Basic Profile & Key Statistics Lippo Malls Indonesia Retail Trust (LMIRT) invests in retail properties in Indonesia. Lease Profile Occupancy is low at 88.2%. WALE is slightly short at 3.8 years, note that its WALE is weighted by NLA. From the latest presentation, 36.3% of the lease will be expiring in 2024 and beyond without breakdown, if we consider before 2024, then the highest lease expiry of 13.7% falls in this year as well as year 2022. All of its income is received in IDR. Weighed average land lease expiry is short at 33.3 years. Debt Profile Gearing ratio is healthy at 35.7%. Cost of debt is high at 5.8%, which is very normal in developing countries. Fixed-rate debt is high at 95.2%, which is less favorable in a low-interest environment unless fixed-rate at low cost of debt. 100% of its debt is unsecured. Interest cover ratio is low at 3.33 times. WADE is moderate at 2.8 years where the highest debt maturity of around 50% falls in the year 2024....