KIP REIT asset, KIPMall Desa Coalfields. (Photo: Google Maps)

KIP REIT unveiled plans on 9 April 2025 to acquire four commercial properties across Selangor and Pahang for a total cash consideration of MYR 118 million.

These acquisitions will be funded by the REIT partially through a proposed placement of up to 160 million new units.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.