* Source : Reviewed by KORAMCO REITs & Trust Compliance
Officer No.22-0014
(Unit : KPW 100 million)
Beginning 2001-2009
2001
Founded KORAMCO
2002
Launched corporate restructuring REIT
(KOCREF No.1)
2005
Launched Korea’s first entrusted
management REIT (KOCREF No.7)
2006
Licensed for real estate trust business
2009
Licensed for redevelopment
management business
Scale Up2010-2018
2010
Licensed for debt-type land development trust Established KORAMCO Asset Management
2015
Became the first trust company to advance into housing redevelopment projects Established overseas real estate funds
2017
Scored A/Stable in corporate credit ratings
by NICE Investors Service (top score in the trust industry)
2008
Reached the accumulative real estate trust contract volume of KRW 400 billion
Leap Forward2019-
2019
Acquied by LF Group
2020
Complated 2 sites for Korea’s first trust type redevelopment Achieved KRW 4 trillion in blind funds entrusted, including National Housing Fund and Public Officials Benefit Association
2021
Reached KRW 25 trillion in REIT and real estate fund AUM Secured KRW 421.2 billion in equity capital
Company Timeline
Business Milestone
2022
Company Timeline
Participated in 2022 GRESB (Global Real Estate Sustainability Benchmark) certification
Reached KRW 100 billion in operating income
2022
Business Milestone
KORAMCO The One REIT was listed on KOSPI
KORAMCO Energy REIT carried forward the multi-use
development of Bisan Gas Station in Anyang
2021
Company Timeline
Celebrating the 20th anniversary of KORAMCO REITs & Trust
Established the ESG Committee
Reached KRW 14 trillion in REITs AUM
Secured the equity capital of KRW 421.2 billion
Ranked 1st in operating income of the 1st half year in the real estate trust industry
2021
Business Milestone
REITs
Purchased Galleria Department Store Gwanggyo
“KORAMCO Value Investment No.3-2”
Forward purchased Magok MICE CP3-2 Office
“KORAMCO Value Investment No.3-3
Purchased Gimpo K Logisfield Logistics Center
“KORAMCO Value Investment No.3-4”
Set up KORAMCO Sustainable Growth Office Blind Fund
worth KRW 300 billion
2020
Company Timeline
Selected as an asset management company for Public
Officials Benefit Association’s blind fund
Selected as an asset management company for National
Housing Fund’s anchor REIT
Announced the completion of
the project agent of Pyeongchon U’NEED, the first trust-type renewal project in
Korea
Reached KRW 11 trillion in REIT’s AUM
2020
Business Milestone
REITs
Purchased Podo Mall in Sinrim “KORAMCO Value Investment No.3-1”
Entered into a contract on the development of public housing for youth in Wonhyo-ro station influence area “LT KOCREF”
Purchased Galleria Centercity “KORAMCO Value Investment No.2-3”
Undertook the redevelopment of Emart Sangmu branch in Gwangju “KOCREF Sangmu”
2019
Company Timeline
Lee Kyuseong left office as the Chairman of the Consultative Board for Prosperous KORAMCO
Obtained the final approval for LF being the majority shareholder (Financial Services Commission)
Jeong Joonho inaugurated as the CEO and President
Reached KRW 9 trillion in REITs AUM
2019
Business Milestone
REITs
KOCREF No.48 (HJ Shipbuilding & Construction Seoul Office Building)
Value Add No.2-2 (Citibank Korea Da-dong Office Building)
KOCREF No.51 (Yeongdeungpo Time Square Office Building A and B)
LT KOCREF (2030 Public Housing for Youth in the station influence area in Wonhyo-ro 1-ga)
2018
Company Timeline
Yoon Yongro inaugurated as the Chairman
Declared the “Year of a New Leap Forward” of KORAMCO REITs & Trust
2018
Business Milestone
REITs
E REITs KOCREF Corporate Restructuring-REIT listed on KOSPI (E REITs KOCREF)
KOCREF No.43 (Samsung Seocho Office Building)
KOCREF TP (Reconstruction of Korea Teachers Pension Seoul Building)
KOCREF No.47 (KG Tower)
View More +2017
Company Timeline
Lee Kyuseong inaugurated as the Chairman of the Board of Directors
Scored A/Stable in corporate credit ratings by NICE Investors Service
E REITs KOCREF passed the preliminary IPO eligibility review by Korea Exchange
Reached KRW 7 trillion in REITs AUM
Established KORAMCO Asset Management No.5 and No. 6 blind funds
Established 6 KORAMCO Asset Management overseas real estate funds including The Atrium in Amsterdam, the Netherlands
2017
Business Milestone
REITs
KOCREF No.36
KORAMCO Value Add Retail No.3 (subsidiary)
KORAMCO Value Add Retail No.4 (subsidiary)
KOCREF No.41
2016
Company Timeline
Awarded for the Best Real Estate Financial Company in the 1st Korea Real Estate Finance Grand Prix
Signed an MOU on “2030 Public Housing for Youth in Station Influence Area”
Established KORAMCO Asset Management No.1 and No.2 blind funds
Entered the New Stay-linked maintenance project
Reached KRW 6 trillion in REITs AUM
2016
Business Milestone
REITs
KOCREF No.31 (preferred stock)
KOCREF K-Square (preferred stock)
GS KOCREF New Stay (preferred stock)
KORAMCO Value Add Retail No.1 (parent)
View More +2015
Company Timeline
Awarded the Model Taxpayers Award in the 49th Taxpayers Day Celebration
Established rental housing REITs
Became the first in the trust industry to engage in housing reconstruction business as a project agent
KORAMCO Asset Management licensed for hedge fund business and investment advisory business
