KiP REIT eyes more acquisitions

Financial report: (from left) Chan, Chew, executive director Datuk Eric Ong Kook Liong and chief financial officer Hii Wei Bing going through the annual report at the AGM.

PETALING JAYA: KIP Real Estate Investment Trust (KiP REIT) has plans to diversify their portfolio based on yield rate and is looking for further acquisition of third-party assets following its successful takeover of Aeon Mall Kinta City in Ipoh.

KiP REIT chief executive officer Chan Heng Wah said during its second annual general meeting (AGM) in relation to the REIT’s geographical strategy that “we are exploring everywhere.”