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, 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-kilometer 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 20 properties, comprising 6 industrial properties in Pulau Indah, Port Klang, Cheras Jaya, Bintulu and Pasir Gudang; 9 KIPMalls located in Bangi, Tampoi, Kota Tinggi, Masai, Senawang, Melaka, Kota Warisan, Desa Coalfields, Setapak; AEON Mall Kinta City in Ipoh, TF Value-Mart in Gerik, Perak; D’Pulze Shopping Centre in Cyberjaya, Lotus’s Indera Mahkota and KIP Kuantan shoplots.
Currently, KIP REIT has a total net lettable area of over 3.8 million square feet and total properties valued at approximately RM2.2 billion.
KIP Real Estate Investment Trust was established in November 11, 2016, and incorporated in Malaysia.
| Country | Malaysia |
| Founded | 2016 |
| Industry | Real Estate Investment Trusts |
| Employees | 180 |
| 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 |
| ISIN Number | MYL5280TO001 |
| SIC Code | 6798 |
Key Executives
| Name | Position |
|---|---|
| Pui Ong | Chief Executive Officer |
| Boon Lim | Chief Financial Officer |