KIP REIT exploring third-party asset options

KUALA LUMPUR (Sept 27): KIP Real Estate Investment Trust (REIT) said it has options on the table to acquire more third-party ready assets, upon the successful addition of its first external asset, AEON Mall Kinta City in Ipoh, Perak to its portfolio.

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WCT says REIT listing may be deferred to 2019

PETALING JAYA (June 6): The planned listing of WCT Holdings Bhd's real estate investment trust (REIT) may be deferred to 2019 pending the outcome of a legal dispute between WCT's indirect wholly-owned subsidiary Gemilang Waras Sdn Bhd and Aeon Co (M) Bhd.

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Perda City Mall in Bukit Mertajam for sale

PETALING JAYA (March 31): Perda City Mall — formerly known as AEON Seberang Prai City Shopping Centre — has been put up for sale, with industry sources saying the 10-year-old shopping centre could fetch between RM300 million and RM500 million, reported The Edge weekly.

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