Company Profile
KIP Real Estate Investment Trust was listed on the Main Market of Bursa Malaysia Securities Berhad. With its principal activity being invested 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 18 properties, comprising 6 industrial properties in Pulau Indah(3), Cheras Jaya, Bintulu and Pasir Gudang.
Its portfolio also includes 8 KIPMalls located in Bangi, Tampoi, Kota Tinggi, Masai, Senawang, Melaka, Kota Warisan, Desa Coalfields, AEON Mall Kinta City in Ipoh, TF Value-Mart in Gerik, Perak, and D'Pulze Shopping Centre in Cyberjaya and KIP Kuantan.
Currently, KIP REIT has a total net lettable area of over 3.2 million square feet and total properties valued at approximately RM1.7 billion. KIP Real Estate Investment Trust was incorporated in 2016 in Malaysia.