![\"Kim](\"https:\/\/www.europesays.com\/korea\/wp-content\/uploads\/2026\/06\/news-p.v1.20260625.345cd8ee36e34413b94ee698e2a48d7e_P1.jpg\"\/ "\\"Korea's")
Kim Seung-bae, head of the Korea Real Estate Development Industry Institute (KREDII), delivers welcoming remarks at a symposium marking KREDII’s founding, held at Oakwood Premier Coex in Seoul on the 25th. \/Courtesy of the Korea Developer Association<\/p>\n
The Korea Real Estate Development Industry Institute (KREDII), the first specialized research institution in the real estate development industry, held a symposium marking its establishment Tuesday at Oakwood Premier COEX in Seoul, presenting strategies for industry restructuring in response to an era of major transition marked by advances in artificial intelligence (AI) technology and demographic changes.<\/p>\n
The symposium, jointly hosted by KREDII and the Korea Developer Association, drew attention as experts and practitioners from industry, academia, and government\u2014including the Ministry of Land, Infrastructure and Transport (MOLIT), the Construction Association of Korea, the Korea Housing Association, the Korea REITs Association, and the Construction & Economy Research Institute of Korea\u2014gathered in one place.<\/p>\n
The keynote presentations also spanned the three pillars of development, construction, and finance. Lee Jin, a research fellow at KREDII who delivered the keynote address, forecast that data center demand would surge 3.5-fold by 2030 due to the spread of AI, and stressed that the role of developers must expand from the existing supply of residential facilities and offices to the supply of industrial infrastructure such as data centers and renewable energy complexes. He also said that the supply of residential facilities must shift from a focus on new housing sites toward performance improvements of existing cities, such as urban regeneration and mixed-use development, urging an evolution toward data-based demand planning rather than relying on past intuition.<\/p>\n
Heo Yoon-kyung, a research fellow at the Construction & Economy Research Institute of Korea, then delivered a presentation titled “Beyond Real Estate, Toward Construction Industry Innovation,” pointing out that Korea’s construction market is vulnerable to economic fluctuations due to its high dependence on housing and pre-sales, and stressing the need for a paradigm shift. Presenting global cases such as the vertical development of Manhattan in New York (Rockefeller University’s River Campus), Japan’s sublease method, and Daiwa House Industry’s vertical integration of the value chain, she suggested, “We must innovate regulation-centered systems into infrastructure-centered building standards.”<\/p>\n
Shin Dong-su, head of the Korea REITs Research Institute, who gave the final presentation, proposed five institutional improvement measures for the growth of domestic REITs. Key contents include allowing the retention of profits from asset sales, simplifying paid-in capital increase procedures, and permitting the securitization of factories within industrial complexes in the Seoul metropolitan area. Shin analyzed the trend among advanced countries such as the United Kingdom, the United States, and Singapore of fostering REITs as national policy partners, and urged the overhaul of domestic systems.<\/p>\n
In the panel discussion that followed, directors of MOLIT’s Real Estate Development Industry Division, Real Estate Investment System Division, and Land Policy Division participated directly, along with experts from development, construction, finance, and academia, to discuss directions for public-private cooperation.<\/p>\n
Kim Seung-bae, president of KREDII, said, “This founding symposium is a starting point for the entities that make up the space-creation ecosystem to end their go-it-alone approach and begin a great alliance.” He added, “Going forward, we will combine the vivid voices of the field with precise data to establish ourselves as a leading think tank that proactively guides national urban policy.”<\/p>\n","protected":false},"excerpt":{"rendered":"Kim Seung-bae, head of the Korea Real Estate Development Industry Institute (KREDII), delivers welcoming remarks at a symposium…\n","protected":false},"author":2,"featured_media":64534,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[35857,35855,35858,35853,35852,7641,35854,35856,112],"class_list":["post-64533","post","type-post","status-publish","format-standard","has-post-thumbnail","category-seoul","tag-construction-industry-innovation","tag-data-center-demand","tag-korea-developer-association","tag-korea-real-estate-development-industry-institute","tag-kredii","tag-molit","tag-real-estate-think-tank","tag-reits-reform","tag-seoul"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=64533"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/64533\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/64534"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=64533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=64533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=64533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}