Bandung Indah Plaza

www.yourlippomall.com/mall/bip

Description
Bandung Indah Plaza is a four storey with three basement levels retail mall with a carpark comprising 602 parking lots. It is located strategically in the heart of the CBD of Bandung, the fourth most populous city in Indonesia. The retail mall is easily accessible from Jalan Merdeka, a major road which connects North Bandung to South Bandung, and is surrounded by commercial buildings and middle to upper income residential areas. It is also attached to Hyatt Regency Hotel, one of the leading five-star hotels in Bandung. Bandung Indah Plaza is anchored by Matahari Department Store, Hypermart, a bookstore, a cinema and supported by a list of international and local tenants.

Tenant profile
As at 30 June 2009, Bandung Indah Plaza has 214 retail tenants based on Committed Leases. The mall provides a one-stop shopping destination with a comprehensive tenant mix of everyday convenience retailers. The mall is well positioned to cater to the youth market, which has strong demand in central Bandung due to the student population from nearby universities.

The ground floor of the mall is anchored by Hypermart, which accounts for 16.7% of total NLA. This level also includes F&B outlets such as McDonald’s and Starbucks, and fashion and accessories retailers such as Quicksilver and Giordano.

The first level of the mall is anchored by Matahari Department Store, which accounts for 22.6% of total NLA. Youth fashion retailers such as City Surf and Levis are also well represented. The second level of the mall is anchored by Matahari Department Store and Toko Gunung Agung bookstore. Lifestyle retailers include Extreme Store and MG Music. The third level of the mall comprises Studio 21 Cinema (which has six screens), Timezone and a new food court.

As at June 2009, the average monthly rental rate of specialty stores is approximately Rp. 252,000 per sq m / month.

Year of building completion	1990
Land Area	15,779 sq m
Land Title	40 yrs / expiry in Dec 2030
Appraised value by Knight Frank as at 30 November 2008	S$ 87.3 million
GFA as at June 2009	55,198 sqm
NLA as at June 2009	30,231 sq m6
No of Tenants	214
Key tenants	Matahari, Hypermart, Cinema 21
Occupancy rate as at 30 June 2009	99.7 %
Car parking lots	602
Motorcycle parking lots	700

6 Recently completed asset enhancement works have increased the NLA by 3,843 sq m, bringing the total NLA to 30,315 sq m.