KUALA LUMPUR: In a stock exchange where real estate investment trusts (REITs) own assets as varied as commercial, office, industrial, hotel and plantation properties, a REIT listing will have to “stand out” in terms of portfolio to get the attention of investors.
KIP REIT believes that owning community-centric retail centres will give it an edge with investors. The REIT debuted on the Main Market at a four-sen premium yesterday on a volume of 1.78 million shares.
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