Lippo Plaza Batu is a retail mall with three levels and one basement level located in Batu City, approximately 20 km northwest of Malang, the second largest city in East Java. Batu city is known mainly for agro and eco-tourism with its numerous apple orchards and strawberry plantations. It also has several natural sights such as caves, waterfalls and nature reserves. The cool temperature and pristine nature makes the city popular for recreational retreats since the Dutch colonial days.
Anchored by Matahari Department Store and Hypermart, the mall has a diverse tenant mix.
Key data as at 31 December 2021
Building Completion Year | 2009 |
Acquisition Date | 7 July 2015 |
Purchase Price (IDR'billion) | 265.0 |
Land Title | HGB |
Land Lease Expiry | 8 June 2031 |
Gross Floor Area (sqm) | 34,340 |
Number of Tenants | 47 |
Key Tenants | Matahari Department Store, Hypermart and Cinepolis |
Car Park Lots | 184 |
Motorcycle Parking Lots | 500 |