KIP REIT acquires KIPMall Kota Warisan for RM80mil


KUALA LUMPUR: Pacific Trustees Bhd, the trustee of KIP Real Estate Investment Trust (KIP REIT), has entered into a conditional sale and purchase agreement to acquire KIPMall Kota Warisan from Cahaya Serijaya Sdn Bhd for RM80mil.

The acquisition is pursuant to a right of first refusal granted to Pacific Trustees in 2016.

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