$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy – TP RM1.15

“Resilience of Essential Retail Amid Rising Living Costs"

We maintain our Buy recommendation on KIP REIT with a revised TP of RM1.15 (previously RM1.14), based on an unchanged target yield of 6.75%.

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