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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Monthly Plan

RM 13.90/month

RM 8.34/month

Billed as RM 8.34 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 7.40/month

Billed as RM 88.80 for the 1st year, RM 148 thereafter.

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KIP REIT , acquisition , KIPMall Kota Warisan

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