Overview
Lippo-Mapletree Indonesia Retail Trust (LMIR Trust) is a Singapore-based real estate investment trust established with the principal objective of owning and investing on a long-term basis in a diversified portfolio of income producing real estate that are primarily used for retail and/or retail-related purposes.

LMIR Trust's initial asset portfolio comprises seven retail malls and seven retail spaces located within other retail malls. These properties are strategically located in major cities of Indonesia, with large population catchment areas and easy accessibility via major transportation routes and highways. The retail malls are located in Greater Jakarta (an area encapsulated by Jakarta, Bogor, Depok, Tangerang and Bekasi) and Bandung, Indonesia's fourth largest populated city. The retail spaces are located in Greater Jakarta as well as the cities of Semarang, Madiun, Malang and Medan. As at 30 June 2007, the retail malls had an aggregate Net Lettable Area (NLA) of 219,382 sq m while the retail spaces had a total NLA of approximately 94,070 sq m.

The Sponsor of LMIR Trust is PT. Lippo Karawaci Tbk, Indonesia's largest listed property company with a recognized track record and dominant position within the retail and 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 real estate company with an asset base of approximately S$4.5 billion comprising office, logistics, industrial, residential and retail/lifestyle properties.