$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy – Target Price RM1.14

“Maiden Contribution from KIPMall Kota Warisan”

We maintain our Buy recommendation on KIP REIT with an unchanged TP of RM1.14, based on a target yield of 6.75% to our CY25 DPU projection of 7.7sen/unit.

Analyst:
Thiam Chiann Wen
cwthiam@ta.com.my