RSQUARE
RSQUARE is a Seoul-based commercial real estate comprehensive service company offering one-stop office, logistics, and retail leasing, acquisition advisory, property management, interior design, and data analytics, serving Korean enterprises and multinationals expanding domestically and into Southeast Asia, notably Vietnam.
- Company typePrivate
- Founded2021
- HeadquartersSeoul, South Korea
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What RSQUARE does
RSQUARE Inc. is a Seoul-headquartered commercial real estate comprehensive service company that delivers the full CRE lifecycle — office, logistics, and retail leasing brokerage; acquisition and disposition advisory; property and lease management; interior design; and architecture — through wholly-owned subsidiaries including RSQUARE Vietnam and RSQUARE DESIGN. Its customer base spans Korean enterprises and multinationals, with a particularly active book in e-commerce/logistics (Coupang, FedEx, Kurly), manufacturing (DYFLON Vina, MST), technology and gaming (LINE GAMES, Glohow, Ohouse), financial institutions (Shinhan Bank Vietnam, Koramco Asset Trust), and government agencies (NIPA).
The company's technology stack is anchored by two proprietary data assets: the RTB (Real-Time Building) database covering up to 300,000 domestic and international office and commercial buildings, and RSQUARE Analytics (RA), which integrates CRE data with financial, registration, and disclosure records on approximately 2.5 million companies and presents results through a spatial map interface. RSQUARE Vietnam maintains a separate 55,000+ property database. Adjacent products include RSQUARE DataHub (market reports), the HomeDot ERP residential management platform (with TaxWiz and R.FMS modules), and R.Find (office brokerage tooling). RSQUARE DESIGN, established in 2016, ranks fourth in Korea's interior construction industry by 2022 with a sustained 4.93/5 customer satisfaction score.
The revenue model is a hybrid of transaction commissions (leasing, acquisition), managed services (property management, lease management), professional services (interior design, architecture), and subscription/recurring streams (RA, HomeDot ERP). Pricing is quote-based and not publicly disclosed; enterprise contracts can run multi-year, and managed-service contracts typically renew annually. Go-to-market is enterprise field sales targeting Korean corporates and Korean/multinational firms expanding into Vietnam. The company has raised approximately $95 million in total funding, including a $72 million Series C from STIC Investments in November 2021, and is pursuing Southeast Asia expansion (Vietnam operational; Singapore and Indonesia planned).
RSQUARE firmographics
Firmographics- Name
- RSQUARE
- Legal name
- RSQUARE Inc.
- Website
- https://rsquare.co.kr
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- RSQUARE is a Seoul-based commercial real estate comprehensive service company offering one-stop office, logistics, and retail leasing, acquisition advisory, property management, interior design, and data analytics, serving Korean enterprises and multinationals expanding domestically and into Southeast Asia, notably Vietnam.
- Ownership category
- akta.pro rank
RSQUARE industry classification
Industry- Product category
- Commercial Real Estate Services
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Services-Computer Programming, Data Processing, Etc. (7370), Services-Engineering, Accounting, Research, Management (8700)
- akta.pro primary industry
- Data, Analytics & AI Consulting (BPAHAEAF)
Keywords
Where RSQUARE is headquartered
LocationHeadquarters
- HQ city
- Seoul
- HQ country
- South Korea
- HQ region
- Asia
Offices2 records
Markets served
RSQUARE business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Office and Commercial Leasing Commission: Commission-based revenue from brokering office, logistics, and retail leasing transactions. Services include tenant representation and landlord listing representation.
- Acquisition and Disposition Advisory: Investment advisory and brokerage services for buying and selling commercial properties, including corporate asset consulting.
- Property Management Services: Ongoing property management services for building owners, maximizing rental income and minimizing operational costs.
- Interior Design and Construction: Office interior design, architecture, and remodeling services through RSQUARE DESIGN subsidiary. Includes pre-construction consulting and full project execution.
- Data Analytics Subscription: Subscription-based access to RSQUARE Analytics platform providing market data, analytics, and research reports on commercial real estate.
