KIP-REIT sets sights on RM1.5bil portfolio by 2028

PETALING JAYA: KIP Real Estate Investment Trust (KIP-REIT) remains hopeful of the potential to expand its industrial-asset portfolio and secure long-term, stable tenancies, given the anticipated strong performance of the industrial sector.

In the long term, KIP-REIT’s management team has set a target of increasing the portfolio’s value to RM1.5bil over the next five years.