Kip Real Estate Investment Trust

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)
Research Report by TA

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

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

"Acquiring Four Industrial Properties for RM98.3mn"

We maintain our Buy recommendation on KIP REIT with an unchanged target price of RM1.15, based on a CY25 target yield of 6.75%.

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

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

"Acquiring Hypermarket in Gerik for RM14.8mn”

We maintain our Buy recommendation on KIP REIT with an unchanged target price of RM1.15, based on a CY25 target yield of 6.75%.

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

Top 5 Dividend Yield REITs in Bursa Malaysia 🏢🏘

Real estate investment trusts (REITs) are trust funds that own, operate, or finance income-producing real estate across various sectors such as retail, hotels, industrials, offices, healthcare institutions, warehouses and more.

Investing in REITs allows Stockbitors to earn income from real estate without needing to buy, manage, or finance the properties yourself. REITs are required to pay out at least 90% of their income to unit holders, generally resulting in high dividend yields, along with the potential for long-term capital appreciation as the value of real estate or the rent increases.

Today, we've filtered for 5 REITs in Bursa with the highest trailing dividend yields! Are the dividend yields sustainable? Do any of them interest you?

Let us know in the comment section below!

$HEKTAR / 5121 (HEKTAR REAL ESTATE INVESTMENT TRUST) $SENTRAL / 5123 (SENTRAL REIT) $IGBCR / 5299 (IGB COMMERCIAL REAL ESTATE INVESTMENT TRUST) $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST) $UOAREIT / 5110 (UOA REAL ESTATE INVESTMENT TRUST)

$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

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

Changes in Sub. S-hldr's Int (Section 138 of CA 2016) - DATO ONG CHOO MENG

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period

KIP REIT ATTAINS HIGHEST AAA RATING FROM RAM RATING

website: https://cutt.ly/xepBarTx
FB: https://cutt.ly/xepBatiJ

KIP REIT $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

Change in Principal Officer - MADAM LIM BOON BOON

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSKIP REAL ESTATE INVESTMENT TRUST ("KIP REIT")
I. PROPOSED ACQUISITION;
II. PROPOSED PLACEMENT; AND
III. PROPOSED PLACEMENT TO DATO ONG KOOK LIONG
(COLLECTIVELY THE PROPOSALS)

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy – TP of MYR 1.14

“Acquiring DPulze Shopping Centre for RM320mn”

KIP REIT has proposed to acquire DPulze Shopping Centre for RM320mn. Separately, the trust has proposed to undertake a placement of new units up to 180mn to raise up to RM146.7mn to part finance the proposed acquisition. We are optimistic about this acquisition because it aligns with its goal to scale up operations and increase total asset under management to RM2.0bn in the next three years. We leave our earnings forecasts unchanged, pending finalisation and relevant approvals for the proposed acquisition and private placement exercise. Maintain Buy with an unchanged TP of RM1.14/unit based on a target yield of 6.75%.

Analyst(s):
Thiam Chiann Wen
cwthiam@ta.com.my

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

KIP REIT ACQUIRES RETAIL PROPERTY ASSET IN LANDMARK DEAL

website: https://cutt.ly/teyW7tJo
FB: https://cutt.ly/TeyW7ywQ

Bursa Announcement Link: https://cutt.ly/MeyW7yEL

KIP REIT $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) : NON RELATED PARTY TRANSACTIONSKIP REAL ESTATE INVESTMENT TRUST ("KIP REIT")
I.PROPOSED ACQUISITION;
II. PROPOSED PLACEMENT; AND
III. PROPOSED PLACEMENT TO DATO' ONG KOOK LIONG

(COLLECTIVELY, "PROPOSALS")

Top 5 Dividend Yield REITs in Bursa Malaysia 🏢 🏘

Real Estate Investment Trusts (REITs) can be a valuable addition to an investor’s portfolio as they allow investors to participate in the real estate market without the need for significant capital or the responsibilities of property ownership. REITs are required to pay out at least 90% of distributable income to unitholders, so many investors flock to REITs for their regular dividend pay outs as part of a balanced portfolio.

Here, we have screened for the 5 highest Dividend Yielding REITs in Bursa! However, do bear in mind that DY is a lagging indicator and Stockbitors should always do due diligence to ascertain the health of a REIT before making any investing decisions!

$SENTRAL / 5123 (SENTRAL REIT) $HEKTAR / 5121 (HEKTAR REAL ESTATE INVESTMENT TRUST) $YTLREIT / 5109 (YTL HOSPITALITY REIT) $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST) $UOAREIT / 5110 (UOA REAL ESTATE INVESTMENT TRUST)

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

KIP REIT Q3 FY2024 RESULTS
KIP REIT $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

$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

KIPREIT - Notice of Book Closure

KIP REIT’S 9MFY2024 PAT SURGES 13.9% TO RM31.3 MILLION

website: https://cutt.ly/Nw6ySowf
FB: https://cutt.ly/Uw6ySof5

Bursa Announcement Link: https://cutt.ly/Mw6ySoSX

https://cutt.ly/mw6ySpe5

KIPREIT MANAGEMENT SDN BHD $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

OTHERSKIP Real Estate Investment Trust ("KIP REIT") - Press Release

Income Distribution

Quarterly rpt on consolidated results for the financial period ended 31/03/2024

NET ASSET VALUE / INDICATIVE OPTIMUM PORTFOLIO VALUE

$KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)
Research by TA
Buy - TP of MYR1.14

“Resilient Community Mall Portfolio”

We expect KIPREIT’s 3QFY24 results will show a stronger QoQ performance, ranging from RM11-12mn, primarily driven by the maiden contribution from the newly acquired KIPMall Kota Warisan. We are sanguine about the outlook for KIPREIT due to (i) the resilience of its community mall portfolio, (ii) promising opportunities for growth through acquisitions, and (iii) the above-sector average distribution yield. No change to our earnings forecasts. Rolling forward our valuation base year to CY25, we arrive at a new TP of RM1.14/share, based on an unchanged target yield of 6.75%. Reiterate Buy.

Analyst(s):
Thiam Chiann Wen
cwthiam@ta.com.my

DEALINGS IN LISTED SECURITIES (CHAPTER 14 OF LISTING REQUIREMENTS) : Intention to Deal During Closed Period

KIP REIT UNVEILS NEW LOGO, EMBRACING GROWTH AND SUSTAINABILITY INITIATIVES

website: https://cutt.ly/SwM8VmJq
FB: https://cutt.ly/7wM8Vm5Z

Bursa Announcement Link:
https://cutt.ly/9wM8VQYo

KIP REIT $KIPREIT / 5280 (KIP REAL ESTATE INVESTMENT TRUST)

OTHERSKIP Real Estate Investment Trust ("KIP REIT") - Press Release