Overview
About KIP REIT
KIP Real Estate Investment Trust (KIP REIT) has been listed on Bursa Malaysia Securities Berhad since 6 February 2017. Originally focused on income-generating retail properties, KIP REIT expanded its investment mandate on 12 October 2020 to include industrial and commercial assets, further strengthening its portfolio of real estate-related assets.
The REIT is managed by KIP REIT Management Sdn Bhd, which is committed to strategic asset management and value-driven investments. KIP REIT’s properties are primarily located in suburban areas, offering convenient and affordable retail experiences across its 10 retail assets and 4 industrial properties.
KIP REIT’s principal investment objective is to deliver regular and stable income distributions to unitholders, supported by sustainable income streams and long-term capital appreciation.
As of 31 March 2025, KIP REIT manages a total net lettable area of 2.54 million square feet, with a total property valuation of RM1.42 billion and a strong occupancy rate of 97.15%, underscoring its operational resilience. KIP REIT is also firmly committed to sustainability, with initiatives such as solar environmental and operational efficiency.
In recognition of its commitment to ESG excellence, KIP REIT is also included in the FTSE4Good Bursa Malaysia Index in 2025, affirming its position as a responsible and forward-looking REIT. KIP REIT was also honoured at the 9th Annual REITs and Real Estate Investment Summit Asia Pacific 2024, winning Best CEO (Malaysia) – Platinum and Best Retail REIT (Malaysia) – Gold under the below USD500 million market capitalisation category. Backed by an experienced management team and a robust balance sheet, KIP REIT remains one of Malaysia’s top-performing REITs, consistently delivering value to its stakeholders.
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8.1%Based on RM0.870 |
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Q1FY2026 vs Q1FY2025 |
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RM40.8 M |
RM29.7 M |
RM17.5 M |
RM17.6 M |
1.80 Sen |
98.3% |
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FY2025 |
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RM136.1 M |
RM96.8 M |
RM51.6 M |
RM52.7 M |
6.80 Sen |
96.7% |
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KIP continued its strong growth momentum into FY2026, supported by solid operational performance and contributions from recent acquisitions.
For Q1FY2026, gross revenue surged 52.6% year-on-year to RM40.8 million, while net property income rose 51.1% to RM29.7 million.
Realised profit after tax increased 73.2%, driving a 68.3% rise in distributable income and a higher distribution per unit of 1.8 sen, up 18.3% year-on-year.
The average occupancy rate improved to 98.3%, underscoring strong tenant retention across the portfolio.
KIP delivered a healthy annualised distribution yield of 8.1%, based on a closing price of RM0.870 as at 29 October 2025, reaffirming its track record of stable and sustainable returns.
Corporate Milestones
KIP REIT was constituted by a Trust Deed entered into between Pacific Trustees Berhad as the REIT Trustee and KIP REIT Managers Sdn Bd as the REIT Manager (subsequently restated on 12 December 2019 following amendments to the Securities Commission Malaysia Listed REITs Guidelines).
KIP REIT commenced trading on Main Market of Bursa Malaysia with an initial portfolio of six community centric malls, five KIPMalls developed and managed by the Sponsors and KIPMall Bangi (third party acquisition prior to listing).
Entered into agreement with the Vendor to purchase AEON Mall Kinta City for a consideration of RM208 million, independent appraised value of AEON Mall Kinta City stood at RM220 million.
Installation of Solar Photovoltaic System to reduce carbon footprint across all KIPMalls on an 80:20 joint venture initiative with Pekat Solar.
KIP REIT’s Medium Term Note Programme of up to RM2.0 billion on a perpetual tenure.
- Completion of AEON Mall Kinta City, appraised value of RM220 million.
- Issuance of first Medium Term Note of RM310 million, of which RM210 has been rated “AAA/Stable” by Ratings by RAM with the remainder of the sum being unrated.
KIP REIT has completed the acquisition of KIPMall Kota Warisan from Cahaya Serijaya Sdn Bhd for RM80mil.
The dynamic design of our new logo reflects KIP REIT’s forward-thinking approach, illustrating our readiness to embrace new challenges and opportunities. The green colour in turn relates to harmony, balance and growth – values that align seamlessly with KIP REIT’s vision moving towards a flourishing future and aspirations.
Less then USD 500 Million in Market Capitalization
Less then USD 500 Million in Market Capitalization
Partnership with CarputZap to install 15 EV chargers at six KIP Malls in Selangor, Melaka, and Johor. Now, EV owners can enjoy convenient and affordable charging while visiting our malls.
TF Value-Mart in Bandar Gerik, Hulu Perak, is a fully occupied single-storey hypermarket with a 60,895 sq ft lettable area, serving the local community reliably.
DPULZE Shopping Centre in Cyberjaya spans 895,675 sq ft, featuring top brands, dining, entertainment, and a 100% occupancy rate, serving the local community.
KIP REIT celebrates winning the Gold Award in the Governance, Reporting & Transparency (SME/Mid-Tier) category at the ESG Positive Impact Awards 2024 and being listed on the FTSE4Good Bursa Malaysia Index.
We are honoured to announce that KIP Real Estate Investment Trust (KIPREIT) achieved a clean sweep in the REIT category at this year’s The Edge Malaysia Centurion Club & Corporate Awards, winning all three prestigious awards:
- Highest Growth in Profit After Tax Over Three Years
- Highest Return on Equity Over Three Years
- Highest Returns to Shareholders Over Three Years
The acquisition of KIPMall Desa Coalfields (30,045 sqm) from Senz Yang Realty Sdn Bhd enhances portfolio resilience with a 99% occupancy rate, expanding KIP’s retail footprint in Selangor.
