{"id":46651,"date":"2026-02-19T09:56:48","date_gmt":"2026-02-19T09:56:48","guid":{"rendered":"https:\/\/www.globalresearch.co.kr\/insight\/commercial-real-estate-market-mordor\/"},"modified":"2026-09-25T09:56:29","modified_gmt":"2026-09-25T00:56:29","slug":"commercial-real-estate-market-mordor","status":"publish","type":"post","link":"https:\/\/www.globalresearch.co.kr\/insight\/commercial-real-estate-market-mordor\/","title":{"rendered":"\uc138\uacc4\uc758 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5 \uaddc\ubaa8 \ubc0f \uc810\uc720\uc728 \ubd84\uc11d &#8211; \uc131\uc7a5 \ub3d9\ud5a5 \ubc0f \uc804\ub9dd (2026-2031\ub144)"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/www.globalresearch.co.kr\/insight\/wp-content\/uploads\/2026\/02\/commercial-real-estate-market-1767811249978-major-players.webp\" alt=\"Chart\" class=\"aligncenter size-full\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.globalresearch.co.kr\/insight\/wp-content\/uploads\/2026\/02\/commercial-real-estate-market-size-image-1767808329204.webp\" alt=\"Chart\" class=\"aligncenter size-full\" \/><\/p>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-0\">1. \uc11c\ub860<\/p>\n<ul>\n<li class=\"toc-level-2\">1.1 \uc5f0\uad6c \uac00\uc815 \ubc0f \uc2dc\uc7a5 \uc815\uc758<\/li>\n<li class=\"toc-level-2\">1.2 \uc5f0\uad6c \ubc94\uc704<\/li>\n<\/ul>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-1\">2. \uc5f0\uad6c \ubc29\ubc95\ub860<\/p>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-2\">3. \uc694\uc57d<\/p>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-3\">4. \uc2dc\uc7a5 \ud1b5\ucc30\ub825 \ubc0f \uc5ed\ud559<\/p>\n<ul>\n<li class=\"toc-level-2\">4.1 \uc2dc\uc7a5 \uac1c\uc694<\/li>\n<li class=\"toc-level-2\">4.2 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uad6c\ub9e4 \ub3d9\ud5a5 &#8211; \uc0ac\ud68c\uacbd\uc81c \ubc0f \uc778\uad6c\ud1b5\uacc4\ud559\uc801 \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-2\">4.3 \uc784\ub300 \uc218\uc775\ub960 \ubd84\uc11d<\/li>\n<li class=\"toc-level-2\">4.4 \uc790\ubcf8 \uc2dc\uc7a5 \uce68\ud22c \ubc0f REIT \uc874\uc7ac<\/li>\n<li class=\"toc-level-2\">4.5 \uaddc\uc81c \uc804\ub9dd<\/li>\n<li class=\"toc-level-2\">4.6 \uae30\uc220 \uc804\ub9dd<\/li>\n<li class=\"toc-level-2\">4.7 \ud574\ub2f9 \ubd80\ubb38\uc5d0\uc11c \ud65c\ub3d9\ud558\ub294 \ubd80\ub3d9\uc0b0 \uae30\uc220 \ubc0f \uc2a4\ud0c0\ud2b8\uc5c5\uc5d0 \ub300\ud55c \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-2\">4.8 \uae30\uc874 \ubc0f \uc608\uc815 \ud504\ub85c\uc81d\ud2b8\uc5d0 \ub300\ud55c \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-2\">4.9 \uc2dc\uc7a5 \ub3d9\uc778\n<ul>\n<li class=\"toc-level-3\">4.9.1 \uc634\ub2c8\ucc44\ub110 \uc18c\ub9e4\uc5c5\uc758 \ubb3c\ub958 \uc8fc\ub3c4 \uc218\uc694 \uae09\uc99d<\/li>\n<li class=\"toc-level-3\">4.9.2 \uc8fc\uc694 CBD \uc624\ud53c\uc2a4\uc758 \uace0\uae09\ud654 \uc804\ud658<\/li>\n<li class=\"toc-level-3\">4.9.3 \uad6d\ubd80\ud380\ub4dc \ubc0f \uc5f0\uae30\uae08\uc758 \uc218\uc775 \ucc3d\ucd9c\ud615 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc804\ud658<\/li>\n<li class=\"toc-level-3\">4.9.4 \ucd08\uace0\uce35 \ubc0f \uc5e3\uc9c0 \ub370\uc774\ud130\uc13c\ud130 \ucea0\ud37c\uc2a4 \uc2e0\uc18d \uad6c\ucd95<\/li>\n<li class=\"toc-level-3\">4.9.5 \ub300\uc911\uad50\ud1b5 \uc9c0\ud5a5\ud615 \uc7ac\uad6c\uc5ed\ud654\ub85c \ubcf5\ud569 \uc6a9\ub3c4 \ud1a0\uc9c0 \uac00\uce58 \uc0c1\uc2b9<\/li>\n<li class=\"toc-level-3\">4.9.6 \uc0dd\uc131\ud615 AI \uae30\ubc18 \ubd80\uc9c0 \uc120\uc815\uc73c\ub85c 2\ucc28 \uc2dc\uc7a5 \ud65c\uc131\ud654<\/li>\n<\/ul>\n<\/li>\n<li class=\"toc-level-2\">4.10 \uc2dc\uc7a5 \uc81c\uc57d\n<ul>\n<li class=\"toc-level-3\">4.10.1 \uc9c0\uc18d\uc801\uc778 \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34\ub85c \uc778\ud55c \uae00\ub85c\ubc8c \uc624\ud53c\uc2a4 \ud761\uc218\uc728 \uc800\ud558<\/li>\n<li class=\"toc-level-3\">4.10.2 \uac74\uc124 \uc790\uc7ac \ubc0f \uae08\uc735 \ube44\uc6a9 \uc778\ud50c\ub808\uc774\uc158\uc73c\ub85c \uc218\uc775\ub960 \uc555\ubc15<\/li>\n<li class=\"toc-level-3\">4.10.3 ESG \uc8fc\ub3c4\ud615 \ub178\ud6c4 \uc790\uc0b0\uc758 \uc9c4\ubd80\ud654 \uc704\ud5d8<\/li>\n<li class=\"toc-level-3\">4.10.4 \ud574\uc548 \ub300\ub3c4\uc2dc\uc758 \uae30\ud6c4 \ubcf4\ud5d8\ub8cc \uc778\uc0c1<\/li>\n<\/ul>\n<\/li>\n<li class=\"toc-level-2\">4.11 \uac00\uce58 \/ \uacf5\uae09\ub9dd \ubd84\uc11d\n<ul>\n<li class=\"toc-level-3\">4.11.1 \uac1c\uc694<\/li>\n<li class=\"toc-level-3\">4.11.2 \ubd80\ub3d9\uc0b0 \uac1c\ubc1c\uc5c5\uccb4 \ubc0f \uac74\uc124\uc5c5\uccb4 &#8211; \uc8fc\uc694 \uc815\ub7c9\uc801 \ubc0f \uc815\uc131\uc801 \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-3\">4.11.3 \ubd80\ub3d9\uc0b0 \uc911\uac1c\uc778 \ubc0f \uc5d0\uc774\uc804\ud2b8 &#8211; \uc8fc\uc694 \uc815\ub7c9\uc801 \ubc0f \uc815\uc131\uc801 \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-3\">4.11.4 \uc790\uc0b0 \uad00\ub9ac \ud68c\uc0ac &#8211; \uc8fc\uc694 \uc815\ub7c9\uc801 \ubc0f \uc815\uc131\uc801 \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-3\">4.11.5 \uac00\uce58 \ud3c9\uac00 \uc790\ubb38 \ubc0f \uae30\ud0c0 \ubd80\ub3d9\uc0b0 \uc11c\ube44\uc2a4\uc5d0 \ub300\ud55c \ud1b5\ucc30\ub825<\/li>\n<li class=\"toc-level-3\">4.11.6 \uac74\ucd95 \uc790\uc7ac \uc0b0\uc5c5 \ud604\ud669 \ubc0f \uc8fc\uc694 \uac1c\ubc1c\uc5c5\uccb4\uc640\uc758 \ud30c\ud2b8\ub108\uc2ed<\/li>\n<li class=\"toc-level-3\">4.11.7 \uc2dc\uc7a5\uc758 \uc8fc\uc694 \uc804\ub7b5\uc801 \ubd80\ub3d9\uc0b0 \ud22c\uc790\uc790\/\uad6c\ub9e4\uc790\uc5d0 \ub300\ud55c \ud1b5\ucc30\ub825<\/li>\n<\/ul>\n<\/li>\n<li class=\"toc-level-2\">4.12 \ud3ec\ud130\uc758 5\uac00\uc9c0 \uacbd\uc7c1 \uc694\uc778\n<ul>\n<li class=\"toc-level-3\">4.12.1 \uc2e0\uaddc \uc9c4\uc785\uc790\uc758 \uc704\ud611<\/li>\n<li