Hana Securities said on the 10th that it signed a strategic memorandum of understanding (MOU) with the U.S. real estate investment platform company BuildBlock to advance global asset management services.
Through this agreement, Hana Securities plans to strengthen the provision of U.S. real estate investment information and investment advisory services for family office and high-net-worth asset clients, and to enhance the competitiveness of its global asset management services.
The main points of the agreement are: ▲ providing a one-stop solution for U.S. real estate investment, ▲ strengthening information sharing and advisory services for overseas real estate investment, ▲ advancing global asset management services, and ▲ creating synergy and increasing assets by sharing the customer networks of both companies.
BuildBlock is a real estate specialist company headquartered in Silicon Valley in the United States, providing an end-to-end solution from real estate purchase advisory to construction, after-service management, and overseas investment filings.
Hana Financial Group is participating as a major shareholder, and as of the first quarter of this year, it manages about 750 billion won in assets under management (AUM) in the United States.
Kang Seong-muk, CEO of Hana Securities, said, "This agreement will serve as an opportunity for Hana Securities to provide more differentiated and professional investment solutions to customers in the global asset management market," and added, "We will continue to solidify our presence in the global investment market by combining BuildBlock's on-the-ground expertise with Hana Securities' asset management capabilities." he said.