Major History
Major Business Milestone
2023
Joon Park appointed as CEO
2022
Acquired license for establishment of REIT AMC
Established REITs Division
Vestas Investment Management Europe established
Established company’s Second blind fund(REF #73 Europe Strategic Allocation Logistics)
Liquidated REF #15 (Amazon Logistics Center)
Liquidated REF #32(DIDIM, Songdo branch), REF #36(DIDIM, Ilsan branch)
2021
Relocation of the head office
Authorization of public offering collective investment business
Liquidated REF #41(Hanaro TNS Namsa Logistics Center)
Liquidated REF #47(Munhak Logistics in Yongin)
Liquidated REF #12(NH Capital Building)
2020
Liquidated REF #21 (Homeplus Pyeongchon Branch)
Liquidated Fountain Valley PFV (Mullae-dong Young City)
Liquidated REF #11 (Good people building)
Launched company’s first blind fund (REF #61 Europe Strategic Allocation Logistics)
2019
Yeon Chang Chung appointed as CEO
AUM reached KRW 8 trillion
Liquidated REF #8 (two offices owned by Hanjin Heavy Industries & Construction in Seoul and Busan)
First overseas investment across Spain, Denmark, Poland, and Hawaii (US)
Liquidated LLC #10 (Center Place)
2018
AUM reached KRW 6 trillion
Launched company’s first domestic logistics fund (REF #41, Hanaro TNS Namsa Logistics centers)
Established overseas logistics portfolio fund (REF #33A/B)
Launched company’s first domestic development fund (REF #36, Didim in Ilsan)
Liquidated REF #3 (The K-Twin Tower: The highest sales price per 3.3m2 in domestic CRE industry)
Liquidated Value-Add domestic equity fund (LLC #5, Metro Tower)
2017
AUM reached KRW 4 trillion
Launched company’s first domestic retail fund (REF #21, Homeplus in Pyeongchon)
Launched company’s first F&B fund (REF # 32 Didim in Songdo)
First forward funding of developing fund (REF #22B Allianz Berlin HQ)
Liquidated domestic office fund (REF #6 Bundang Square)
2016
Acquired license for Investment advisory business
AUM reached KRW 2 trillion
Launched company’s first overseas logistics equity fund (REF #15 UK Amazon Logistics)
Launched company’s first overseas debt fund (REF #16 Hotel Del Coronado)
Launched company’s first special asset fund (REF #19 Crianza Aviation)
2015
Acquired license for Hedge fund investment business
2014
Launched company’s first overseas real estate fund (REF #9 Logistics properties in Japan)
Participated in PFV as an asset manager (AMC)
2013
AUM reached KRW 1 trillion
2012
Established company’s first domestic equity/office fund (REF #3, The-K Twin Tower)
2011
Established REF #1 Fund (Urban housing development in Songpa-gu)
2010
Vestas Investment Management Established;
Acquired license for asset management
business
(Real estate collective investment business)