Established 3 KORAMCO Asset Management overseas funds including US Value No.1
2015
Business Milestone
REITs
KOCREF Housing No.1 (preferred stock)-rental housing REIT
Dongtan 2 Daewoo KOCREF (preferred stock) – rental housing REIT
KOCREF No.30 (preferred stock)
Trust
View More +2014
Company Timeline
Lee Kyuseong inaugurated as the Chairman of the Consultative Board of Prosperous KORAMCO
Lee Woocheol inaugurated as the Chairman of KORAMCO REITs & Trust
Golden Tower acquired LEED certification (KOCREF NPS No.1)
Reached KRW 5 trillion in REITs AUM
2014
Business Milestone
REITs
KOCREF The Prime (preferred stock)
KOCREF Seomyeon (preferred stock)
Parceling-out Land Trust (Wolrak-dong Public Housing in Namwon-si, Jeonbuk
2013
Company Timeline
Jeong Yongseon inaugurated as the President of KORAMCO REITs & Trust
Launched externally managed development REIT (KOCREF Gwanggyo)
KORAMCO Asset Management licensed for special asset fund business
Reached KRW 4 trillion in REITs AUM
2013
Business Milestone
REITs
KOCREF Gwanggyo
KOCREF Yangjae (preferred stock)
KOCREF Pine Avenue (preferred stock)
Trust
2012
Company Timeline
Lee Woocheol inaugurated as the Vice Chairman of KORAMCO REITs & Trust
Adopted the CRM system for stronger target marketing
Reached KRW 1 billion in cumulative social contribution
2012
Business Milestone
REITs
Established KOCREF Byukeun Hotel PFV
Trust
Parcel-out Land Trust (Apartment in Ma-dong, Gwangyang-si)
Parcel-out Land Trust (Urban-type Housing in Sinjeong-dong, Nam-gu in Ulsan)
2011
Company Timeline
Signed an agreement on cooperation with the Incheon Free Economic Zone Authority
Scored A- in corporate credit ratings (National Information and Credit Evaluation, Inc.)
Reached KRW 3 trillion in REITs AUM
2011
Business Milestone
REITs
Established KOCREF Cheongjin No.18
Established KOCREF Cheongjin No.19
Trust
Parcel-out Land Trust (Public Housing in Beomcheon-dong, Busan)
2010
Company Timeline
Founded KORAMCO Asset Management
KORAMCO Asset Management fully licensed for financial investment business and commenced business
Awarded the Model Taxpayers Award in the 44th Taxpayers Day Celebration
Licensed for debt-type land development trust
Introduced ISP (Information Strategy Planning) project
2010
Business Milestone
REITs
Established KOCREF GS Square PFV
Listed KOCREF No.15
Established KOCREF No.17
Dissolved KOCREF No.7
View More +2009
Company Timeline
Licensed for financial investment business (trust business)
Registered for housing redevelopment business
Signed the KORAMCO-KAIST Green Smart Building Initiative
2009
Business Milestone
REITs
Dissolved KOCREF No.4
Opened KOCREF AREIF No.1, Noon Square
Opened KOCREF No.15, Times Square
Dissolve KOCREF No.5
2008
Company Timeline
Registered for housing construction business
2008
Business Milestone
REITs
KOCREF NPS No.1 merged Grace Tower
Dissolved KOCREF No.3
KOCREF NPS No.1 merged Golder Tower
Trust
Won a contract on Management-type Land Development Trust No.1 (Pangyo Business Block 3)
Parcel-out Management Trust (Sinrim-dong, Gwanak-gu in Seoul)
Reached KRW 6 trillion in trust depository
2007
Company Timeline
Created the Investigation and Analysis Team
Registered for real estate development business
2007
Business Milestone
REITs
Established KOCREF No.11
Dissolved KOCREF No.1
Established Pangyo SD-2 PFV
Established KOCREF AREIF No.1
Established KOCREF No.14
Trust
Collateral trust (Banpo-dong, Seocho-gu in Seoul)
Disposal trust (Jeongja-dong in Bundang)
Sales management trust (Minrak-dong in Busan)
Reached KRW 4 trillion in trust depository
2006
Company Timeline
Raised the capital from KRW 8.55 billion to 10 billion
Moved the head office to Hansol Building in Yeoksam-dong (Capital Tower)
Fully licensed for trust business
Reformed the Board of Directors (directors from institutional investors experts-oriented)
Selected as a trust company for the National Pension Service of Korea
Completed the development of the asset management system (KAMS)
2006
Business Milestone
REITs
Established KOCREF No.8
Established KOCREF NPS No.1
Established KOCREF NPS No.2
Reached KRW 2 trillion in REITs AUM (2.4031 trillion)
Trust
Sales management trust (Townhouse in Anseong-si)
Reached KRW 1 trillion in trust depository
2005
Company Timeline
Reached KRW 1 trillion in REITs AUM (1.0282 trillion)
2005
Business Milestone
REITs
Established/listed KOCREF No.7
Established KOCREF No.6
Dissolved KOCREF No.2
2004
2004
Business Milestone
REITs
Established KOCREF No.4
Established KOCREF No.5
2003
Company Timeline
Lee Kyuseong inaugurated as the Chairman
2003
Business Milestone
REITs
Established/listed KOCREF No.3
2002
Company Timeline
Finalized KORAMCO CI
Raised the capital from KRW 7 billion to 8.55 billion
Moved the head office to Hanhwa Securities Building (Yeouido)
2002
Business Milestone
REITs
Established/listed KOCREF No.1
Established/listed KOCREF No.2
2001
Company Timeline
Held the general meeting of promoters
Established the articles of association
Set up a preparation committee and a secretariat for the establishment of the company
Established KORAMCO
Approved as an asset management company (AMC) by the Ministry of Construction and Transportation
2001