Principal Activities & Growth Strategies

Principal Activities

Diversification of Portfolio & Increase of AUM

  • Exploring more income producing real estate assets for commercial properties, including industrial facilities, logistic facilities and warehouse facilities.
  • Scaling up operation and targeting to enlarge total AUM to RM2.0 billion within the next 3 years.

Asset Enhancement Initiatives

  • Major enhancements and upgrading works in KIPMall Tampoi.
  • MoU signed with AEON Co (M) Bhd for expansion of AEON Mall Kinta City, Perak.

Revolutionising KIP REIT via Proptech Integration

  • Servedeck Apps to streamline mall operation by offering a comprehensive solution that provide centralised management, real-time monitoring, improved efficiency by automating routine tasks and collects and analyse data for decision-making.
  • Footfall management system - Monitor and analyse consumer behaviour, providing valuable insights that enable more targeted, data-driven leasing strategies and marketing initiatives.

Economic, Environmental, Social and Governance

  • Optimising tax efficiency strategies for unitholders to maximise distribution returns and enhance overall investment value proposition
  • Initiating green building certification process for KIPMall Bangi and KIPMall Tampoi to validate sustainable operational practices
  • Initiating paper usage monitoring system to measure reduction in office consumption following ServeDeck software implementation, tracking digitisation impact on environmental footprint
  • Implementing compliance framework for International Financial Reporting Standards (IFRS) S1 and S2 to enhance sustainability-related financial disclosures and climate risk reporting

KIP REIT Management Sdn Bhd (“REIT Manager”) was established on 18 December 2015 for the purpose of managing KIP REIT, one of Malaysia’s leading real estate investment trusts which focuses on community-centric shopping malls. It principally manages KIP REIT’s assets and liabilities and implements strategic business direction and investment strategies in accordance with KIP REIT’s investment objectives and for the benefit of its unitholders. The REIT Manager is a Capital Market Services Licence holder, regulated by Securities Commission Malaysia (SC).

The REIT Manager is backed by an experienced board of directors (“the Board”), which is entrusted with the responsibility of overseeing the management of KIP REIT’s portfolio. The Board is supported by a diverse team of senior management who is committed to professionally managing KIP REIT’s portfolio.

The REIT Manager regulates activities of fund management in relation to asset management restricted to REITs, which includes investment strategies, and ensures that its conduct is guided by Bursa Malaysia Securities Berhad Main Market Listing Requirements, SC Guidelines on Listed Real Estate Investment Trust and the Malaysian Code on Corporate Governance.

Growth Strategies