{
  "id": 16157887,
  "title": "Koramco at 25: From birth of Korean REITs to $45 bil. powerhouse",
  "url": "https://urgent.news/2026/10/23/koramco-at-25-from-birth-of-korean-reits-to-45-bil-powerhouse-16157887",
  "topic": "world",
  "section": "World",
  "published": "2026-10-23T06:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/economy/20261023/koramco-at-25-from-birth-of-korean-reits-to-45-bil-powerhouse"
  },
  "original_language": "en",
  "account": "Koramco REITs Management and Trust, an entity born from the ashes of the 1997 Asian financial crisis, has evolved into a prominent player in Korea's real estate investment landscape. With a staggering $45.3 billion under management, the company commemorated its 25th anniversary by expanding its reach both domestically and internationally.\n\nIn the wake of the crisis, Korean firms were compelled to divest property assets to bolster their balance sheets. However, the absence of investors and financial infrastructure to absorb large-scale sales posed a significant challenge. To address this issue, the government introduced the Real Estate Investment Company Act in 2001, paving the way for Koramco's establishment.\n\nOn October 25, 2001, Koramco was born as Korea's inaugural real estate investment trust (REIT) asset management company. Since then, the company has played a pivotal role in shaping Korea's real estate finance market. Beyond its initial focus on restructuring-oriented REITs, Koramco has ventured into listed REITs and ventured into diverse real estate investments, solidifying its position as a key contributor to the sector's growth.",
  "summary": "Koramco REITs Management and Trust, established in the wake of the 1997 Asian financial crisis to help Korean companies restructure their real estate holdings, has grown into a leading real estate investment manager with 60 trillion won ($45.3 billion) in assets under management. The company said Friday that it held a ceremony marking its 25th anniversary, as it seeks to expand overseas and…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}