News about KIP REIT

KUALA LUMPUR (July 8): The co-founder and managing director of KIP Group and KIP REIT Datuk Chew Lak Seong passed away on June 25, 2021.

KUALA LUMPUR (April 20): KIP Real Estate Investment Trust's (KIP REIT) net property income (NPI) for the third quarter ended March 31, 2021 fell 5.

KUALA LUMPUR (Oct 17): KIP Real Estate Investment Trust (KIP REIT)’s net property income jumped 36% to RM13.

KUALA LUMPUR (June 28): KIP Real Estate Investment Trust's wholly-owned special purpose vehicle — KIP REIT Capital Sdn Bhd — is setting up a medium-term notes programme of RM2 billion in nominal value and has lodged the programme with the Securities Commission.

KUALA LUMPUR (April 19): KIP Real Estate Investment Trust (REIT) declared distribution income per unit of 1.

SUNGAI BULOH (March 11): Property developer KIP Group will add four new shopping malls to its portfolio, bringing the total number to 12 over the next three years.

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.

KUALA LUMPUR (Aug 29): KIP Real Estate Investment Trust (KIP REIT) is buying the Aeon Mall Kinta City, a four-storey building, 60,230 sq m property in Jalan Teh Lean Swee, Ipoh, Perak for RM208 million cash.

KUALA LUMPUR (March 1): KIP Real Estate Investment Trust (KIP REIT) chief financial officer (CFO) Chan Heng Wah has been promoted to chief executive officer (CEO) of the company effective immediately.

KUALA LUMPUR (Jan 30): KIP REIT Management Sdn Bhd chief executive officer (CEO) Lim Han Gie has opted not to extend his contract, and will retire from the position tomorrow (Jan 31) at 60 years old.