- HomeDot ERP Subscription: Subscription-based apartment and multi-family building ERP solution with costs calculated based on number of units in each complex. Includes TaxWiz and R.FMS services.
- Integrated Solutions Partnership: Joint services with Samsung Electronics providing integrated real estate and technology solutions to companies entering Vietnam.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Enterprise commercial real estate services |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
RSQUARE product offering
Product offeringCore offering
RSQUARE provides end-to-end commercial real estate services spanning office, logistics and retail leasing; acquisition and disposition advisory; corporate asset consulting; property and lease management; and interior design and architecture. These services are supported by proprietary data and analytics platforms (RSQUARE Analytics, RTB, DataHub, HomeDot ERP) built on a database of 300,000+ buildings and 2.5 million companies, enabling data-backed advisory for corporate occupiers, investors, and asset managers across Korea and Vietnam.
Product overview
RSQUARE is a commercial real estate comprehensive service company offering a platform-plus-modules architecture. The core portfolio includes property services (office leasing, logistics center leasing, retail leasing, acquisition/disposition, property management, lease management), design services (interior design, architecture), and data solutions (RSQUARE Analytics/RA, RSQUARE DataHub). The company also provides residential ERP through HomeDot ERP with TaxWiz and R.FMS modules. RSQUARE Vietnam extends services to Southeast Asia with a database of over 55,000 commercial properties. Key proprietary data assets include RTB (300,000 buildings) and R.A analytics platform. RSQUARE DESIGN, established in 2016, provides interior and architecture services and ranked 4th in Korea's interior construction industry by 2022.
Differentiator
Problem solved
Functional benefit
Products and services
- Office Leasing
Quantifiable outcome
- 53 billion KRW revenue for Architecture Division in one year
- +5 more outcomes
Companies that use RSQUARE
Customer profileNamed customers17 records
Segments7 records
Ideal customer profiles5 records
RSQUARE technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability6 records
Feature4 records
RSQUARE partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered major, core and supporting.
- Kinh Bac City Development Holding CorporationmajorMOU signed to lower information barriers and accelerate Korea-Vietnam investment connectivity. Delivers turnkey solutions for companies entering Vietnam.
- Korea Real Estate BoardmajorParticipation in '2024 Real Estate Big Data Platform and Center Development Project'. RSQUARE provides data on commercial real estate supply, rent, vacancy rates, and transaction data to support national data platform.
- Samsung ElectronicscorePartnership agreement to provide integrated solutions in Vietnam. Samsung provides SmartThings and B2B AI solutions (b.IoT) for office and manufacturing environments while RSQUARE offers space planning and real estate consulting. Joint services enable companies entering Vietnam to access one-stop solutions.
- KNLsupportingLegal and tax service firm partnership providing comprehensive services to clients in Vietnam.
- KONET EXPRESSsupportingLogistics solutions provider partnership offering comprehensive one-stop services to clients.
- HOWBUILDsupportingConstruction Project Management Platform partnership for integrated project delivery.
- Koramco Asset TrustmajorExclusive LM (Lease Management) consulting contract for four logistics properties. Relationship established after FedEx Gimpo center deal.
- Samsung ElectronicscorePartnership to provide integrated solutions in Vietnam market, combining RSQUARE's real estate expertise with Samsung's technology solutions.
- Shinhan Bank VietnamcorePartnership since 2022 offering one-stop real estate and financial services to companies entering Vietnam, resulting in over 20 successful partnerships.
Scale indicators12 records
Recent moves8 records
Expansion highlights6 records
RSQUARE competitors and assessment
Company assessmentBroad incumbents
- CBRE Group: Global commercial real estate services leader offering brokerage, property management, valuation, and investment advisory across all major Asian markets including Korea and Vietnam. Directly comparable to RSQUARE's full-service CRE model, though at much larger scale and broader geographic reach.
