KUALA LUMPUR: KIP Real Estate Investment Trust (KIP REIT), the first community-centric retail REIT listed on Bursa Malaysia, said its income in the first quarter ended Sept 30 was boosted by a newly acquired property in Ipoh, Perak.
Net property income (NPI) rose 35.8% to RM13.5mil from a year ago on the back of a revenue growth of 18.6% to RM18.5mil, it said in a statement today.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!