After holding Lippo Malls Indonesia Retail Trust for almost 5 years, I have sold it off for a profit of 46.7%. This is inclusive of dividends collected over the years. Lippo Malls currently makes up only 2% of my entire stock portfolio.
Below are the reasons why I sold off Lippo Malls Indonesia Retail Trust
- As Lippo Malls Indonesia Retail Trust assets are primarily focus on malls in Indonesia, the volatility of the foreign exchange may impact the foreign loans and distributions per unit.
- As Lippo Malls Indonesia Retail Trust makes up a petite 2% of my stock portfolio, I am selling it off as part of restructuring or organizing my stock portfolio. Too many small fragments makes it hard to manage and I have to spent considerably time to review and read the performance each quarter.
- Lippo Malls Trust has land leases that is an average of 17 …