Lippo Malls Indonesia Retail Trust is a Singapore-based real estate investment trust with a diversified portfolio of income producing retail and retail-related properties in Indonesia.
Additional info from SGX:
The Manager, Lippo-Mapletree Indonesia Retail Trust Management Ltd was
incorporated in Singapore on 3 May 2007.
LMIR Trust is a Singapore-based real estate investment trust established with
the principal investment objective of owning and investing on a long-term basis
in a diversified portfolio of income-producing real estate in Indonesia that
are primarily used for retail and/or retail-related purposes, and real estate
related assets in connection with the foregoing purposes. The Properties are
strategically located in major cities of Indonesia with large population
catchment areas and are accessible via major transportation routes and highways.
Retail Malls
As at Listing Date, LMIR Trust’s property portfolio will comprise seven Retail
Malls with a NLA of 219,382 sq m. Five of the Retail Malls are located in
Bogor,
Depok, Tangerang and Bekasi (“Greater Jakarta”) and the remaining two in
Bandung, the fourth largest populated city in Indonesia. Its initial property
portfolio comprises the following seven retail malls:
1. Gajah Mada Plaza
2. Cibubur Junction
3. The Plaza Semanggi
4. Mal Lippo Cikarang
5. Ekalokasari Plaza
6. Bandung Indah Plaza
7. Istana Plaza
Retail Spaces
The Retail Spaces occupy a total NLA of 94,070 sq m and are strategically
located as anchor spaces within retail malls. Three of the seven Retail Spaces
are located within Greater Jakarta and four are situated in the major cities of
Semarang, Medan, Madiun and Malang. Its initial property portfolio comprises
the following seven retail malls:
1. Mall WTC Matahari Units
2. Metropolis Town Square Units
3. Depok Town Square Units
4. Java Supermall Units
5. Malang Town Square Units
6. Plaza Madiun
7. Grand Palladium Medan Units
Additional info from OTC:
Lippo Malls Indonesia Retail Trust is a Singapore-based real estate investment trust with a diversified portfolio of income producing retail and retail-related properties in Indonesia. |