KUALA LUMPUR: KIP Real Estate Investment Trust
’s (KIP REIT) trustee, Pacific Trustees Bhd, has completed its acquisition of an industrial property in Bintulu, Sarawak, for a total purchase consideration of RM28.7 million.
This acquisition makes the group’s first expansion into East Malaysia, underscoring its commitment to broadening its geographical footprint and reinforcing its long-term growth strategy.
