This article was published on the ChosunBiz MoneyMove (MM) site at 2:50 p.m. on Oct. 30, 2025.
Koramco REITs Management and Trust's housing & urban fund REIT (Koramco Anchor REIT) will sell part of its equity in SK REIT. Because trading on the exchange has been allowed since midyear under approval from the Ministry of Land, Infrastructure and Transport, it is analyzed that the fund is rebalancing by trimming some of its stake in its first investment, SK REIT.
On the 30th, investment banking industry sources said Koramco Anchor REIT plans to sell 2,164,000 shares (0.73%) of SK REIT it holds via an off-hours block trade. Samsung Securities was selected as the lead underwriter for the deal. It was confirmed that Koramco Anchor REIT recently signed a block trade brokerage agreement with Samsung Securities.
The discount rate will be set within the price limit range with reference to the demand forecast results. The selling price will be finalized by applying the discount rate to the recent closing price. An industry source said the block trade volume was offered on a condition that only domestic investors can buy it.
Koramco Anchor REIT, established in 2020 with 465 billion won from the Ministry of Land, Infrastructure and Transport through the housing & urban fund, is the country's first blind fund–type REIT. The government (housing & urban fund) is currently the largest shareholder with 96.77% equity, and Koramco REITs Management and Trust holds 3.23%.
The REIT was set up to address low liquidity in the REIT market. It has generally invested through pre-IPO equity investments or rights offerings before listing. As of June, REITs held by Koramco Anchor REIT included IGIS Residence REIT (15.81%), IGIS Value Plus REIT (13.70%), D&D Platform REIT (11.31%), Shinhan Global Active REIT (11.86%), and E KOCREF corporate restructuring REIT (6.80%).
After the ministry allowed Koramco Anchor REIT to trade on the exchange in June last year, its investment strategy changed. With the recent market boom, it can now aim for market-stabilizing effects through on-exchange trading. Koramco Anchor REIT issued 50 billion won in corporate bonds to secure funds for on-exchange trading and recently selected Daishin Asset Management as its delegated manager (GP).
Through this, Koramco Anchor REIT plans to directly supply liquidity to listed REITs and help activate transactions through asset managers. An industry source explained that, since the fund changed its strategy from focusing on REITs scheduled to list, adjustments to existing investments are likely to continue.