KIP REIT REAL ESTATE INVESTMENT TRUST (1169638-M)

SALIENT FEATURES

TYPE OF REIT:RETAIL

REIT MANAGER: KIP REIT MANAGEMENT SDN BHD

REIT TRUSTEE: PACIFIC TRUSTEE BERHAD

PORTFOLIO:

  1. KiP Mart Tampoi is a single-storey retail centre with a mezzanine floor which has commenced operations since 23 December 2004. KiP Mart Tampoi has an LA of 163,615 sq ft as at 29 February 2016 and is located on 452,191 sq ft of land within a residential area known as Taman Tampoi Indah, Johor Bahru;
  2. KiP Mart Kota Tinggi is a single-storey retail centre with a mezzanine floor which has commenced operations since 7 November 2008. KiP Mart Kota Tinggi has an LA of 75,956 sq ft as at 29 February 2016 and is located on 168,111 sq ft of land along Jalan Maju, Kota Tinggi;
  3. KiP Mart Masai is a single-storey retail centre with a mezzanine floor which has commenced operations since 25 January 2011. KiP Mart Masai has an LA of 144,252 sq ft as at 29 February 2016 and is located on 472,757 sq ft of land in Taman Bukit Dahlia, Pasir Gudang;
  4. KiP Mart Lavender Senawang is a single-storey retail centre with a mezzanine floor which has commenced operations since 18 December 2012. KiP Mart Lavender Senawang has an LA of 115,640 sq ft as at 29 February 2016 and is located on 438,414 sq ft of land within the Lavender Heights township area, Seremban;
  5. KiP Mart Melaka is a two-storey retail centre which has commenced operations since 26 March 2014. KiP Mart Melaka has an LA of 183,660 sq ft as at 29 February 2016 and is located on 380,310 sq ft of land in the Batu Berendam industrial area in Melaka; and
  6. KiP Mall Bangi is a five-storey shopping centre with one level of mezzanine floor and two levels of basement car park which was acquired by the Vendor on 26 March 2015. KiP Mall Bangi has an LA of 260,674 sq ft as at 29 February 2016 and is located on 92,817 sq ft of land along Jalan Medan Bangi, Bandar Baru Bangi.

The ‘KiP Mart’ name today is well established in Johor as a one-stop community-centric retail centre catering to communities within the low to medium income group. Each KiP Mart has a wide range of retailers which include a combination of a wet market, supermarkets, general merchandise stores, convenience stores, boutiques, telecommunication shops, gold smith and jewellery shops and food courts. In addition to that, KiP Mart provides facilities such as ATM services, money changer, family entertainment area, push-cart kiosks, promotion areas and free parking space. KiP Mart also organises regular promotional events offering attractive prizes to attract shoppers.

KiP Mall Bangi is a five-storey shopping centre catering to communities within the low to medium income groups. The range of retailers and facilities in KiP Mall Bangi are similar to those of KiP Marts’. KiP Mall Bangi also provides recreational facilities such as a bowling centre.