Malaysia
ASSET ENHANCEMENTS SET TO BOLSTER KIP-REIT
Petaling Jaya, 19 January 2026 – KIP Real Estate Investment Trust (KIP-REIT)’s asset enhancement initiative at KIPMall Tampoi in Johor Baru is nearing completion and set for a grand opening next month, with TA Research noting that while net lettable area is unchanged, the upgrade should lift rentals and operating efficiency through a refreshed neighbourhood mall concept. Potential income upside is expected from higher gross-turnover rent, increased parking income and new tenants, alongside enhanced community and promotional spaces. KIP-REIT is targeting assets under management of RM2 billion (approximately EUR 420,132,000 EUR) by next year, supported by recent retail and industrial acquisitions, while its Environmental, Social and Governance (ESG) rating was upgraded to four stars following improvements in climate risk assessment, ESG-linked financing and index inclusion. TA Research remains positive on the REIT’s growth and asset enhancement.Source - https://www.thestar.com.my/business/business-news/2026/01/19/asset-enhancements-set-to-bolster-kip-reit (ICE KUALA LUMPUR)
Fonte notizia: 19 gennaio 2026, Kuala Lumpur