class=\"toc-level-3\">4.12.2 \uad6c\ub9e4\uc790\uc758 \uad50\uc12d\ub825<\/li>\n<li class=\"toc-level-3\">4.12.3 \uacf5\uae09\uc790\uc758 \uad50\uc12d\ub825<\/li>\n<li class=\"toc-level-3\">4.12.4 \ub300\uccb4\uc7ac\uc758 \uc704\ud611<\/li>\n<li class=\"toc-level-3\">4.12.5 \uacbd\uc7c1 \uac15\ub3c4<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-4\">5. \uc2dc\uc7a5 \uaddc\ubaa8 \ubc0f \uc131\uc7a5 \uc608\uce21 (\uac00\uce58, USD)<\/p>\n<ul>\n<li class=\"toc-level-2\">5.1 \ud310\ub9e4<\/li>\n<li class=\"toc-level-2\">5.2 \uc784\ub300<\/li>\n<\/ul>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-5\">6. \ud310\ub9e4 \ubaa8\ub378 \uc2dc\uc7a5 \uaddc\ubaa8 \ubc0f \uc131\uc7a5 \uc608\uce21, \uac00\uce58 (USD)<\/p>\n<ul>\n<li class=\"toc-level-2\">6.1 \uc790\uc0b0 \uc720\ud615\ubcc4\n<ul>\n<li class=\"toc-level-3\">6.1.1 \uc0ac\ubb34\uc2e4<\/li>\n<li class=\"toc-level-3\">6.1.2 \uc18c\ub9e4<\/li>\n<li class=\"toc-level-3\">6.1.3 \ubb3c\ub958<\/li>\n<li class=\"toc-level-3\">6.1.4 \uae30\ud0c0 (\uc0b0\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0, \uc219\ubc15\uc6a9 \ubd80\ub3d9\uc0b0 \ub4f1)<\/li>\n<\/ul>\n<\/li>\n<li class=\"toc-level-2\">6.2 \ucd5c\uc885 \uc0ac\uc6a9\uc790\ubcc4\n<ul>\n<li class=\"toc-level-3\">6.2.1 \uac1c\uc778 \/ \uac00\uad6c<\/li>\n<li class=\"toc-level-3\">6.2.2 \uae30\uc5c5 &amp; \uc911\uc18c\uae30\uc5c5<\/li>\n<li class=\"toc-level-3\">6.2.3 \uae30\ud0c0<\/li>\n<\/ul>\n<\/li>\n<li class=\"toc-level-2\">6.3 \uc9c0\uc5ed\ubcc4\n<ul>\n<li class=\"toc-level-3\">6.3.1 \ubd81\ubbf8<\/li>\n<li class=\"toc-level-4\">6.3.1.1 \ubbf8\uad6d<\/li>\n<li class=\"toc-level-4\">6.3.1.2 \uce90\ub098\ub2e4<\/li>\n<li class=\"toc-level-4\">6.3.1.3 \uba55\uc2dc\ucf54<\/li>\n<li class=\"toc-level-3\">6.3.2 \ub0a8\ubbf8<\/li>\n<li class=\"toc-level-4\">6.3.2.1 \ube0c\ub77c\uc9c8<\/li>\n<li class=\"toc-level-4\">6.3.2.2 \uc544\ub974\ud5e8\ud2f0\ub098<\/li>\n<li class=\"toc-level-4\">6.3.2.3 \uce60\ub808<\/li>\n<li class=\"toc-level-4\">6.3.2.4 \ub0a8\ubbf8 \uae30\ud0c0 \uc9c0\uc5ed<\/li>\n<li class=\"toc-level-3\">6.3.3 \uc720\ub7fd<\/li>\n<li class=\"toc-level-4\">6.3.3.1 \ub3c5\uc77c<\/li>\n<li class=\"toc-level-4\">6.3.3.2 \uc601\uad6d<\/li>\n<li class=\"toc-level-4\">6.3.3.3 \ud504\ub791\uc2a4<\/li>\n<li class=\"toc-level-4\">6.3.3.4 \uc774\ud0c8\ub9ac\uc544<\/li>\n<li class=\"toc-level-4\">6.3.3.5 \uc2a4\ud398\uc778<\/li>\n<li class=\"toc-level-4\">6.3.3.6 \uc720\ub7fd \uae30\ud0c0 \uc9c0\uc5ed<\/li>\n<li class=\"toc-level-3\">6.3.4 \uc544\uc2dc\uc544 &#8211; \ud0dc\ud3c9\uc591<\/li>\n<li class=\"toc-level-4\">6.3.4.1 \uc911\uad6d<\/li>\n<li class=\"toc-level-4\">6.3.4.2 \uc778\ub3c4<\/li>\n<li class=\"toc-level-4\">6.3.4.3 \uc77c\ubcf8<\/li>\n<li class=\"toc-level-4\">6.3.4.4 \ub300\ud55c\ubbfc\uad6d<\/li>\n<li class=\"toc-level-4\">6.3.4.5 \ud638\uc8fc<\/li>\n<li class=\"toc-level-4\">6.3.4.6 \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591 \uae30\ud0c0 \uc9c0\uc5ed<\/li>\n<li class=\"toc-level-3\">6.3.5 \uc911\ub3d9 \ubc0f \uc544\ud504\ub9ac\uce74<\/li>\n<li class=\"toc-level-4\">6.3.5.1 \uc544\ub78d\uc5d0\ubbf8\ub9ac\ud2b8<\/li>\n<li class=\"toc-level-4\">6.3.5.2 \uc0ac\uc6b0\ub514\uc544\ub77c\ube44\uc544<\/li>\n<li class=\"toc-level-4\">6.3.5.3 \ub0a8\uc544\ud504\ub9ac\uce74<\/li>\n<li class=\"toc-level-4\">6.3.5.4 \ub098\uc774\uc9c0\ub9ac\uc544<\/li>\n<li class=\"toc-level-4\">6.3.5.5 \uc911\ub3d9 \ubc0f \uc544\ud504\ub9ac\uce74 \uae30\ud0c0 \uc9c0\uc5ed<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-6\">7. \uacbd\uc7c1 \ud658\uacbd<\/p>\n<ul>\n<li class=\"toc-level-2\">7.1 \uc2dc\uc7a5 \uc9d1\uc911\ub3c4<\/li>\n<li class=\"toc-level-2\">7.2 \uc804\ub7b5\uc801 \uc6c0\uc9c1\uc784<\/li>\n<li class=\"toc-level-2\">7.3 \uc2dc\uc7a5 \uc810\uc720\uc728 \ubd84\uc11d<\/li>\n<li class=\"toc-level-2\">7.4 \uae30\uc5c5 \ud504\ub85c\ud544 {(\uae00\ub85c\ubc8c \uac1c\uc694, \uc2dc\uc7a5 \uac1c\uc694, \ud575\uc2ec \ubd80\ubb38, \uac00\uc6a9 \uc7ac\ubb34 \uc815\ubcf4, \uc804\ub7b5 \uc815\ubcf4, \uc8fc\uc694 \uae30\uc5c5 \uc2dc\uc7a5 \uc21c\uc704\/\uc810\uc720\uc728, \uc81c\ud488 &amp; \uc11c\ube44\uc2a4, \ucd5c\uadfc \uac1c\ubc1c \ud3ec\ud568)}\n<ul>\n<li class=\"toc-level-3\">7.4.1 CBRE<\/li>\n<li class=\"toc-level-3\">7.4.2 JLL (Jones Lang LaSalle)<\/li>\n<li class=\"toc-level-3\">7.4.3 Cushman &amp; Wakefield<\/li>\n<li class=\"toc-level-3\">7.4.4 Colliers<\/li>\n<li class=\"toc-level-3\">7.4.5 Savills<\/li>\n<li class=\"toc-level-3\">7.4.6 Newmark<\/li>\n<li class=\"toc-level-3\">7.4.7 Knight Frank<\/li>\n<li class=\"toc-level-3\">7.4.8 Eastdil Secured<\/li>\n<li class=\"toc-level-3\">7.4.9 Prologis<\/li>\n<li class=\"toc-level-3\">7.4.10 GLP<\/li>\n<li class=\"toc-level-3\">7.4.11 Goodman Group<\/li>\n<li class=\"toc-level-3\">7.4.12 Simon Property Group<\/li>\n<li class=\"toc-level-3\">7.4.13 Unibail-Rodamco-Westfield<\/li>\n<li class=\"toc-level-3\">7.4.14 Brookfield Asset Management (Real Estate)<\/li>\n<li class=\"toc-level-3\">7.4.15 Blackstone Real Estate<\/li>\n<li class=\"toc-level-3\">7.4.16 Hines<\/li>\n<li class=\"toc-level-3\">7.4.17 Vornado Realty Trust<\/li>\n<li class=\"toc-level-3\">7.4.18 Boston Properties<\/li>\n<li class=\"toc-level-3\">7.4.19 Mitsubishi Estate<\/li>\n<li class=\"toc-level-3\">7.4.20 CapitaLand<\/li>\n<li class=\"toc-level-3\">7.4.21 Keppel Land<\/li>\n<li class=\"toc-level-3\">7.4.22 Link REIT<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p class=\"toc-level-1 toc-content-heading\" id=\"toc-content-heading-7\">8. \uc2dc\uc7a5 \uae30\ud68c &amp; \ubbf8\ub798 \uc804\ub9dd<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5 \uac1c\uc694: \uc131\uc7a5 \ub3d9\ud5a5 \ubc0f \uc608\uce21 (2026-2031)<\/p>\n<p>Mordor Intelligence\uc758 \ubd84\uc11d\uc5d0 \ub530\ub974\uba74, \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc740 2026\ub144 6\uc870 3,452\uc5b5 \ub2ec\ub7ec\uc5d0\uc11c 2031\ub144 8\uc870 4,833\uc5b5 \ub2ec\ub7ec\ub85c \uc131\uc7a5\ud558\uc5ec \uc5f0\ud3c9\uade0 \uc131\uc7a5\ub960(CAGR) 5.98%\ub97c \uae30\ub85d\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub429\ub2c8\ub2e4. \uc774 \ubcf4\uace0\uc11c\ub294 \ubd80\ub3d9\uc0b0 \uc720\ud615(\uc0ac\ubb34\uc2e4, \uc18c\ub9e4, \ubb3c\ub958 \ub4f1), \ube44\uc988\ub2c8\uc2a4 \ubaa8\ub378(\ud310\ub9e4, \uc784\ub300), \ucd5c\uc885 \uc0ac\uc6a9\uc790(\uac1c\uc778\/\uac00\uad6c, \uae30\uc5c5 \ubc0f \uc911\uc18c\uae30\uc5c5 \ub4f1) \ubc0f \uc9c0\uc5ed(\ubd81\ubbf8, \ub0a8\ubbf8, \uc720\ub7fd, \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591, \uc911\ub3d9 \ubc0f \uc544\ud504\ub9ac\uce74)\ubcc4\ub85c \uc2dc\uc7a5\uc744 \uc138\ubd84\ud654\ud558\uc5ec \ubd84\uc11d\ud569\ub2c8\ub2e4.<\/p>\n<p>1. \uc8fc\uc694 \uc2dc\uc7a5 \uac1c\uc694<\/p>\n<p>*   \uc5f0\uad6c \uae30\uac04: 2020 &#8211; 2031\ub144<br \/>\n*   2026\ub144 \uc2dc\uc7a5 \uaddc\ubaa8: 6\uc870 3,500\uc5b5 \ub2ec\ub7ec<br \/>\n*   2031\ub144 \uc2dc\uc7a5 \uaddc\ubaa8: 8\uc870 4,800\uc5b5 \ub2ec\ub7ec<br \/>\n*   \uc131\uc7a5\ub960 (2026 &#8211; 2031): 5.98% CAGR<br \/>\n*   \uac00\uc7a5 \ube60\ub974\uac8c \uc131\uc7a5\ud558\ub294 \uc2dc\uc7a5: \ub0a8\ubbf8<br \/>\n*   \uac00\uc7a5 \ud070 \uc2dc\uc7a5: \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591<br \/>\n*   \uc2dc\uc7a5 \uc9d1\uc911\ub3c4: \uc911\uac04<br \/>\n*   \uc8fc\uc694 \ud50c\ub808\uc774\uc5b4: CBRE, JLL (Jones Lang LaSalle), Cushman &#038; Wakefield, Colliers, Savills (\uc21c\uc11c \ubb34\uad00)<\/p>\n<p>2. \uc2dc\uc7a5 \ubd84\uc11d \ubc0f \uc8fc\uc694 \ud1b5\ucc30\ub825<\/p>\n<p>\uc8fc\uad8c \uad6d\ubd80 \ud380\ub4dc\uc640 \uc5f0\uae30\uae08\uc758 \uc18c\ub4dd \ucc3d\ucd9c \ubd80\ub3d9\uc0b0\uc73c\ub85c\uc758 \uc790\ubcf8 \uc7ac\ubc30\ubd84, \ub514\uc9c0\ud138\ud654\ub85c \uc778\ud55c \ub370\uc774\ud130 \uc13c\ud130, \ubb3c\ub958 \ubc0f \ub77c\uc2a4\ud2b8\ub9c8\uc77c \uc2dc\uc124 \uc218\uc694 \uc99d\uac00\uac00 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc758 \uafb8\uc900\ud55c \ud655\uc7a5\uc744 \uacac\uc778\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34\uc758 \uc548\uc815\ud654\ub294 \uc0ac\ubb34\uc2e4 \uacf5\uc2e4\ub960\uc744 \ub192\uac8c \uc720\uc9c0\ud558\uba70, \uc2dc\uc7a5 \ub0b4 &#8216;\ud488\uc9c8\ub85c\uc758 \ube44\ud589(flight to quality)&#8217; \ud604\uc0c1\uc744 \uac15\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uac74\uc124 \ubc0f \ubcf4\ud5d8 \ube44\uc6a9 \uc0c1\uc2b9\uc740 \uc2e0\uaddc \uac74\uc124 \ubc0f \ub300\uaddc\ubaa8 \ub9ac\ubaa8\ub378\ub9c1\uc758 \uc218\uc775\ub960\uc744 \uc555\ubc15\ud558\uba70, \uc2dc\uc7a5 \ub0b4 \uc2b9\uc790\uc640 \ubd80\uc9c4 \uae30\uc5c5\uc744 \ub354\uc6b1 \uc138\ubd84\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>\uc8fc\uc694 \ubcf4\uace0\uc11c \uc694\uc57d:<\/p>\n<p>*   \ubd80\ub3d9\uc0b0 \uc720\ud615\ubcc4: 2025\ub144 \uc0ac\ubb34\uc2e4\uc774 35%\uc758 \uc2dc\uc7a5 \uc810\uc720\uc728\uc744 \ucc28\uc9c0\ud588\uc73c\ub098, \ubb3c\ub958 \ubc0f \uc0b0\uc5c5 \ubd80\ubb38\uc740 2031\ub144\uae4c\uc9c0 6.32%\uc758 CAGR\ub85c \uac00\uc7a5 \ube60\ub974\uac8c \uc131\uc7a5\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4.<br \/>\n*   \ube44\uc988\ub2c8\uc2a4 \ubaa8\ub378\ubcc4: 2025\ub144 \ud310\ub9e4 \ubaa8\ub378\uc774 69%\uc758 \uc810\uc720\uc728\uc744 \uae30\ub85d\ud588\uc73c\uba70, \uc784\ub300 \uc218\uc775\uc740 2031\ub144\uae4c\uc9c0 6.49%\uc758 CAGR\ub85c \uc131\uc7a5\ud560 \uac83\uc73c\ub85c \uc804\ub9dd\ub429\ub2c8\ub2e4.<br \/>\n*   \ucd5c\uc885 \uc0ac\uc6a9\uc790\ubcc4: 2025\ub144 \uae30\uc5c5 \ubc0f \uc911\uc18c\uae30\uc5c5\uc774 61%\uc758 \uc810\uc720\uc728\uc744 \ucc28\uc9c0\ud588\uc73c\uba70, 2031\ub144\uae4c\uc9c0 6.28%\uc758 CAGR\ub85c \uc131\uc7a5\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4.<br \/>\n*   \uc9c0\uc5ed\ubcc4: 2025\ub144 \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591 \uc9c0\uc5ed\uc774 33%\uc758 \uc2dc\uc7a5 \uc810\uc720\uc728\ub85c \uac00\uc7a5 \ud070 \uc2dc\uc7a5\uc774\uc5c8\uc73c\uba70, \ub0a8\ubbf8\ub294 2031\ub144\uae4c\uc9c0 6.46%\ub85c \uac00\uc7a5 \ube60\ub978 \uc131\uc7a5\ub960\uc744 \uae30\ub85d\ud560 \uac83\uc73c\ub85c \uc608\uce21\ub429\ub2c8\ub2e4.<\/p>\n<p>*(\ucc38\uace0: \ubcf8 \ubcf4\uace0\uc11c\uc758 \uc2dc\uc7a5 \uaddc\ubaa8 \ubc0f \uc608\uce21 \uc218\uce58\ub294 Mordor Intelligence\uc758 \ub3c5\uc810\uc801\uc778 \ucd94\uc815 \ud504\ub808\uc784\uc6cc\ud06c\ub97c \uc0ac\uc6a9\ud558\uc5ec \uc0dd\uc131\ub418\uc5c8\uc73c\uba70, 2026\ub144 1\uc6d4 \uae30\uc900 \ucd5c\uc2e0 \ub370\uc774\ud130 \ubc0f \ud1b5\ucc30\ub825\uc73c\ub85c \uc5c5\ub370\uc774\ud2b8\ub418\uc5c8\uc2b5\ub2c8\ub2e4.)*<\/p>\n<p>3. \uae00\ub85c\ubc8c \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5 \ub3d9\ud5a5 \ubc0f \ud1b5\ucc30\ub825<\/p>\n<p>3.1. \uc8fc\uc694 \uc131\uc7a5 \ub3d9\ub825 (Drivers)<\/p>\n<p>1.  \uc8fc\uad8c \uad6d\ubd80 \ud380\ub4dc \ubc0f \uc5f0\uae30\uae08\uc758 \uc18c\ub4dd \ucc3d\ucd9c \ubd80\ub3d9\uc0b0 \ud22c\uc790 \uc804\ud658: \uc8fc\uad8c \ud22c\uc790\uc790 \ubc0f \uc5f0\uae30\uae08\uc740 \ubb3c\ub958, \ub2e4\uac00\uad6c \uc8fc\ud0dd, \ub514\uc9c0\ud138 \uc778\ud504\ub77c \ub4f1 \uc18c\ub4dd \ucc3d\ucd9c\ud615 \ubd80\ub3d9\uc0b0\uc5d0 \ub300\ud55c \ud22c\uc790\ub97c \ub298\ub824 \ud575\uc2ec \ubd80\ubb38\uc758 \uc720\ub3d9\uc131\uc744 \uac15\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ud2b9\ud788 \uac78\ud504 \uc9c0\uc5ed \uc8fc\uad8c \ud22c\uc790\uc790\ub4e4\uacfc \ubd81\ubbf8 \ubc0f \ubd81\uc720\ub7fd \uc5f0\uae30\uae08\uc740 \uc7a5\uae30 \uc784\ub300 \uc790\uc0b0\uc744 \uc120\ud638\ud558\uba70, \ubbf8\uad6d\uc740 \ub514\uc9c0\ud138 \uc778\ud504\ub77c \ubc0f AI \uad00\ub828 \uc790\uc0b0\uc5d0 \ub300\ud55c \ud22c\uc790\ub97c \ub300\uac70 \uc720\uce58\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc7a5\uae30\uc801\uc73c\ub85c \uc784\ub300 \uc911\uc2ec \uc804\ub7b5\uc5d0 \ub300\ud55c \uc790\uae08 \uc870\ub2ec\uc744 \uc9c0\uc6d0\ud560 \uac83\uc785\ub2c8\ub2e4.