KUALA LUMPUR: KIP Real Estate Investment Trust
(KIP REIT) aims to scale up its operation and increase total assets under management to RM2bil in the next three years, according to chief executive officer Valerie Ong Pui Shan.
Therefore, Ong said KIP REIT will continue exploring opportunities for income-producing real estate assets for commercial properties, including industrial facilities, logistic facilities, and warehouse facilities.
“Looking ahead, we maintain a positive outlook, buoyed by the strong performance of our existing property portfolio and strategic initiatives to enhance the leasing and operational efficiencies, coupled with the asset enhancement initiatives that we have put in place while pursuing investments of high-quality,” she said in a statement.
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