Korean REITs’ AUM Rises 26% to 65 Trillion Won (US$57.7 Billion) (The Korea Herald)
March 4, 2021 – The combined assets under management by South Korea’s real estate investment trusts came to 65.3 trillion won ($58 billion) as of end-January.
The total volume rose 26 percent from the previous year, indicating a moderately growing market, according to the Korea Association of Real Estate Investment Trusts.
A REIT refers to a company designed to offer annual dividend returns to its investors in return for investment in securitized real estate.
By asset type, the AUM of REITs with entrusted management agreement came to 60.9 trillion won, followed by 3.9 trillion won for corporate restructuring REITs and 533.7 billion won for self-administered REITs.
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