<br \/>\n2.  \uc634\ub2c8\ucc44\ub110 \uc18c\ub9e4\uc5c5\uc73c\ub85c \uc778\ud55c \ubb3c\ub958 \uc218\uc694 \uae09\uc99d: \uc18c\ub9e4\uc5c5\uccb4\ub4e4\uc758 \uc634\ub2c8\ucc44\ub110 \uc774\ud589\uc73c\ub85c\uc758 \uc804\ud658\uc740 \ud604\ub300\uc2dd \ubb3c\ub958 \uc790\uc0b0\uc758 \uac00\uce58\ub97c \ub192\uc774\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc628\ub77c\uc778 \ud310\ub9e4\uc561\ub2f9 \ud544\uc694\ud55c \ucc3d\uace0 \uacf5\uac04\uc774 \ub9e4\uc7a5 \uae30\ubc18 \ucc44\ub110\ubcf4\ub2e4 \uc57d 3\ubc30 \ub9ce\uc544 \uc8fc\uc694 \ud68c\ub791\uc758 \ud604\ub300\uc2dd \uc720\ud1b5 \ud5c8\ube0c \uc218\uc694\uac00 \uc99d\uac00\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc18c\ub9e4\uc5c5\uccb4\ub4e4\uc740 \ud3b8\uc758\uc131\uacfc \ud604\uc9c0 \uc7ac\uace0\ub97c \uac15\uc870\ud558\uba70 \ub9e4\uc7a5 \ub124\ud2b8\uc6cc\ud06c\ub97c \ud074\ub9ad \uc564 \ucf5c\ub809\ud2b8 \ubc0f \ub9e4\uc7a5 \ucd9c\ud558 \ud65c\ub3d9\uc758 \ud5c8\ube0c\ub85c \ud65c\uc6a9\ud558\uace0 \uc788\uc5b4 \ub77c\uc2a4\ud2b8\ub9c8\uc77c \uc218\uc694\uac00 \uac15\ud654\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc804\uc790\uc0c1\uac70\ub798 \uc911\uc2ec \ubb3c\ub958\uc758 \uc131\uc7a5\uc744 \ud1b5\ud569\ud558\uace0 \uc804\ub825, HVAC, \uc790\ub3d9\ud654 \uc900\ube44 \uc124\uacc4\uc5d0 \ub300\ud55c \uc694\uad6c \uc0ac\ud56d\uc744 \ub192\uc774\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br \/>\n3.  \ud558\uc774\ud37c\uc2a4\ucf00\uc77c \ubc0f \uc5e3\uc9c0 \ub370\uc774\ud130 \uc13c\ud130 \ucea0\ud37c\uc2a4 \uc2e0\uc18d \uad6c\ucd95: AI \ud6c8\ub828 \ubc0f \ucd94\ub860 \uc6cc\ud06c\ub85c\ub4dc\ub85c \uc778\ud574 \ub370\uc774\ud130 \uc13c\ud130\ub294 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc758 \ud575\uc2ec \uc131\uc7a5 \ub3d9\ub825\uc774 \ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ub300\uaddc\ubaa8 \uc6b4\uc601\uc5c5\uccb4\ub4e4\uc740 \uae30\ub85d\uc801\uc778 \uc790\ubcf8 \uc9c0\ucd9c\uacfc \uba40\ud2f0 \uae30\uac00\uc640\ud2b8 \ucea0\ud37c\uc2a4\ub97c \uacc4\ud68d\ud558\uace0 \uc788\uc73c\uba70, \ud2b9\ud788 \ubbf8\uad6d\uc5d0\uc11c\ub294 2030\ub144\uae4c\uc9c0 \ud558\uc774\ud37c\uc2a4\ucf00\uc77c \uc218\uc694\uac00 \uc138 \ubc30 \uc774\uc0c1 \uc99d\uac00\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc804\ub825 \uac00\uc6a9\uc131 \ubc0f \uc0c1\ud638 \uc5f0\uacb0 \uc2dc\uae30\uac00 \ubd80\uc9c0 \uc120\uc815\uc5d0 \uc911\uc694\ud55c \uc601\ud5a5\uc744 \ubbf8\uce58\uba70, \uac1c\ubc1c\uc5c5\uccb4\ub4e4\uc740 \uadf8\ub9ac\ub4dc \uc81c\uc57d\uc774 \uc788\uc744 \uacbd\uc6b0 \uc790\uccb4 \ubc1c\uc804 \ubc0f \uc0ac\uc124 \uc804\ub825 \uc7ac\uc0dd \uc5d0\ub108\uc9c0\ub85c \uc804\ud658\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br \/>\n4.  \ud504\ub77c\uc784 CBD \uc624\ud53c\uc2a4\uc758 &#8216;\ud488\uc9c8\ub85c\uc758 \ube44\ud589&#8217; \uc5c5\uadf8\ub808\uc774\ub4dc: \uc784\ucc28\uc778 \uc218\uc694\ub294 \ud3b8\uc758 \uc2dc\uc124\uc774 \ud48d\ubd80\ud558\uace0 \uc5d0\ub108\uc9c0 \ud6a8\uc728\uc801\uc774\uba70 \uad50\ud1b5 \uc811\uadfc\uc131\uc774 \uc88b\uc740 \uac74\ubb3c\uc5d0 \uc9d1\uc911\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 \uc911\ubc18 \uc8fc\uc694 \ubbf8\uad6d \uc2dc\uc7a5\uc758 \ucd5c\uace0\uae09 \uc790\uc0b0\uc740 \ud32c\ub370\ubbf9 \uc774\uc804 \uc218\uc900\uc758 \uc57d 90%\uc5d0 \ub2ec\ud558\ub294 \ud53c\ud06c \ub370\uc774 \ud65c\uc6a9\ub960\uc744 \uae30\ub85d\ud55c \ubc18\uba74, \uc800\ud488\uc9c8 \uac74\ubb3c\uc5d0\uc11c\ub294 \uacf5\uc2e4\ub960\uc774 \ub192\uac8c \ub098\ud0c0\ub0ac\uc2b5\ub2c8\ub2e4. \ub274\uc695\uc2dc\uc758 Local Law 97\uacfc \uac19\uc740 ESG \uaddc\uc81c\ub294 \uc624\ub798\ub41c \ube44\uc900\uc218 \uac74\ubb3c\uc5d0 \ub300\ud55c \ube44\uc6a9\uc744 \uc99d\uac00\uc2dc\ud0a4\uace0 \ud6a8\uc728\uc801\uc778 \uc800\ud0c4\uc18c \uac74\ubb3c\uc5d0 \ubcf4\uc0c1\uc744 \uc81c\uacf5\ud558\uc5ec, \uc784\ucc28\uc778\ub4e4\uc774 \uacf5\uac04\ubcf4\ub2e4 \ud488\uc9c8\uc744 \uc6b0\uc120\uc2dc\ud558\uace0 \ud604\ub300\uc801\uc778 \uae30\ub2a5\uc5d0 \ud504\ub9ac\ubbf8\uc5c4\uc744 \uc9c0\ubd88\ud558\ub294 \uacbd\ud5a5\uc744 \uac15\ud654\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br \/>\n5.  \ub300\uc911\uad50\ud1b5 \uc911\uc2ec \uc7ac\uad6c\uc5ed \uc9c0\uc815\uc73c\ub85c \uc778\ud55c \ubcf5\ud569 \uc6a9\ub3c4 \ud1a0\uc9c0 \uac00\uce58 \uc0c1\uc2b9: \ub300\uc911\uad50\ud1b5 \uc911\uc2ec \uac1c\ubc1c(TOD) \uc815\ucc45\uc740 \ubcf5\ud569 \uc6a9\ub3c4 \ud1a0\uc9c0\uc758 \uac00\uce58\ub97c \ub192\uc5ec \uc8fc\uac70, \uc18c\ub9e4, \uc0ac\ubb34\uc2e4 \uacf5\uac04\uc744 \ud1b5\ud569\ud558\ub294 \ud504\ub85c\uc81d\ud2b8\ub97c \ucd09\uc9c4\ud569\ub2c8\ub2e4.<br \/>\n6.  \uc0dd\uc131\ud615 AI \uae30\ubc18 \ubd80\uc9c0 \uc120\uc815\uc73c\ub85c 2\ucc28 \uc2dc\uc7a5 \ud65c\uc131\ud654: \uc0dd\uc131\ud615 AI \ub3c4\uad6c\ub294 \ubd80\uc9c0 \uc120\uc815 \ud504\ub85c\uc138\uc2a4\ub97c \ucd5c\uc801\ud654\ud558\uc5ec 2\ucc28 \uc2dc\uc7a5\uc758 \uc7a0\uc7ac\ub825\uc744 \ubc1c\uad74\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>3.2. \uc2dc\uc7a5 \uc131\uc7a5 \uc81c\uc57d \uc694\uc778 (Restraints)<\/p>\n<p>1.  \uc9c0\uc18d\uc801\uc778 \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34\ub85c \uc778\ud55c \uae00\ub85c\ubc8c \uc0ac\ubb34\uc2e4 \ud761\uc218\uc728 \uc800\ud558: \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34\ub294 \uc8fc 3~4\uc77c \uc0ac\ubb34\uc2e4 \ucd9c\uadfc\uc774\ub77c\ub294 \uc548\uc815\uc801\uc778 \ud328\ud134\uc73c\ub85c \uc815\ucc29\ub418\uc5c8\uc73c\uba70, \uc774\ub294 \uc644\uc804 \uc8fc\uac04 \ud65c\uc6a9\ub960\uacfc\uc758 \uaca9\ucc28\ub97c \uc720\uc9c0\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. 