- Gaja Madah Plaza, Cibubur Junction, and The Plaza Semanggi located in Jakarta.
- Mall Lippo Cikarang and Ekalokasari Plaza located in Greater Jakarta.
- Bandung Indah Plaza and Istana Plaza located in Bandung.
By: Kleer
Closing date of application: 15 November 2007
Commencement of trading: 19 November 2007
Lippo-Mapletree Indonesia Retail Trust (LMIR) is established with the principal objective of investing in a diversified portfolio of income producing real estate in Indonesia that is used for retail or retail related purposes.
It will have an initial portfolio of 7 retail mall properties and 7 retail spaces located in other retail malls currently valued at approx. S$1 billion, with an occupancy rate of 91.6%.
The properties consist of: