KIP-REIT buys mall in Kota Warisan for RM80mil

PETALING JAYA: KIP Real Estate Investment Trust (KIP-REIT) has proposed to buy the KIPMall Kota Warisan to enhance the diversification of KIP-REIT’s portfolio of retail investment properties.

The property will cost RM80mil and bought from Cahaya Serijaya Sdn Bhd, the company said.

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kip-reit , retail , acquisition , investment , property , diversification , yield , financing , gearing

   

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