2026\ub144 \ucd08 \uae30\uc900, \uc644\uc804 \uc6d0\uaca9 \uadfc\ubb34 \uc9c1\uc6d0\uc758 \ube44\uc728\uc740 2022\ub144 \ub300\ube44 \uae09\uac10\ud588\uc9c0\ub9cc, \ubbf8\uad6d \ub0b4 \uc804\uad6d \uacf5\uc2e4\ub960\uc740 2025\ub144 \uc911\ubc18\uae4c\uc9c0 \ub192\uac8c \uc720\uc9c0\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uae30\uc5c5\ub4e4\uc774 \uacf5\uac04\uc744 \ucd5c\uc801\ud654\ud558\uace0 \uaddc\ubaa8\ub97c \uc870\uc815\ud558\ub294 \uacbd\ud5a5\uc744 \ubc18\uc601\ud558\uba70, \ud2b9\ud788 \ud574\uc548 \ub300\ub3c4\uc2dc\uc5d0\uc11c \uc0c1\ub2f9\ud55c \ub9c8\uc774\ub108\uc2a4 \ud761\uc218\uc728\uc744 \uae30\ub85d\ud588\uc2b5\ub2c8\ub2e4.<br \/>\n2.  \uac74\uc124 \uc790\uc7ac \ubc0f \uae08\uc735 \ube44\uc6a9 \uc778\ud50c\ub808\uc774\uc158\uc73c\ub85c \uc778\ud55c \uc218\uc775\ub960 \uc555\ubc15: \ub192\uc740 \uc790\uc7ac \ubc0f \uc778\uac74\ube44\uc640 \uc7a5\uae30 \ud3c9\uade0\uc744 \uc0c1\ud68c\ud558\ub294 \uc790\uae08 \uc870\ub2ec \uae08\ub9ac\ub294 \ubaa8\ub4e0 \uc790\uc0b0 \ud074\ub798\uc2a4\uc5d0\uc11c \ud504\ub85c\uc81d\ud2b8\uc758 \ub09c\uc774\ub3c4\ub97c \ub192\uc600\uc2b5\ub2c8\ub2e4. 2025\ub144 \ub370\uc774\ud130 \uc13c\ud130 \uac74\uc124 \ube44\uc6a9\uc740 \uba54\uac00\uc640\ud2b8\ub2f9 \ud3c9\uade0 \uc57d 1,070\ub9cc \ub2ec\ub7ec\uc5d0 \ub2ec\ud588\uc73c\uba70, 2026\ub144\uc5d0\ub294 \ub354\uc6b1 \uc0c1\uc2b9\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub418\uc5b4 \uac1c\ubc1c \uc218\uc775\uc131\uacfc \ub0a9\uae30 \uc77c\uc815\uc5d0 \uc555\ub825\uc744 \uac00\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uc2e0\uaddc \uac74\uc124 \ubc0f \ub9ac\ubaa8\ub378\ub9c1 \ud504\ub85c\uc81d\ud2b8\uc758 \uc218\uc775\ub960\uc744 \uc555\ubc15\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br \/>\n3.  ESG \uc911\uc2ec\uc758 \ub178\ud6c4 \uc790\uc0b0 \uac00\uce58 \ud558\ub77d \uc704\ud5d8: \uc720\ub7fd \ubc0f \ubd81\ubbf8\uc758 1\ub4f1\uae09 \ub3c4\uc2dc\ub97c \uc911\uc2ec\uc73c\ub85c ESG \uaddc\uc81c\uac00 \uac15\ud654\ub418\uba74\uc11c \ub178\ud6c4 \uc790\uc0b0\uc740 \uc0c1\ub2f9\ud55c \uac00\uce58 \ud558\ub77d \uc704\ud5d8\uc5d0 \uc9c1\uba74\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<br \/>\n4.  \ud574\uc548 \ub300\ub3c4\uc2dc\uc758 \uae30\ud6c4 \ubcf4\ud5d8\ub8cc \uc0c1\uc2b9: \uae30\ud6c4 \ubcc0\ud654\ub85c \uc778\ud55c \uc704\ud5d8 \uc99d\uac00\ub294 \ud574\uc548 \ub300\ub3c4\uc2dc\uc758 \uae30\ud6c4 \ubcf4\ud5d8\ub8cc\ub97c \uc778\uc0c1\uc2dc\ucf1c \ubd80\ub3d9\uc0b0 \uac1c\ubc1c \ubc0f \uc6b4\uc601 \ube44\uc6a9\uc5d0 \ubd80\ub2f4\uc744 \uc8fc\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>4. \uc138\uadf8\uba3c\ud2b8\ubcc4 \ubd84\uc11d<\/p>\n<p>4.1. \ubd80\ub3d9\uc0b0 \uc720\ud615\ubcc4 \ubd84\uc11d: \ubb3c\ub958 \ubd80\ubb38, \uc0ac\ubb34\uc2e4\uc744 \ub118\uc5b4\uc120 \uc131\uc7a5 \ub3d9\ub825<\/p>\n<p>2025\ub144 \uc0ac\ubb34\uc2e4\uc740 \uae30\uc874 \uc784\ub300 \uc57d\uc815 \ubc0f \uae30\uc5c5 \uacf5\uac04 \uc870\uc815 \uc8fc\uae30\uc758 \uc601\ud5a5\uc73c\ub85c 35%\uc758 \uc810\uc720\uc728\uc744 \ucc28\uc9c0\ud588\uc2b5\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uc634\ub2c8\ucc44\ub110 \uc18c\ub9e4\uc5c5\uccb4\ub4e4\uc774 \uc18d\ub3c4\ub97c \uc704\ud574 \uc7ac\uace0 \ubc30\uce58\ub97c \uc7ac\uad6c\uc131\ud568\uc5d0 \ub530\ub77c \ubb3c\ub958 \ubc0f \uc0b0\uc5c5 \ubd80\ubb38\uc740 2031\ub144\uae4c\uc9c0 6.32%\uc758 CAGR\ub85c \ud655\uc7a5\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc18c\ub9e4\uc5c5\uccb4\ub294 \uc628\ub77c\uc778 \ud310\ub9e4\uc561\ub2f9 \uc804\ud1b5\uc801\uc778 \ucc44\ub110\ubcf4\ub2e4 \ud6e8\uc52c \ub354 \ub9ce\uc740 \ucc3d\uace0 \uc6a9\ub7c9\uc744 \ud544\uc694\ub85c \ud558\uba70, \uc774\ub294 \ub3c4\uc2dc \ubc0f \ud56d\ub9cc \uc778\uadfc \uc9c0\uc5ed\uc758 \ub192\uc740 \uce35\uace0\uc640 \uc790\ub3d9\ud654 \uc900\ube44\uac00 \ub41c \uac74\ubb3c\uc5d0 \ub300\ud55c \uc218\uc694\ub97c \ub4b7\ubc1b\uce68\ud569\ub2c8\ub2e4. \ub9c8\uc774\ud06c\ub85c \ud480\ud544\uba3c\ud2b8 \uc2dc\uc124\uc740 \ub2f9\uc77c \uc11c\ube44\uc2a4\ub97c \uac15\uc870\ud558\ub294 \uc18c\ub9e4\uc5c5\uccb4\ub4e4\ub85c \uc778\ud574 \ub3c4\uc2dc \ub0b4\uc678\uc5d0\uc11c \uc810\uc720\uc728\uc744 \ub192\uc774\uace0 \uc788\uc73c\uba70, \uc774\ub294 \uac15\ub825\ud55c HVAC \ubc0f \uc804\ub825\uc744 \uac16\ucd98 \uc18c\uaddc\ubaa8 \uacf5\uac04\uc5d0 \ub300\ud55c \uc218\uc694\ub97c \uc99d\uac00\uc2dc\ud0b5\ub2c8\ub2e4. \ud604\ub300\uc2dd \ubb3c\ub958\ub294 \uc9c0\uc18d\uc801\uc778 \uc784\ucc28\uc778 \uc218\uc694\uc5d0 \ud798\uc785\uc5b4 \ub2e4\ub978 \ubd80\ub3d9\uc0b0 \uc720\ud615\ubcf4\ub2e4 \ube60\ub974\uac8c \uc131\uc7a5\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>4.2. \ube44\uc988\ub2c8\uc2a4 \ubaa8\ub378\ubcc4 \ubd84\uc11d: \uc6b4\uc601 \uc720\uc5f0\uc131\uc744 \uc704\ud55c \uc784\ub300 \ubaa8\ub378 \ubd80\uc0c1<\/p>\n<p>2025\ub144 \uac70\ub798 \uac00\uce58\uc758 69%\ub294 \ud310\ub9e4 \ubaa8\ub378\uc774 \ucc28\uc9c0\ud588\uc73c\uba70, \uc774\ub294 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uc7ac\ud65c\uc6a9 \ubc0f \uc5b4\ub824\uc6c0\uc744 \uacaa\ub294 \uc0ac\ubb34\uc2e4 \ubd80\ubb38\uc758 \uae30\ud68c\uc8fc\uc758\uc801 \uac70\ub798\ub97c \ubc18\uc601\ud569\ub2c8\ub2e4. \uadf8\ub7ec\ub098 \uc784\ucc28\uc778\ub4e4\uc774 \uc720\uc5f0\uc131\uc744 \uc120\ud638\ud558\uace0 \ubcf8\uc0ac \uacf5\uac04\uc5d0 \ub300\ud55c \ub300\ucc28\ub300\uc870\ud45c \ubd80\ub2f4\uc744 \ud53c\ud558\uba74\uc11c \uc784\ub300 \uc218\uc775\uc740 \uc608\uce21 \uae30\uac04 \ub3d9\uc548 6.49% \uc131\uc7a5\ud588\uc2b5\ub2c8\ub2e4. \ub370\uc774\ud130 \uc13c\ud130\uc758 \uacbd\uc6b0, \ud558\uc774\ud37c\uc2a4\ucf00\uc77c\ub7ec\ub97c \uc704\ud55c \uc7a5\uae30 \ube4c\ub4dc-\ud22c-\uc218\ud2b8(build-to-suit) \uc784\ub300\uac00 \uc77c\ubc18\uc801\uc774\uba70, \uc774\ub294 \uc548\uc815\uc801\uc778 \uc784\ub300\ub8cc \uc778\uc0c1\uc744 \ub300\uac00\ub85c \uae30\uc220\uc801 \ub178\ud6c4\ud654 \uc704\ud5d8\uc744 \uc784\ub300\uc778\uc5d0\uac8c \uc804\uac00\ud569\ub2c8\ub2e4. \uc774\ub7ec\ud55c \uc120\ud638\ub3c4 \ubcc0\ud654\uc5d0 \ub9de\ucdb0 \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc0b0\uc5c5\uc740 \uc81c\ud488 \uc218\uc900 \ud601\uc2e0\uacfc \uc548\uc815\uc801\uc778 \uc784\ub300 \ud3ec\ud2b8\ud3f4\ub9ac\uc624\uc5d0 \uc720\ub9ac\ud55c \uae08\uc735 \uc870\uc815\uc744 \ud1b5\ud574 \ub300\uc751\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>4.3. \ucd5c\uc885 \uc0ac\uc6a9\uc790\ubcc4 \ubd84\uc11d: \uae30\uc5c5\ub4e4\uc758 \ud3b8\uc758 \uc2dc\uc124 \ud48d\ubd80\ud55c \uac74\ubb3c\ub85c\uc758 \ud1b5\ud569<\/p>\n<p>2025\ub144 \ucd5c\uc885 \uc0ac\uc6a9\uc790 \uc218\uc694\uc758 61%\ub97c \ucc28\uc9c0\ud55c \uae30\uc5c5 \ubc0f \uc911\uc18c\uae30\uc5c5\uc740 2031\ub144\uae4c\uc9c0 6.28% \uc131\uc7a5\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc774\ub294 \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uc804\ub7b5\uc5d0\uc11c \uc591\ubcf4\ub2e4 \uc9c8\ub85c\uc758 \uc804\ud658\uc744 \ubc18\uc601\ud569\ub2c8\ub2e4. 2025\ub144\uae4c\uc9c0 \uc9c1\uc6d0\ub2f9 \ud3c9\uade0 \uacf5\uac04\uc740 \uae30\uc5c5\ub4e4\uc774 \uc804\uc6a9 \uc88c\uc11d \ube44\uc728\ubcf4\ub2e4 \ud611\uc5c5 \uacf5\uac04, \uc6f0\ube59, \ub514\uc9c0\ud138 \uc778\ud504\ub77c\ub97c \uac15\uc870\ud558\uba74\uc11c \ucd95\uc18c\ub418\uc5c8\uc2b5\ub2c8\ub2e4. \ucd5c\uace0\uae09 CBD \uc790\uc0b0\uc758 \ud53c\ud06c \ub370\uc774 \uc810\uc720\uc728\uc740 \uc885\uc885 \uc804\uccb4 \ud3c9\uade0\uc744 \ucd08\uacfc\ud558\uba70, \uc774\ub294 \uc778\uc7ac \uc720\uce58\ub97c \uc704\ud55c \uad50\ud1b5\uc774 \ud3b8\ub9ac\ud558\uace0 \ud3b8\uc758 \uc2dc\uc124\uc774 \ud48d\ubd80\ud55c \uac74\ubb3c\uc758 \uac00\uce58\ub97c \ubcf4\uc5ec\uc90d\ub2c8\ub2e4. \uae30\uc5c5 \ubd80\ub3d9\uc0b0 \ub9ac\ub354\ub4e4\uc740 \ube44\uc6a9\uc744 \uc6b0\uc120\uc2dc\ud558\uba74\uc11c\ub3c4 \ud488\uc9c8\uc744 \ud3ec\uae30\ud558\uc9c0 \uc54a\uace0, \uacbd\ud5d8\uacfc \uaddc\uc815 \uc900\uc218 \uc694\uad6c\ub97c \ucda9\uc871\ud558\ub294 \ub354 \ub098\uc740 \uc704\uce58\uc758 \ub354 \uc791\uc740 \uacf5\uac04\uc744 \ubaa9\ud45c\ub85c \ud569\ub2c8\ub2e4. \uac1c\uc778 \ubc0f \uac00\uad6c\ub294 \ub2e4\uac00\uad6c \uc8fc\ud0dd \ubc0f \uadfc\ub9b0 \uc18c\ub9e4 \ud615\uc2dd\uc5d0\uc11c \uafb8\uc900\ud55c \uc218\uc694\ub97c \ucc3d\ucd9c\ud558\uba70, \uc784\ub300 \uc911\uc2ec \ud3ec\ud2b8\ud3f4\ub9ac\uc624\uc758 \uc18c\ub4dd \uac00\uc2dc\uc131\uc744 \uc9c0\uc6d0\ud569\ub2c8\ub2e4.<\/p>\n<p>5. \uc9c0\uc5ed\ubcc4 \ubd84\uc11d<\/p>\n<p>*   \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591: 2025\ub144 33%\uc758 \uc810\uc720\uc728\ub85c \uac00\uc7a5 \ud070 \uc2dc\uc7a5\uc744 \uc720\uc9c0\ud588\uc2b5\ub2c8\ub2e4. \uc774\ub294 \uac15\ub825\ud55c \uc0b0\uc5c5 \uc0dd\uc0b0, \uc77c\ubcf8\uc758 \ud504\ub77c\uc784 \uc624\ud53c\uc2a4 \uc2dc\uc7a5\uc758 \uacac\uace0\ud568, \uc778\ub3c4\uc758 \uae30\uc220 \ubc0f \uacf5\uc720 \uc11c\ube44\uc2a4 \ud5c8\ube0c\uc758 \uacac\uc870\ud55c \ud761\uc218\uc728\uc5d0 \ud798\uc785\uc740 \uac83\uc785\ub2c8\ub2e4. \uc2f1\uac00\ud3ec\ub974\uc640 \ud64d\ucf69 SAR\uc740 \ub370\uc774\ud130 \uc13c\ud130\uc758 \ud1a0\uc9c0 \ubc0f \uc804\ub825 \uc81c\uc57d\uc5d0 \uc9c1\uba74\ud588\uc9c0\ub9cc, \uacf5\uae09 \ubd80\uc871 \uc9c0\uc5ed\uc5d0\uc11c\ub294 \uc784\ub300 \uc8fc\ud0dd \ud615\uc2dd\uc5d0 \ub300\ud55c \uae30\uad00 \ud22c\uc790\uc790\ub4e4\uc758 \uad00\uc2ec\uc774 \uafb8\uc900\ud588\uc2b5\ub2c8\ub2e4. \uc778\ub3c4\uc758 \uae00\ub85c\ubc8c \uc5ed\ub7c9 \uc13c\ud130\uc640 BFSI(\uc740\ud589, \uae08\uc735 \uc11c\ube44\uc2a4 \ubc0f \ubcf4\ud5d8) \uc784\ucc28\uc778\ub4e4\uc740 2025\ub144 \uc8fc\uc694 \uc2dc\uc7a5\uc5d0\uc11c \uc810\uc720\uc728 \ubc0f \uc784\ub300\ub8cc \uc131\uc7a5\uc744 \uc9c0\uc6d0\ud558\uba70, \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc758 \ub2e4\uc591\ud55c \uc218\uc694 \ub3d9\ub825\uc744 \ubcf4\uc5ec\uc8fc\uc5c8\uc2b5\ub2c8\ub2e4.<br \/>\n*   \ub0a8\ubbf8: \uc0b0\uc5c5 \ubc0f \ubb3c\ub958 \ud655\uc7a5\uc744 \uc704\ud55c \uc678\uad6d\uc778 \uc9c1\uc811 \ud22c\uc790(FDI)\uac00 \uc99d\uac00\ud558\uba74\uc11c 2031\ub144\uae4c\uc9c0 6.46%\ub85c \uac00\uc7a5 \ube60\ub978 \uc9c0\uc5ed \uc131\uc7a5\ub960\uc744 \uae30\ub85d\ud560 \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uba55\uc2dc\ucf54\uc640 \ube0c\ub77c\uc9c8\uc758 \uc8fc\uc694 \uc0b0\uc5c5 \uc2dc\uc7a5\uc740 2025\ub144 \ud22c\uc790\uc790\ub4e4\uc774 \uc804\ub825 \ubc0f \ub178\ub3d9\ub825 \uac00\uc6a9\uc131\uc774 \uc788\ub294 \uc720\ud1b5 \ud68c\ub791\uc744 \ubaa9\ud45c\ub85c \ud558\uba74\uc11c \ud30c\uc774\ud504\ub77c\uc778\uc744 \uc8fc\ub3c4\ud588\uc2b5\ub2c8\ub2e4. \uc5ec\ub7ec \uad6d\uac00\uc758 \uac70\uc2dc \uacbd\uc81c \uc548\uc815\ud654, \uc778\ud50c\ub808\uc774\uc158 \uc644\ud654, \uc9c0\uc18d\uc801\uc778 FDI\ub294 \uac1c\ubc1c \ubc0f \uc784\ub300\uc5d0 \ub354 \uac15\ub825\ud55c \uae30\ubc18\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4.<br \/>\n*   \ubd81\ubbf8\uc640 \uc720\ub7fd: \ub514\uc9c0\ud138 \uc778\ud504\ub77c, \ubb3c\ub958, \ub192\uc740 ESG \ud45c\uc900\uc744 \ucda9\uc871\ud558\ub294 \ud504\ub77c\uc784 \uc624\ud53c\uc2a4 \uc790\uc0b0\uc5d0 \uc790\ubcf8\uc774 \uc9d1\uc911\ub418\uba74\uc11c \uafb8\uc900\ud55c \uc18d\ub3c4\ub85c \ud655\uc7a5\ub418\uace0 \uc788\uc2b5\ub2c8\ub2e4. 