10 %
As of Q4 2024
AMC investment share
(Source: Korea REITs Association)
No. 1
Based on approved businesses as of May 2024
Currently operating 55 REITs
(tied for 1st place)
REITs (Real Estate Investment Trusts) are indirect real estate investment vehicles in the form of a corporation that raise funds from multiple investors, invest in real estate, and return profits to investors.
At least 30% of the total issued shares must be offered for public subscription within the minimum capital preparation period (within 6 months after business approval)
70% or more of total assets must be invested and managed in real estate
Obligation to distribute 90% or more of distributable profits as dividends
The Commercial Act applies except for matters specified in the Real Estate Investment Company Act
Sort | Self-managed REITs | Entrusted management REITs | Corporate restructuring REITs |
---|---|---|---|
Investment target | General real estate / Development projects | General real estate / Development projects | Corporate restructuring real estate / Development projects |
Company type | Substantive company (full-time executives and employees) |
Nominal company (no full-time staff) |
Nominal company (no full-time staff) |
Minimum capital | KRW 7 billion | KRW 5 billion | KRW 5 billion |
Stock distribution | Within 50% of total shares | Within 50% of total shares | No restrictions |
Public offering | Within 30% of total shares | Within 30% of total shares | No public offering obligations |
Listing | Immediate upon meeting requirements | Immediate upon meeting requirements | Immediate upon meeting requirements |
Asset composition | Real estate: 70% of more | Real estate: 70% of more | Corporate restructuring real estate: 70% of more |
Disposal restrictions | 1 year | 1 year | No restrictions |