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KAREIT Members

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Information about Membership of KAREIT(Korea Association of Real Estate Investment Trusts)

KAREIT (Korea Association of Real Estate Investment Trusts)is the government association of the Korean REITs field that was authorized the establishment of nonprofit corporation, from Ministry of Land, Infrastructure, and Transport, according to Article 49-1 of 「Real Estate Investment Company Act (herein refers to ‘the act’)」, on December 30 2010. This association makes efforts to advance the REITs field and heighten rights and authorities of members.

Membership Classification and Membership Qualification (Article 10 of Association )

Regular Membership Asset Management Company under the Authorization of the Establishment according to Article 22-3 of the Act, and Self-Management Real estate Company under the Authorization of Business, according to Article 9 of the act
Associate Membership Asset Management Company under the Prospective Authorization, Self-Management Real Investment Company before the Authorization of Business, entrusted Affairs Company, Asset Custody Institutions, Asset Management Company, Self-Management Real Estate Investment Company’s Major Stockholders (limited in corporate bodies), Commission Management, Real Estate Investment Company, Corporate Restructuring, Real Estate Investment Company, Financial Institutions such as Security Entities, or Banks
Special Membership Association Membership Hopers under the Approval from Board of Directors (Corporate Bodies, Individuals Entities)