Malaysia
· Delayed Price · Currency is MYR KIP Real Estate Investment Trust Company Description
KIP Real Estate Investment Trust (“KIP REIT”) was listed on the Main Market of Bursa Malaysia Securities Berhad on 6 February 2017, with its principal activity being investing in a portfolio of retail real estate properties.
All properties are strategically located in suburban areas, concentrated in residential, commercial, and industrial zones within a five-kilometre radius of catchment areas.
Following a change in its investment policy on 12 October 2020, KIP REIT is now able to invest in real estate used for retail, industrial, and commercial purposes to enhance its portfolio.
KIP REIT currently has a portfolio of 14 properties, comprising 4 industrial properties in Pulau Indah, Port Klang, and Cheras Jaya, 7 KIPMalls located in Bangi, Tampoi, Kota Tinggi, Masai, Senawang, Melaka, and Kota Warisan, plus AEON Mall Kinta City in Ipoh, TF Value-Mart in Gerik, Perak, and D’Pulze Shopping Centre in Cyberjaya.
Currently, KIP REIT has a total net lettable area of over 2.54 million square feet and total properties valued at approximately RM1.4 billion.
| Country | Malaysia |
| Founded | 2016 |
| Industry | Real Estate Investment Trusts |
| Employees | 108 |
| CEO | Pui Ong |
Contact Details
Address: Unit B-6, Block B Kuala Lumpur, 68100 Malaysia | |
| Phone | 603 6259 1133 |
| Website | kipreit.com.my |
Stock Details
| Ticker Symbol | KIPREIT |
| Exchange | Bursa Malaysia |
| Fiscal Year | July - June |
| Reporting Currency | MYR |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Pui Ong | Chief Executive Officer |
| Boon Lim | Chief Financial Officer |