KIP REIT was listed on 6 February 2017 and thus, is the latest addition of REITs to be added on Bursa Malaysia. It is a retail REIT that invests in malls which are catered to low-to-middle income shoppers in towns across Peninsula Malaysia. Presently, it has a portfolio worth RM 585 million. In this article, I’ll share 9 key things that you need to know about KIP REIT before investing.

#1: Stock Symbol

Ticker Symbol: KLSE: KIPREIT / KLSE: 5280

Market Capitalization: RM 424.5 million

Share Price: RM 0.84 (1 October 2018)

Industry: REIT

Syariah Compliant: Nope.

#2: The Business

It has six properties in its portfolio. They are:

  1. KiP Mart Masai
    It is a leasehold retail mall located in Masai worth RM 160 million. As at 30 June 2018, it enjoys a 93.8% occupancy rate with 254 tenants. It has generated a total of RM 16….