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Business

KIP REIT completes acquisition of KIPMall Kota Warisan for RM80mil

KIP REIT chief executive officer Valerie Ong Pui Shan

KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT) has completed the acquisition of KIPMall Kota Warisan from Cahaya Serijaya Sdn Bhd for RM80mil.

This latest mall will expand KIP REIT’s portfolio to 11 assets, comprising AEON Mall Kinta City in Ipoh, the six existing KIPMalls in Bangi, Tampoi, Kota Tinggi, Masai, Senawang and Melaka, and the three industrial properties in Pulau Indah, Port Klang.

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