Hana Securities to Strengthen Real Estate Investment Solutions with U.S. BuildBlock

Hana Securities announced on April 10 that it has signed a "Strategic Business Agreement (MOU) for Advancing Global Asset Management Services" with BuildBlock, a U.S.-based real estate investment platform company.

Sungmook Kang, CEO of Hana Securities (right), and Jiweon Jeong, CEO of Buildblock, are posing for a commemorative photo at the strategic business agreement ceremony for advancing global asset management services held at Hana Securities THE Centerfield W. Hana Securities

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Hana Securities entered into this agreement to enhance the competitiveness of its global asset management services, including strengthening U.S. real estate investment advisory services for family offices and high-net-worth individuals. The agreement includes: ▲ providing a one-stop solution for U.S. real estate investment; ▲ enhancing the sharing of overseas real estate investment information and advisory services; ▲ advancing global asset management services; and ▲ creating synergies and increasing assets by sharing both companies' client networks.

BuildBlock is a company in which Hana Ventures, Hana Securities, and other affiliates of Hana Financial Group are major shareholders, and it provides a one-stop solution including real estate acquisition advisory and investment filing services. As of the first quarter of this year, its assets under management (AUM) in the U.S. amounted to approximately 750 billion won.

Sungmook Kang, CEO of Hana Securities, stated, "By combining BuildBlock's local expertise with Hana Securities' asset management capabilities, we will further strengthen our position in the global investment market."

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