Products

Get professional financial consulting from Hana Asset Trust.

City Maintenance

Through our abundant real estate development experience and Hana Financial Group's public confidence
and network synergy, we will be there with you for your success.

Advantages of Hana Asset Trust

  • Hana Asset Trust's professional management and support provides city maintenance solutions.
  • Fast Project Execution
    • Fast decision-making through professional
      project management by real estate
      development trust company.
    • Prevent project delays through stable project
      management by professional personnel
      (prevent lawsuits due to procedural defects,
      etc.).
  • Improve Project Feasibility
    • Improve project feasibility and sales through
      design improvement.
    • Cost reduction through review of project cost
      such as construction cost and service cost (a
      trust company with funding power becomes
      the project owner, preventing future increase
      in project cost, construction cost etc.).
  • Transparent Project Management
    • Managed and supervised by the Financial
      Supervisory Service, trust companies
      (financial institutions) can execute the project
      fairly.
    • Resolve distrust and conflict of owners of
      land, etc. through trust company's objective
      execution of project.
  • Smooth Project Financing
    • Funding by the trust company from initial
      project cost to settlement, enables smooth
      project execution.
    • Project can proceed without delay or
      interruption, despite unexpected
      circumstance such as poor sales and
      construction company's default.

Project Operator Method
and Project Agent Method

city maintenance is divided into the project operator method in which the trust company becomes the project operator
without the need for association establishment procedure (execution committee, association's inauguration meeting,
etc.), and the project agent method that enables professional and stable operation on behalf of the association.

Project operator method

When association is not established

  • 01 At least 75% of the owners of land registry consent
    • Reconstruction : 1/2 by registry, 3/4 of total (owner, area)
    • Redevelopment : 1/2 of area, 3/4 of total (owner)
    • Street houses : 1/2 by registry, 4/5 of total (owner), 2/3 of total (area)
  • 02 Trust for 1/3 or more land area

The real estate trust company directly
operates the project from the initial stage of
city maintenance, allowing for speedy progress!

Project agent method

When association is established

  • 01 A majority (at least half) of the association members consent
  • 02 Trust for 1/3 or more land area

Appropriate where an association has been
established but speedy project execution,
expertise and financing are required!

Procedure of trust-type
city maintenance project

City maintenance that requires a long project period and expertise!
Trust-type city maintenance enables faster, smoother project execution.

  1. Establishment of city maintenance plan and designate zone
    1. Approval of Execution Committee
    2. Approval of establishment of association
  2. Designation of project operator
  3. Selection of construction company
  4. Construction review / project approval
  5. Sale application
  6. Approval of management disposition
  7. Start moving / demolition / construction
  8. Completion approval / transfer notice