while demand is suppressed.
  • We recommend landlords to develop a strategy for rent cuts, considering that more tenants are facing liquidity challenges.
  • Investors need to recognize, be patient, and adjust for potential financing difficulties, and delays in closing ongoing deals.



April 2020 | Korean Governmental Policy For COVID-19 Crisis (English version)

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As Managing Director of Colliers International, Rob is responsible for the strategic direction of the Korea business, to lead the growth and diversification initiatives and develop leadership talent. He oversees all service lines as well as shared services including investment sales, office leasing, project management, valuation and advisory, research, marketing and communications, human resources and finance.

Rob is also a member of the Colliers International Asia Leadership team.

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Judy Jang




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Judy has over 15 years of experience in real estate business and 6 years in IT industry. Prior to joining Colliers, she has served as a Head of Research for 7 years in Cushman & Wakefield Korea. She also had worked at Golden Bridge Property Management (Vanguarz Asset), Polaris HQ, LAN bird Technology Company, and Alibaba Korea.


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