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KIP Real Estate Investment Trust (KIP-REIT) aims to scale up its operations and increase total assets under management to RM2bil in the next three years.
KUALA LUMPUR (April 23): KIP Real Estate Investment Trust (KIP REIT), a trust which mainly manages retail and industrial properties, said its net property income (NPI) for the third quarter rose 10.1% from a year ago, mainly due to stronger performance from its retail properties.
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.
KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) hari ini mengumumkan penyelesaian cadangan pengambilalihan KIPMall Kota Warisan daripada Cahaya Serijaya Sdn Bhd pada harga RM80 juta.Dalam satu kenyataan, ia berkata kawasan boleh disewa bersih KIPMall Kota Warisan seluas ...
KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has completed the acquisition of KIPMall Kota Warisan from Cahaya Serijaya Sdn Bhd for RM80mil.
Strong financial performance of the existing property portfolio amidst continuous efforts to improve leasing and operational initiatives is expected of KIP Real Estate Investment Trust (KIP-REIT) going forward.
KIP Real Estate Investment Trust (KIP-REIT) remains hopeful of the potential to expand its industrial-asset portfolio and secure long-term, stable tenancies, given the anticipated strong performance of the industrial sector.