Listed on the Singapore Stock Exchange on 19 November, 2007, Lippo-Mapletree 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.
LMIR Trust's current portfolio comprises eight retail mall properties and seven retail spaces located within other retail malls. With a combined Nett Lettable Area of 402,632 sq m, the retail malls and retail spaces are strategically located in major cities of Indonesia, and are accessible via major transportation routes and highways. Tenants include leading domestic retailers such as Matahari and Hypermart, as well as international specialty tenants such as Fitness First, Starbucks and McDonald's.
The Sponsor of LMIR Trust is PT. Lippo Karawaci Tbk, Indonesia's largest listed property company and an internationally recognized coporation with a recognized track record and dominant position within the retail property industry in Indonesia.
The Manager of LMIR Trust, Lippo-Mapletree Indonesia Retail Trust Management Ltd. is jointly owned by Lippo Karawaci and the Mapletree Group, a leading Asia-focused real estate capital management company. Headquartered in Singapore, Mapletree has grown its total real estate assets, both owned and managed, to S$11.8 billion today. These comprise office, logistics, industrial and retail/lifestyle properties across Asia.
