Seoul’s commercial real estate market has experienced significant growth, with investment activity accelerating in recent months. According to a report released by CBRE Korea, a commercial real estate services firm, total commercial real estate investment volume in Korea for Q3 2024 reached approximately KRW 6.6 trillion, representing a 43% increase from the previous quarter. Against this backdrop, recent amendments to the Enforcement Decree of the Real Estate Investment Company Act (“Enforcement Decree”) introduce substantial regulatory changes aimed at enhancing compliance, expanding investment opportunities, and strengthening investor protections. These changes are expected to streamline operations for real estate investment companies (“REICs”) and ease regulatory burdens, particularly for foreign investors and stakeholders.