KORAMCO Unveils 'Vision 2030' Based on Investor-Centric Management Philosophy

Strengthening 'Expertise and Execution' Through Organizational Restructuring
Aiming to Become 'Korea's Largest and Most Trusted Real Estate Finance Company for Investors'

KORAMCO REITs & Trust and KORAMCO Asset Management announced on the 20th that they held a 'Vision 2030' proclamation ceremony in the main conference room at their headquarters in Samseong-dong, Gangnam-gu, Seoul, unveiling their mid- to long-term growth strategies and future vision.

The event was attended by all major executives, including Chairman Yoon Yongro, REITs and Management CEO Jung Seunghoe, Trust Division CEO Lee Chungseong, and KORAMCO Asset Management CEO Park Hyungseok. This marks the first public disclosure of KORAMCO's future management direction and growth strategies following the recent completion of its organizational restructuring.

This year, KORAMCO introduced a co-CEO system for its REITs, fund, and trust divisions, based on an 'investor-centric management philosophy.' As a follow-up, the company reorganized to separate investment, management, and funding functions, thereby enhancing expertise in each area. Under the 'One KORAMCO' spirit, KORAMCO has strengthened its collaborative framework while transforming into an organization focused on improving operational efficiency and execution through system-based management. 'Vision 2030' is the formalization of the company's growth goals and management direction, built on these changes.

The core of 'Vision 2030' is to become "the largest and most trusted real estate finance company in Korea for investors." To achieve this, KORAMCO has set quantitative targets for 2030: ▲ total assets under management (AUM) of 50 trillion won ▲ trust contract volume of 50 billion won ▲ operating revenue of 250 billion won ▲ pre-tax profit of 125 billion won.

The investment management division, which combines REITs and real estate funds, will focus on ▲ fostering blind funds ▲ attracting global capital ▲ strengthening deal sourcing ▲ advancing asset management ▲ expanding portfolios centered on 'New Economy' sectors such as data centers, healthcare, and senior housing. KORAMCO aims to solidify its overwhelming number one position in the domestic REITs market, while also focusing on diversifying funding channels and improving profit structures through global partnerships.

The trust division will diversify its order portfolio by expanding non-recourse land trusts, focusing on redevelopment projects in major cities, and securing development-type trusts (PFV). The company plans to increase its contract volume from 40 billion won as of this year to 50 billion won by 2030, maintaining an average annual growth rate of about 5%.

Jung Seunghoe, CEO of REITs and Management at KORAMCO REITs & Trust, stated, "The vision proclamation is not merely about presenting growth targets, but a declaration for all employees to share and pursue KORAMCO's mid- to long-term direction together." He added, "Through organizational restructuring, we have established a foundation for sector-specific expertise and execution." He further expressed confidence, saying, "Based on this vision, we will leap forward to become the largest and most trusted real estate finance company in Korea for investors."

KORAMCO has maintained its number one position in the domestic private REITs sector for 24 years, operating in REITs, real estate funds, and real estate trust businesses. Even as completion guarantee risks among real estate trust companies have recently increased, KORAMCO has completely eliminated such risks, earning recognition for establishing a stable foundation for growth.