KIP REIT’s net profit rises to RM10.4mil in 1Q24

KIP REIT chief executive officer Valerie Ong Pui Shan

KUALA LUMPUR: KIP Real Estate Investment Trust (REIT) will focus on retail for growth but is open to improving its industrial portfolio when the right chance comes along.

“The retail segment will remain as the primary engine of growth for KIP REIT. That said, we are on the lookout to enhance our industrial portfolio if the right opportunity arises,” chief executive officer Valerie Ong Pui Shan said in a statement.