E KOCREF CR-REIT
KKRX:0882603,140.00
KRW
-60.00
(-1.87%)
ISIN
KR7088260005
Return %
Stock
S&P 500
1Y
-34.03
14.20
3Y
-36.88
81.12
5Y
-50.00
68.34
Capital Structure
KRW
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in mil. unless spec.Working Capital
KRW
•
in mil. unless spec.Growth Rates
KRW
•
in mil. unless spec.Quarterly Revenue
KRW
•
in mil. unless spec.Quarterly Earnings Per Share
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Young-Gyu Kim
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Golden Tower Seoul SL South Korea 06158
- IPO Date
- Jun 27, 2018
- Website
- ereits.co.kr
- Similar Companies
- Business
- E Kocref CR-REIT is a South Korea-based real estate investment trust (REIT) primarily engaged in the acquisition, development, management, leasing, and strategic disposal of commercial real estate properties, with a focus on premium office buildings in key business districts of Seoul. The company provides stable income and long-term capital appreciation for institutional and retail investors through rental income generated from long-term lease agreements with corporate tenants. Founded in 2005 and headquartered in Seoul, E Kocref CR-REIT operates as a subsidiary of ELAND RETAIL Ltd. The company is listed on the Korea Stock Exchange since 2018 and is managed by KORAMCO REITs & Trust, a prominent South Korean real estate financial services firm. Its core offerings include property acquisition, property development, property management, rental services, and portfolio disposal to optimize asset performance and investor returns. Recent key developments include continued asset enhancement initiatives and strategic capital recycling through the sale of mature properties, maintaining a focus on portfolio quality and income stability amid a selective expansion approach. These strategic moves are supported by a business model designed to leverage Korea's office market with a concentrated portfolio that emphasizes high-quality office spaces, ensuring consistent revenue streams despite market fluctuations. As a corporate restructuring REIT (CR-REIT), E Kocref CR-REIT follows a tax structure that avoids corporate income tax on distributed net income, benefiting shareholders directly through dividends. The company operates predominantly in South Korea, targeting commercial real estate sectors including office leasing and property asset management, serving primarily institutional investors and individual shareholders seeking exposure to Korean real estate markets. Its strategic priorities over the past 1-2 years include maintaining rental income stability through lease agreements and pursuing selective investment opportunities to enhance portfolio value while managing operational costs effectively. This description reflects the company's primary products and services and its latest strategic initiatives within the evolving South Korean commercial real estate market.