Overview
Description
Lippo Malls Indonesia Retail Trust (LMIR Trust) is a real estate investment trust (REIT) focused on retail properties in Indonesia. Its primary function is to manage a diverse portfolio of income-producing retail properties across the Indonesian archipelago. With a strategy aimed at capitalizing on Indonesia's urbanization and rising consumer demand, LMIR Trust holds assets primarily located in major cities such as Jakarta and Surabaya, attracting both national and international retailers.
Key characteristics of LMIR Trust include its diversified property portfolio encompassing popular malls and retail spaces that cater to a wide range of consumers. This REIT is instrumental in facilitating a modern retail experience in Indonesia by offering locations for various shopping, dining, and entertainment activities that meet the demands of an evolving market.
In the financial market context, LMIR Trust plays a crucial role in providing investment opportunities within the Indonesian retail sector. Beyond just offering potential returns to its investors, it contributes significantly to the economic development and commercial expansion of Indonesia, highlighting the appeal of Southeast Asia's largest economy to global and regional investors.
About
CEO
Mr. Chee Seng Liew
Employees
—
Address
6 Shenton Way
#40-05 OUE Downtown 1
Singapore, 068809
#40-05 OUE Downtown 1
Singapore, 068809
Phone
65 6410 9138
Website
Instrument type
REIT
Sector
Real Estate
Industry
REIT - Retail
Country
Singapore
MIC code
XSES