KIP Real Estate Investment Trust (“KIP REIT”) was listed on the Main Market of Bursa Malaysia Securities Berhad on 6 February 2017 with its principal activity being investing in a portfolio of retail real estate properties. All properties are strategically located in the suburban areas and concentrated in residential, commercial and industrial areas within a five-kilometre radius of catchment areas. Following the change in its investment policy as of 12 October 2020, KIP REIT will be able to invest in real estate used for retail, industrial and commercial purposes to enhance its portfolio. KIP REIT currently has a portfolio of 11 properties, which comprises 3 industrial properties in Pulau Indah, Port Klang and 7 KIPMalls located in Bangi, Tampoi, Kota Tinggi, Masai, Senawang and Melaka as well as AEON Mall Kinta City in Ipoh. The acquisition of its eighth retail asset, KIPMall Kota Warisan was recently completed in February 2024 with a total net lettable area of over 188,800 square feet. The current total asset under management value is approximately RM1.06 billion.