- JLL (Jones Lang LaSalle): Worldwide commercial real estate services and investment management firm with established Korea and Vietnam operations. Offers overlapping services in office leasing, logistics, capital markets, and workplace design that mirror RSQUARE's core service lines.
- Cushman & Wakefield: Global CRE services firm with Asia Pacific presence covering brokerage, valuation, asset services, and project management. Comparable to RSQUARE in serving cross-border occupiers and investors expanding in Asian markets.
- Colliers International: Global professional services and investment management company specializing in commercial real estate. Competes with RSQUARE in office, industrial/logistics, and investment advisory services across Korea and Southeast Asia.
- Savills: Global real estate services provider with strong Asia Pacific footprint, particularly in Vietnam. Directly comparable service portfolio including commercial leasing, investment advisory, and property management for cross-border clients.
- Knight Frank: Global real estate consultancy with established Asia Pacific operations in commercial leasing, investment, and asset management. Comparable to RSQUARE's enterprise-focused brokerage and advisory services for cross-border clients.
- Newmark Group: Full-service commercial real estate advisory firm offering leasing, investment sales, and data analytics. Comparable to RSQUARE in transaction-focused brokerage and growing data/proptech capabilities.
Direct peers
- CoStar Group: Leading provider of commercial real estate data, analytics, and online marketplaces. Directly comparable to RSQUARE's RSQUARE Analytics platform and RTB database strategy, though CoStar is far larger and primarily US-focused.
Regional players
- ESR Group: Asia-Pacific focused logistics and industrial real estate platform with significant Korea and Vietnam presence. Directly comparable to RSQUARE's logistics center leasing business and major customer relationships with e-commerce tenants like Coupang.
Emerging players
- CompStak: CRE data and analytics platform aggregating lease and sales comparables. Comparable technology positioning to RSQUARE Analytics, though focused exclusively on data rather than bundled brokerage services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
RSQUARE social profiles
Digital presenceRSQUARE compliance and trust
Trust signalCompliance2 records
RSQUARE financial estimates
Financial estimateRevenue estimate
Valuation estimate
RSQUARE leadership team
Management profileNumber of profiles
Profiles20 records
RSQUARE subsidiaries and ownership
Company hierarchySubsidiaries2 records
RSQUARE funding detail
Funding detailFunding overview
Funding rounds7 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
RSQUARE M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about RSQUARE
What does RSQUARE do?
RSQUARE provides end-to-end commercial real estate services spanning office, logistics and retail leasing; acquisition and disposition advisory; corporate asset consulting; property and lease management; and interior design and architecture. These services are supported by proprietary data and analytics platforms (RSQUARE Analytics, RTB, DataHub, HomeDot ERP) built on a database of 300,000+ buildings and 2.5 million companies, enabling data-backed advisory for corporate occupiers, investors, and asset managers across Korea and Vietnam.
Is RSQUARE a public or private company?
RSQUARE is a private company. It is classified as venture growth investor backed and is currently operating.
When was RSQUARE founded?
RSQUARE was founded in 2021. It employs 501 to 1,000 people.
Where is RSQUARE based?
RSQUARE is headquartered in Seoul, South Korea, in the Asia region.
How does RSQUARE make money?
Seven revenue lines are on record. Office and Commercial Leasing Commission is the primary driver. The others are acquisition and Disposition Advisory, property Management Services, interior Design and Construction, data Analytics Subscription, homeDot ERP Subscription and integrated Solutions Partnership.
Who are RSQUARE's main competitors?
Broad incumbents on record are CBRE Group, JLL (Jones Lang LaSalle), Cushman & Wakefield, Colliers International, Savills, Knight Frank and Newmark Group. CoStar Group is listed as a direct peer. ESR Group is listed as a regional player. CompStak is listed as an emerging player.
Does RSQUARE have an API?
No public API is recorded for RSQUARE.
What industry is RSQUARE in?
RSQUARE's product category is Commercial Real Estate Services. Its primary akta.pro industry code is BPAHAEAF, Data, Analytics & AI Consulting. Its NAICS code is 518210 and its SIC code is 6531.