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About usHistory

* 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

Read More +

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

    View More +

    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)


    View More +

    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