History
History
KORAMCO’s journey is the very history of Korea’s real estate finance.
2021–Present
“No. 1 market share in Korea’s private REITs for 25 years.
Expanding our investment universe from office-led initiatives to New Economy sectors.”
2025
Total equity surpassed KRW 570 billion
Organizational restructuring (Stabilization of sector specialization)
- Proclamation of Koramco VISION 2030
- Achieved KRW 36.6 trillion in total Assets Under Management (AUM)
- Completion and full-scale operation of K-Square Data Center Gasan
- Opening of the Jeonju Office
- Completion of all project sites under completion-guaranteed management trusts
- Commencement of the Hyundai Motor Company real estate securitization project
- Expansion of large-scale physical asset investments via REF (Bundang Doosan Tower, Hyundai Motor Securities Building, etc.)
2024
Total equity surpassed KRW 500 billion (KRW 524.6 billion)
AUM surpassed KRW 30 trillion (KRW 33.4 trillion)
- Completed development of Korea’s pioneering Project REIT, “Yeouido TP Tower”
- Selected as a GRESB “World No. 1” asset (K-Square Data Center Gasan)
- Completed one trust-type urban renewal project (ePyeonhansesang Edu Summit, Juan, Incheon)
- REF AUM surpassed KRW 17 trillion
- Attracted real-asset investment from the National Pension Service (NPS)
- Selected by NPS as external manager for a real-estate debt fund
- Commenced Bokjeong Station-area mixed-use development project
- Secured investment from global alternative investment manager Starwood Capital Group
- Acquired Arc Place, Yeoksam
- Acquired K-Square Magok
- Acquired The Exchange Seoul under NPS external mandate
- Developing the Bokjeong Station-area mixed-use project
2023
- Named GRESB “Global Sector Leader” in the office development category (Yeouido TP Tower)
- Acquired Seocho Majestar City Tower 1
2022
- Listed KORAMCO The One REIT (Hana Securities Building, Yeouido)
- Achieved No. 1 operating revenue among domestic real estate trust companies
2021
Total equity surpassed KRW 400 billion (KRW 421.2 billion)
AUM KRW 24.9 trillion
- Received “5 Stars, Asia Sector Leader” from GRESB (Majestar City Tower 2)
- REF AUM surpassed KRW 10 trillion
- Launched data center development (K-Square Data Center Gasan)
- Acquired Bundang Doosan Tower
- Acquired East Central Tower, Gangdong
- Developed K-Square Data Center Gasan
2011-2022
“Beginning of NEW KORAMCO.
Advancing to a larger, more stable real estate finance platform with lifestyle-culture company LF.”
2020
- Listing of KORAMCO Life Infra REIT (187 SK Networks directly operated gas stations and ancillary retail)
- Selected as Anchor REIT manager for the National Housing and Urban Fund
- Completed two trust-type urban renewal projects (Shinmagok Byeoksan Blooming, Seoul; Songnim Pine&You, Incheon)
- Selected as manager for the Korea Industrial Complex Corporation Environmental Improvement Fund
- Commenced Anyang Logistics Center development
- Acquired Bundang Hostway IDC
- Acquired Hyundai Motor Securities Building, Yeouido
2019
- Became an LF affiliate
- Completed Korea’s first trust-type urban renewal project (Pyeongchon Daeseong Uneed)
- Launched Korea’s first mezzanine real estate blind fund
2018
- Listed E-REITs KOCREF
- Acquired “The Asset Gangnam” (Samsung Fire & Marine Insurance Seocho HQ)
2017
- Earned the highest corporate credit rating in the trust industry: A/Stable (NICE Ratings)
- Initiated the first pension blind-pool development project (K-Square Gangnam 1)
- Acquired Seocho Majestar City Tower 2
- Acquired Korea National Oil Corporation HQ
- Acquired The Atrium, Amsterdam, Netherlands
2016
- Established Value-Add Blind Fund No. 1
- Established Overseas Direct Real Estate Fund (Europe Core No. 1)
- Launched Korea’s first retail-investor real estate blind fund
- Acquired DF Tower at Gangnam Station (formerly A+ Asset Building)
- Acquired Center Point Gwanghwamun
- Acquired Dangsan TCC Dongyang Tower
- Acquired IDZ Tower, Austria
2015
- Co-developed Korea’s first real estate ESG metric, the “Green Smart Building Index” (with KAIST)
- Won Korea’s first trust-type urban renewal mandate (Anyang Hogye/Seonggwang/Shilla Apt. integrated reconstruction: now Pyeongchon Daeseong Uneed)
- Established Overseas Fund-of-Funds (US Value No.1)
- Acquired Hana Securities Building, Yeouido
2013
Total equity surpassed KRW 100 billion (KRW 115.2 billion)
AUM KRW 6.2 trillion
- REF AUM surpassed KRW 1 trillion
- Acquired Gangnam P-Tower
- Acquired Pine Avenue Building B, Jongno
- Acquired GLASS TOWER, Samseong-dong
2012
- Acquired Seocho Shilla Stay
- Acquired Hyundai Group HQ, Yeonji-dong
2011
- Acquired Gran Seoul Towers 1 & 2, Jongno
2001-2010
“By establishing Korea’s first REIT,
we laid the foundation for advancing the nation’s real estate finance.”
2010
- Launched leveraged land trust business
- Founded KORAMCO Asset Management (Jan 20, 2010)
- Established Fund No. 1 (KORAMCO Yeongjong Xi Real Estate Fund)
- Acquired Yeongjong GS Xi Apartments
2007
- Registered as a real estate developer
- Acquired Yeongdeungpo Times Square
- Acquired Noon Square, Myeong-dong
2006
Total equity KRW 10 billion
AUM KRW 1.1 trillion
- Obtained license for real estate trust business
- Acquired Seoul City Tower
- Acquired Golden Tower (now Icon Samsung)
2005
- Launched Korea’s first externally managed REIT (KOCREF No. 7; acquired DSME Building)
2004
- Acquired YTN Tower
- Acquired LG DACOM (now LG Uplus) Building
2002
- Launched KOCREF No. 1 (acquired Hanwha Group HQ, Janggyo Building) (achieved 43.5% average annual dividend yield, 28.4% ROE)
2001
Total equity KRW 7 billion
- Established KORAMCO (Oct 24, 2001)
