Setapak

kip reit

KIP REIT’s Setapak Central Mall Acquisition Signals Renewed Confidence In Suburban KL Retail

Setapak Central Mall Is Not Just Another REIT Acquisition KIP REIT’s proposed acquisition of Setapak Central Mall for RM435 million is a useful signal for anyone watching Kuala Lumpur’s retail and property market. At first glance, this may look like a straightforward asset purchase by a real estate investment trust. In reality, the transaction says something more specific about how institutional...