On the 9th, Koramco REITs Management and Trust announced that it has signed an agreement for a maximum of 80 billion won in SMA (Separately Managed Account) with the domestic office environment specialist FURSYS.

Koramco REITs Management and Trust provides.

This SMA agreement allows FURSYS to invest in asset acquisition costs within the agreed limit with Koramco, which will use those funds to purchase value-add office assets in key business districts of Seoul, manage renovations and rentals, and conduct sales. Meanwhile, FURSYS will enhance investment and operational efficiency by contributing to space planning and construction. The aim is to create substantial synergy between the operator and strategic investors.

Koramco explained that through the SMA agreement with FURSYS, it has secured investment resources of up to 80 billion won in advance, which will enhance the discovery of more proactive trading opportunities and the stability of transaction closures. SMA is a customized account investment agreement individually managed according to the requirements and strategies of specific investors, and its utilization is gradually expanding because it allows for efficient fund execution and management.

Jeong Seung-hwi, CEO of Koramco REITs Management and Trust, said, "The SMA agreement with FURSYS is a new investment cooperation model that goes beyond simple financing, enhancing both spatial innovation and the value of real estate assets," adding, "We will continue to collaborate with various strategic partners to uncover leading investment opportunities in the domestic and international real estate markets."

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