Kip REIT 2021 Annual Report with Sustainability Disclosures
Company: Kip REIT
Sector: Real estate
Country: Malaysia
Year: 2021
Type: Annual Report with Sustainability Disclosures
Pages: 131
The report reviews KIP REIT's FY2021 performance amid Covid-19 disruptions, highlighting RM74,249,000 in gross revenue and RM56,662,000 in net property income. It describes ESG measures including sanitisation, social distancing and rotational work arrangements across the portfolio. The sustainability statement reports 10 Manager employees and 83 Service Provider employees, and six KIPMalls generated 3,833,043 KwH from renewable resources. It also notes completed asset enhancement works at KIPMall Masai and approved initiatives at KIPMall Bangi and Tampoi.
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