2025\ub144 \ubbf8\uad6d\uc5d0\uc11c\ub294 \uc8fc\uc815\ubd80 \ud22c\uc790\uc790\ub4e4\uc774 \ub514\uc9c0\ud138 \uc778\ud504\ub77c \ubc0f AI \uad00\ub828 \uc790\uc0b0\uc5d0 \ub354 \ub9ce\uc740 \uc790\ubcf8\uc744 \ud22c\uc785\ud558\uc5ec \ud655\uc7a5 \uac00\ub2a5\ud55c \uc804\ub825\uc744 \uac16\ucd98 \ud558\uc774\ud37c\uc2a4\ucf00\uc77c \uc704\uce58\uc5d0 \ub300\ud55c \uc9d1\uc911\ub3c4\ub97c \ub192\uc600\uc2b5\ub2c8\ub2e4. \uc720\ub7fd \ud22c\uc790\uc790\ub4e4\uc740 2026\ub144\uc5d0 \uc784\ub300 \ubc0f \uae08\uc735 \uc870\uac74\uc774 \uac1c\uc120\ub420 \uac83\uc73c\ub85c \uc608\uc0c1\ud558\uba70, \uc774\ub294 2024\ub144\uc758 \ub290\ub9b0 \uac70\ub798 \uc774\ud6c4 \ub354 \uacac\uace0\ud55c \uae30\ubc18\uc744 \uc2dc\uc0ac\ud569\ub2c8\ub2e4.<\/p>\n<p>6. \uacbd\uc7c1 \ud658\uacbd \ubc0f \uc8fc\uc694 \ud50c\ub808\uc774\uc5b4<\/p>\n<p>\uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc740 \uc790\ubb38, \uac1c\ubc1c, \uc18c\uc720 \ubc0f \uc6b4\uc601 \uc804\ubc18\uc5d0 \uac78\uccd0 \ub2e4\uc591\ud55c \ud50c\ub808\uc774\uc5b4\ub4e4\uc774 \ud65c\ub3d9\ud558\ub294 \uc911\uac04 \uc815\ub3c4\uc758 \ud30c\ud3b8\ud654\ub41c \uc2dc\uc7a5\uc785\ub2c8\ub2e4. \uae00\ub85c\ubc8c \uc790\ubb38\uc0ac\ub4e4\uc740 \uc911\uac1c \ubc0f \uc790\uc0b0 \uad00\ub9ac \uc5c5\ubb34\uc5d0\uc11c \ubd84\uc11d, \uc784\ub300 \uc694\uc57d, \uc784\ucc28\uc778 \uacbd\ud5d8\uc5d0 \uc774\ub974\uae30\uae4c\uc9c0 \uad11\ubc94\uc704\ud55c \uc804\ubb38\uc131\uc744 \uc81c\uacf5\ud558\uba70 \uc2dc\uc7a5\uc744 \uc120\ub3c4\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub4e4\uc740 \uae30\uc220 \uae30\ubc18 \uc194\ub8e8\uc158\uc744 \ub3c4\uc785\ud558\uc5ec \ud6a8\uc728\uc131\uc744 \ub192\uc774\uace0 \uace0\uac1d\uc5d0\uac8c \ub354 \ub098\uc740 \ud1b5\ucc30\ub825\uc744 \uc81c\uacf5\ud558\ub294 \ub370 \uc8fc\ub825\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \ud55c\ud3b8, \uac1c\ubc1c\uc0ac\ub4e4\uc740 \ud2b9\uc815 \uc9c0\uc5ed\uc774\ub098 \uc790\uc0b0 \uc720\ud615\uc5d0 \ud2b9\ud654\ub41c \uc804\ub7b5\uc744 \ud1b5\ud574 \uacbd\uc7c1 \uc6b0\uc704\ub97c \ud655\ubcf4\ud558\uba70, \uc9c0\uc18d \uac00\ub2a5\ud55c \uac1c\ubc1c\uacfc \ud601\uc2e0\uc801\uc778 \ub514\uc790\uc778\uc744 \uac15\uc870\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc18c\uc720 \ubc0f \uc6b4\uc601\uc0ac\ub4e4\uc740 \uc7a5\uae30\uc801\uc778 \uc790\uc0b0 \uac00\uce58 \uc99d\ub300\uc640 \uc548\uc815\uc801\uc778 \uc218\uc775 \ucc3d\ucd9c\uc744 \ubaa9\ud45c\ub85c \ud3ec\ud2b8\ud3f4\ub9ac\uc624\ub97c \uad00\ub9ac\ud558\uba70, \uc784\ucc28\uc778 \uc720\uce58 \ubc0f \uc720\uc9c0\uc5d0 \ud798\uc4f0\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc774\ub7ec\ud55c \ub2e4\uc591\ud55c \ud50c\ub808\uc774\uc5b4\ub4e4\uc740 \uac01\uc790\uc758 \uac15\uc810\uc744 \ubc14\ud0d5\uc73c\ub85c \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5\uc758 \uc5ed\ub3d9\uc131\uc744 \ub9cc\ub4e4\uc5b4\uac00\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>\ubcf8 \ubcf4\uace0\uc11c\ub294 \uae00\ub85c\ubc8c \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0(CRE) \uc2dc\uc7a5\uc5d0 \ub300\ud55c \uc2ec\uce35 \ubd84\uc11d\uc744 \uc81c\uacf5\ud569\ub2c8\ub2e4. \uc5f0\uad6c\ub294 \uc624\ud53c\uc2a4, \ub9ac\ud14c\uc77c, \ubb3c\ub958, \uc0b0\uc5c5, \uc219\ubc15, \ubcf5\ud569\uc6a9\ub3c4 \ubc0f \ub370\uc774\ud130\uc13c\ud130 \uc2dc\uc124 \ub4f1 \uc784\ub300 \uc218\uc775 \ubc0f \uc790\ubcf8 \uac00\uce58 \uc0c1\uc2b9\uc744 \ubaa9\uc801\uc73c\ub85c \uac70\ub798, \uc784\ub300 \ub610\ub294 \ubcf4\uc720\ub418\ub294 \uc218\uc775 \ucc3d\ucd9c\ud615 \uac74\ucd95 \uc790\uc0b0\uc758 \uc5f0\uac04 \ucd1d \uac00\uce58\ub97c \uc2dc\uc7a5\uc73c\ub85c \uc815\uc758\ud569\ub2c8\ub2e4. \ub2e8, \uac1c\ubcc4 \uc18c\uc720 \uc8fc\uac70\uc6a9 \uac74\ubb3c, \ub098\ub300\uc9c0 \ud22c\uae30, \uc778\ud504\ub77c \uc591\ud5c8, \uc21c\uc218 \uc2dc\uc124 \uad00\ub9ac \uacc4\uc57d \ub4f1\uc740 \uc774\uc911 \uacc4\uc0b0\uc744 \ud53c\ud558\uae30 \uc704\ud574 \uc5f0\uad6c \ubc94\uc704\uc5d0\uc11c \uc81c\uc678\ub429\ub2c8\ub2e4.<\/p>\n<p>\ubcf4\uace0\uc11c\uc758 \uc5f0\uad6c \ubc29\ubc95\ub860\uc740 \uc5c4\uaca9\ud55c 1\ucc28 \ubc0f 2\ucc28 \uc870\uc0ac\ub97c \uae30\ubc18\uc73c\ub85c \ud569\ub2c8\ub2e4. 1\ucc28 \uc870\uc0ac\ub294 \uac1c\ubc1c\uc5c5\uc790, \uc911\uac1c\uc5c5\uccb4 \uc784\uc6d0, \uc790\uc0b0 \uad00\ub9ac\uc790 \ub4f1\uacfc\uc758 \uc778\ud130\ubdf0\ub97c \ud1b5\ud574 \uc2dc\uc7a5\uc758 \uc2e4\uc81c \ub3d9\ud5a5\uacfc \uc704\ud5d8 \uc694\uc18c\ub97c \ud30c\uc545\ud558\uba70, 2\ucc28 \uc870\uc0ac\ub294 UN DESA, OECD, ULI, FIABCI \ub4f1 \uc815\ubd80 \ubc0f \ud611\ud68c \ud1b5\uacc4, \uae30\uc5c5 \uacf5\uc2dc \uc790\ub8cc, \uad6c\ub3c5 \ub370\uc774\ud130 \ub4f1\uc744 \ud65c\uc6a9\ud569\ub2c8\ub2e4. \uc2dc\uc7a5 \uaddc\ubaa8\ub294 \ube44\uc8fc\uac70\uc6a9 \uac74\uc124 \uc9c0\ucd9c, REIT \uc790\uc0b0 \uc7a5\ubd80, \uad6d\uacbd \uac04 \uc9c1\uc811 \ud22c\uc790 \ud750\ub984\uc744 \uc0c1\ud5a5\uc2dd \ubc0f \ud558\ud5a5\uc2dd\uc73c\ub85c \uc7ac\uad6c\uc131\ud558\uace0, \uc8fc\uc694 \uc790\ubcf8 \ud658\uc6d0\uc728 \ubcc0\ub3d9, A\ub4f1\uae09 \uacf5\uc2e4\ub960, \ubb3c\ub958 \ud761\uc218\uc728, \uac74\uc124 \ube44\uc6a9 \uc9c0\uc218, \ud658\uc728 \ubcc0\ud654 \ub4f1\uc744 \ubc18\uc601\ud55c \ub2e4\ubcc0\ub7c9 \ud68c\uadc0 \ubd84\uc11d\uc744 \ud1b5\ud574 2030\ub144\uae4c\uc9c0\uc758 \uac00\uce58\ub97c \uc608\uce21\ud569\ub2c8\ub2e4. \ub370\uc774\ud130\ub294 MSCI \uc9c0\uc218 \ubca4\uce58\ub9c8\ud06c \ubc0f Moody&#8217;s \ub808\ubc84\ub9ac\uc9c0 \ube44\uc728\uacfc \ube44\uad50\ud558\uc5ec \uac80\uc99d\ub418\uba70, \uc5f0\uac04 \uc5c5\ub370\uc774\ud2b8 \ubc0f \uc8fc\uc694 \uc2dc\uc7a5 \ubcc0\ub3d9 \uc2dc \uc218\uc2dc \uc7ac\uac80\ud1a0\ub97c \uac70\uce69\ub2c8\ub2e4.