KiP REIT eyes more acquisitions

  • Property Premium
  • Friday, 28 Sep 2018

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.”

Article type: metered
User access status: 3
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Business , KiP Reit , portfolio , acquisitions , Ipoh , Mall , Valerie Ong , Chan , Chew ,


Next In Business News

ASNB to temporarily suspend transactions, services from June 4 to 7 Premium
IOI Properties posts net profit of RM59.7mil in 3Q Premium
Pos Malaysia posts lower net loss for 1Q at RM30.37mil Premium
Genting Plantations 1Q net profit surges 83% Premium
Supermax 3Q profit takes a hit due to WRO, lower selling prices Premium
Axiata slips into the red Premium
Ringgit ends slightly better against greenback Premium
TM 1Q net profit rises 4.4% to RM339.8mil Premium
UEM Sunrise swings back into profit in 1Q Premium
Affin Bank shareholders give the nod to AHAM divestment Premium

Others Also Read