As the season of cherry blossoms approaches in Seoul, the Songpa-gu district office is gearing up to host its annual cherry blossom festival at Seokchon Lake Park from Wednesday to Sunday. The park, which spans 2.6 kilometers, is filled with almost 1,100 cherry blossom trees. According to the district office of Songpa-gu, the lake has been around for 50 years, with cherry trees donated by Lotte which operates esta.
With financial market vulnerabilities in focus, commercial property is a pressure point that is causing the most concern. However, the pessimism pervading the US-centric view of commercial property need not apply to the Asia-Pacific, where the office market is more resilient.
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