<\/p>\n<p>\uc2dc\uc7a5 \ud1b5\ucc30 \ubc0f \ub3d9\ud5a5 \ubd84\uc11d\uc5d0\uc11c\ub294 \uc8fc\uc694 \uc131\uc7a5 \ub3d9\ub825\uacfc \uc81c\uc57d \uc694\uc778\uc744 \ub2e4\ub8f9\ub2c8\ub2e4. \uc131\uc7a5 \ub3d9\ub825\uc73c\ub85c\ub294 \uc634\ub2c8\ucc44\ub110 \uc18c\ub9e4 \ud655\uc7a5\uc5d0 \ub530\ub978 \ubb3c\ub958 \uc218\uc694 \uae09\uc99d, \uc8fc\uc694 \ub3c4\uc2ec(CBD) \uc624\ud53c\uc2a4\uc758 \uace0\uae09\ud654 \ucd94\uc138, \uad6d\ubd80\ud380\ub4dc \ubc0f \uc5f0\uae30\uae08\uc758 \uc218\uc775 \ucc3d\ucd9c\ud615 CRE \ud22c\uc790 \uc804\ud658, \ud558\uc774\ud37c\uc2a4\ucf00\uc77c \ubc0f \uc5e3\uc9c0 \ub370\uc774\ud130\uc13c\ud130 \ucea0\ud37c\uc2a4 \uad6c\ucd95 \uac00\uc18d\ud654, \ub300\uc911\uad50\ud1b5 \uc911\uc2ec \uc7ac\uac1c\ubc1c\uc744 \ud1b5\ud55c \ubcf5\ud569\uc6a9\ub3c4 \ud1a0\uc9c0 \uac00\uce58 \uc0c1\uc2b9, \uadf8\ub9ac\uace0 \uc0dd\uc131\ud615 AI \uae30\ubc18 \ubd80\uc9c0 \uc120\uc815 \ucd5c\uc801\ud654\ub97c \ud1b5\ud55c 2\ucc28 \uc2dc\uc7a5 \ud65c\uc131\ud654 \ub4f1\uc774 \uc81c\uc2dc\ub429\ub2c8\ub2e4. \ubc18\uba74, \uc81c\uc57d \uc694\uc778\uc73c\ub85c\ub294 \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34 \ud655\uc0b0\uc73c\ub85c \uc778\ud55c \uae00\ub85c\ubc8c \uc624\ud53c\uc2a4 \ud761\uc218\uc728 \uc800\ud558, \uac74\uc124 \uc790\uc7ac \ubc0f \uae08\uc735 \ube44\uc6a9 \uc778\ud50c\ub808\uc774\uc158\uc73c\ub85c \uc778\ud55c \uc218\uc775\ub960 \uc555\ubc15, ESG(\ud658\uacbd, \uc0ac\ud68c, \uc9c0\ubc30\uad6c\uc870) \uaddc\uc81c \uac15\ud654\uc5d0 \ub530\ub978 \uae30\uc874 \uc790\uc0b0\uc758 \ub178\ud6c4\ud654 \uc704\ud5d8, \ud574\uc548 \ub300\ub3c4\uc2dc\uc758 \uae30\ud6c4 \ubcf4\ud5d8\ub8cc \uc0c1\uc2b9 \ub4f1\uc774 \uc5b8\uae09\ub429\ub2c8\ub2e4.<\/p>\n<p>\uae00\ub85c\ubc8c \uc0c1\uc5c5\uc6a9 \ubd80\ub3d9\uc0b0 \uc2dc\uc7a5 \uaddc\ubaa8\ub294 2026\ub144 6\uc870 3,452\uc5b5 \ub2ec\ub7ec\uc5d0\uc11c 2031\ub144\uae4c\uc9c0 \uc5f0\ud3c9\uade0 5.98% \uc131\uc7a5\ud558\uc5ec 8\uc870 4,833\uc5b5 \ub2ec\ub7ec\uc5d0 \uc774\ub97c \uac83\uc73c\ub85c \uc804\ub9dd\ub429\ub2c8\ub2e4. \uc790\uc0b0 \uc720\ud615\ubcc4\ub85c\ub294 \uc634\ub2c8\ucc44\ub110 \uc18c\ub9e4 \ud655\uc7a5\uc5d0 \ud798\uc785\uc5b4 \ubb3c\ub958 \ubc0f \uc0b0\uc5c5 \uc790\uc0b0\uc774 \uc131\uc7a5\uc744 \uc8fc\ub3c4\ud558\uace0 \uc788\uc73c\uba70, \uc624\ud53c\uc2a4\ub294 2025\ub144 \uae30\uc900 35%\uc758 \uc810\uc720\uc728\ub85c \uc5ec\uc804\ud788 \uac00\uc7a5 \ud070 \ube44\uc911\uc744 \ucc28\uc9c0\ud558\ub294 \uc790\uc0b0 \uc720\ud615\uc785\ub2c8\ub2e4. \ud558\uc774\ube0c\ub9ac\ub4dc \uadfc\ubb34 \uc815\ucc45\uc740 \uc8fc\uac04 \uc624\ud53c\uc2a4 \ud65c\uc6a9\ub960\uc744 \ub0ae\ucdb0 \ub192\uc740 \uacf5\uc2e4\ub960\uc744 \uc720\uc9c0\uc2dc\ud0a4\uace0 \uc788\uc73c\uba70, \uc774\ub294 \ud3b8\uc758\uc2dc\uc124\uc774 \ud48d\ubd80\ud558\uace0 \ud6a8\uc728\uc801\uc778 \uace0\ud488\uc9c8 \uac74\ubb3c\ub85c\uc758 &#8216;\uace0\uae09\ud654 \uc774\ub3d9(flight-to-quality)&#8217;\uc744 \ucd09\uc9c4\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc9c0\uc5ed\ubcc4 \ud22c\uc790 \ubaa8\uba58\ud140\uc740 \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591 \uc9c0\uc5ed\uc774 33%\ub85c \uac00\uc7a5 \ud070 \ube44\uc911\uc744 \ucc28\uc9c0\ud558\uba70, \ub0a8\ubbf8 \uc9c0\uc5ed\uc740 2031\ub144\uae4c\uc9c0 6.46%\uc758 \uac00\uc7a5 \ube60\ub978 \uc131\uc7a5\ub960\uc744 \ubcf4\uc77c \uac83\uc73c\ub85c \uc608\uc0c1\ub429\ub2c8\ub2e4. \uc2e0\uaddc \uac1c\ubc1c\uc758 \uc8fc\uc694 \ub09c\uad00\uc73c\ub85c\ub294 \uac74\uc124 \ubc0f \uae08\uc735 \ube44\uc6a9 \uc0c1\uc2b9, \uc778\ud5c8\uac00 \uc9c0\uc5f0, \ubcf4\ud5d8\ub8cc \uc778\uc0c1 \ub4f1\uc774 \uc9c0\uc801\ub418\uba70, \uc774\ub294 \uc218\uc775\ub960\uc744 \uc555\ubc15\ud558\uace0 \ud22c\uae30\uc131 \ud504\ub85c\uc81d\ud2b8\ub97c \uc9c0\uc5f0\uc2dc\ud0a4\ub294 \uc694\uc778\uc73c\ub85c \uc791\uc6a9\ud569\ub2c8\ub2e4. \uc778\uacf5\uc9c0\ub2a5(AI)\uc740 \ud558\uc774\ud37c\uc2a4\ucf00\uc77c \ub370\uc774\ud130\uc13c\ud130 \ud30c\uc774\ud504\ub77c\uc778\uc744 \uac00\uc18d\ud654\ud558\uace0 \ubd80\uc9c0 \uc120\uc815\uc744 \uc790\ub3d9\ud654\ud558\uc5ec, \uc804\ub825 \uacf5\uae09\uc774 \uc6d0\ud65c\ud558\uace0 \ubb3c\ub958 \uc5f0\uacc4\uc131\uc774 \uac15\ud55c 2\ucc28 \uc2dc\uc7a5\uc73c\ub85c \uac1c\ubc1c\uc744 \uc804\ud658\uc2dc\ud0a4\ub294 \uc601\ud5a5\uc744 \ubbf8\uce58\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/p>\n<p>\ubcf4\uace0\uc11c\ub294 \ub610\ud55c \uc790\uc0b0 \uc720\ud615(\uc624\ud53c\uc2a4, \ub9ac\ud14c\uc77c, \ubb3c\ub958, \uae30\ud0c0), \ucd5c\uc885 \uc0ac\uc6a9\uc790(\uac1c\uc778\/\uac00\uad6c, \uae30\uc5c5\/\uc911\uc18c\uae30\uc5c5, \uae30\ud0c0), \uadf8\ub9ac\uace0 \ubd81\ubbf8, \ub0a8\ubbf8, \uc720\ub7fd, \uc544\uc2dc\uc544 \ud0dc\ud3c9\uc591, \uc911\ub3d9 \ubc0f \uc544\ud504\ub9ac\uce74\ub97c \ud3ec\ud568\ud55c \uad11\ubc94\uc704\ud55c \uc9c0\uc5ed\ubcc4\ub85c \uc2dc\uc7a5\uc744 \uc138\ubd84\ud654\ud558\uc5ec \ubd84\uc11d\ud569\ub2c8\ub2e4. \uacbd\uc7c1 \ud658\uacbd \uc139\uc158\uc5d0\uc11c\ub294 CBRE, JLL, Cushman &#038; Wakefield, Blackstone Real Estate \ub4f1 \uc8fc\uc694 \uc2dc\uc7a5 \ucc38\uc5ec\uc790\ub4e4\uc758 \uc2dc\uc7a5 \uc9d1\uc911\ub3c4, \uc804\ub7b5\uc801 \uc6c0\uc9c1\uc784, \uc2dc\uc7a5 \uc810\uc720\uc728 \ubc0f \uae30\uc5c5 \ud504\ub85c\ud544\uc744 \uc0c1\uc138\ud788 \ub2e4\ub8e8\uba70, \uc2dc\uc7a5 \uae30\ud68c \ubc0f \ubbf8\ub798 \uc804\ub9dd \uc139\uc158\uc5d0\uc11c\ub294 \ubbf8\uac1c\ucc99 \uc2dc\uc7a5 \ubc0f \ubbf8\ucda9\uc871 \uc218\uc694\uc5d0 \ub300\ud55c \ud3c9\uac00\ub97c \uc81c\uacf5\ud569\ub2c8\ub2e4.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-46651","post","type-post","status-publish","format-standard","hentry","category-market-reports"],"_links":{"self":[{"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/posts\/46651"}],"collection":[{"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/comments?post=46651"}],"version-history":[{"count":0,"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/posts\/46651\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/media?parent=46651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/categories?post=46651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.globalresearch.co.kr\/insight\/wp-json\/wp\/v2\/tags?post=46651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}