REITs
KOCREF
KOCREF,
the byword for REITs in Korea.
- KOCREF
- Korea Corporate Restructuring real Estate Fund
- KOCREF is KORAMCO’s REIT brand and the synonymous name for REITs in Korea. Since KOCREF No. 1 in 2002, 91 KOCREF vehicles have been launched to date, with 49 REITs (including PFVs) currently under management. With a 19.3% share of Korea’s private REIT market, KORAMCO leads the nation’s real estate investment industry as the No. 1 AMC.
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2002
Launch of KOCREF No. 1
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19.3%
Market share in
Korea’s private REITs -
91
REITs launched
(cumulative) -
49
REITs under management
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- KOCREF was originally created to support corporate restructuring. Today, it stands as the flagship vehicle for indirect real estate investment, deploying capital on behalf of pensions, mutual aids, foundations, and institutions to deliver stable returns.
- Strengths of KORAMCO REITs / KOCREF
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KOCREF1
Unrivaled investment and operating track record- Scale-driven experience as Korea’s largest REIT AMC
- Ability to tailor strategies to diverse investor objectives
KOCREF2
Function-specific professionalization- Advanced specialization across investment, funding, and operations
- Robust deal pipeline providing diversified opportunities
KOCREF3
Strong in-house technical, legal, and tax/accounting support- Enhanced risk management enabled by diversified internal support functions
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Investment Team
- Strong market forecasting and analysis capabilities in the real estate sector
- Extensive deal-sourcing network for securing prime assets
- Established funding channels with major financial institutions and pension funds
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Support Team
- Accounting Team: Review of REIT accounting and tax issues
- Legal Team: Legal due diligence, contract review, and negotiation
- Technical Team: Technical due diligence during asset acquisition
- Oversight of major construction management within fund projects
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Asset Management Team
- Extensive experience in managing diverse real estate asset classes
- Structured asset management system ensuring operational efficiency
- Proven know-how to maximize asset value
Integrated risk management framework
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Investment Deliberation Committee
- Review and approval of investment and disposition plans
- Establishment of investment strategies and execution policies
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Risk Management Committee
- Development and evaluation of risk management plans
- Establishment of risk control systems and operational procedures
- Supervision and monitoring of company-wide risk management
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Audit Committee
- Conducting regular and special audits
- Performing accounting audits
- Requesting management reports on key business activities
- Requiring corrective actions based on audit findings
