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Corporate News

KIP-REIT gets nod for mall buy

KUALA LUMPUR: KIP Real Estate Investment Trust (REIT) has received the green light from unitholders to acquire KIPMall Kota Warisan for RM80mil cash.

The REIT said in a statement the proposed acquisition was one of two proposals approved at its virtual EGM.

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KIPREIT , KIPMallKotaWarisan , retailacquisition , privateplacement , REITexpansion , retailpropertysector , occupancyrate , shopperandtenantmix

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