Lippo-Mapletree Indonesia Retail Trust

Gajah Madah Plaza

Gajah Mada Plaza is a seven storey with one basement level shopping centre and a carpark comprising 885 parking lots. The mall is located prominently in the heart of Jakarta’s Chinatown, an established and well-known commercial area in the city. Situated along Jalan Gajah Mada, one of the main roads in Jakarta, Gajah Mada Plaza is positioned as a one-stop shopping, dining and entertainment destination for middle to upper income families as well as professional executives and students from the offices and schools within its vicinity. The 222 tenancies in the mall provide a diverse and complementary tenant mix anchored by Hypermart and Rimo Department Store. The mall’s strong leisure and entertainment component, which includes a cinema, restaurants, family karaoke outlets, a discotheque, video game centres, a fitness centre and a swimming pool, adds to the overall attractiveness of Gajah Mada Plaza.

Tenant profile
Gajah Mada Plaza has 222 retail tenants, based on Committed Leases as at 30 June 2007. The tenant profile of the mall comprises a diverse set of tenants from a wide variety of industries. The mall is anchored by Hypermart and Rimo Department Store, which occupy approximately 14.5% and 8.0% of the mall’s NLA, respectively. The other prominent tenants include Millennium International Executive Club, which operates as a restaurant during the day and as a discotheque late at night, McDonald’s, Kentucky Fried Chicken and Inul Vista Karaoke.

The mall has a good tenancy mix which caters to the daily needs of its customers. It is also well known for its specialty stores providing products and services such as pets, jewellery, information technology products, dining and entertainment.

Year of building completion	1982
Strata Title Area	37,501 sq m
Appraised value by Knight Frank as at 30 June 2007	S$103.8 million
Appraised value by Colliers as at 30 June 2007	S$117.0 million
GFA as at 30 June 2007	66,160 sq m
NLA as at 30 June 2007	34,278 sq m
Occupancy rate as at 30 June 2007	89.1%
Car parking lots	885
Motorcycle parking lots	665
Population catchment	429,298 households²

2 The figure comprises the number of households within the primary trade area of the relevant Retail Mall (See Appendix F of the LMIR Trust Prospectus ¨C Independent Report on the Indonesian Retail Property Market)