The Ministry of Land, Infrastructure and Transport will establish a regular monitoring system for listed real estate investment companies.
On the 7th, the Ministry of Land, Infrastructure and Transport held a '2025 real estate investment trust policy direction industry meeting' to strengthen close communication and management with the REITs sector. About 40 participants attended the meeting, including officials from the Ministry, the Korea Association of Real Estate Investment Trusts, and 14 listed REIT management companies.
At the meeting, the Ministry emphasized the need for proactive management and the establishment of measures to prevent recurrence of asset management issues that recently occurred at some REITs. Additionally, the Ministry plans to designate personnel at all listed REIT management companies to establish a regular monitoring system and to conduct proactive monitoring of REIT trends and inspections.
The Ministry also described trends in legal amendments related to project REITs, plans for revising investment reports, and plans to establish guidelines for REIT boards.
Kim Kyu-cheol, head of the housing and land division at the Ministry, noted that "REITs, which were introduced to enhance national income and industrialize the real estate sector, should operate in a more shareholder-friendly manner and protect investors, thereby strengthening communication and management oversight among REIT management companies."