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Real Estate

Under the portfolio diversification strategy, the NPS constantly expands its exposure to alternative assets including real estate, infrastructure and private equities, etc.

Overview

(in trillion won, as of the end of Q4 in 2023)
Overview

Asset Value of the Real Estate 49.2, Weight in the Total Fund 5.0%, Portion of the Alternatives 30.0%

Overview (Unit: KRW in Trillion)
year Alternatives Real Estate
2018 76.6 28.3
2019 84.3 31.2
2020 90.7 31.3
2021 119.3 38.0
2022 146.2 46.4
2023. 4Q 164.2 49.2
Note:
  • Until a fund management assessment is completed, preliminary estimates are provided.
  • The figures above might not add up due to rounding.

Type/Geography Composition

(As of the end of 2022)
Real Estate Portfolio Breakdown Sector Diagram - 
					Type is Project : 34.4%, fund : 65.6%, Region is Domestic : 13.5%, Overseas : 86.5%.
					Overseas Market is Asia*: 20.5%, Europe: 24.8%, Americas : 38.8%, Global : 15.9%
Note:
  • Data on assets by sector, geography, issuer or type as of the end of the fiscal year is disclosed in the third quarter of the following year according to Article 25 of the Guideline for National Pension Fund Management and Article 39 of the Regulation on National Pension Fund Management.
  • The figures above might not add up due to rounding.