LMIR Trust's portfolio comprises eight high-quality retail malls and seven retail spaces located within other malls with a combined net lettable area ("NLA") of 403,632 sqm and valuation of S$1.056 billion. Strategically located within large urban middle-class population catchment areas such as in Greater Jakarta, Bandung and Medan. LMIR Trust's properties are everyday malls favoured by middle income to upper-middle income domestic consumers in Indonesia. Top tenants include well known international and domestic retailers and brand names, such as Matahari
Department Store, Hypermart, Giant Hypermarket, Centro, Gramedia Bookstore, Ace Hardware, SOGO, Timezone and Studio 21 Cinema.
The Sponsor of LMIR Trust is PT. Lippo Karawaci Tbk, Indonesia's largest listed property company and an internationally recognized corporation with a recognized track record and dominant position within the retail property industry in Indonesia.
Dated : 24 Apr 2014
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