Home News Press Releases

Press Releases

Real Estate Trust Companies’ Earnings, 2019

March 24, 2020

Assets under management (AUM) of 14 real estate trust companies totaled KRW230.6 trillion at the end of 2019, up KRW23.8 trillion or 11.5% from KRW206.8 trillion a year ago. When it came to land trusts, the AUM increased from KRW64.9 trillion to KRW70.8 trillion. In particular, the AUM growth resulted from administration-type land trust growing by KRW5.9 trillion from the same period a year ago. Collateral trusts also expanded KRW19.2 trillion or 15.4% to KRW144.2 trillion. By contrast, brokerage trusts decreased KRW1.2 trillion or 15.0% to KRW6.8 trillion as well as disposition trusts fell KRW0.1 trillion or 1.6% to KRW6.1 trillion during the period.