The increase was due to the income from the newly acquired Lippo Mall Puri, which contributed $8.2 million to rental revenue and $10.3 million to gross revenue for the quarter.
The manager of Lippo Malls Indonesia Retail Trust (LMIRT) reported a distribution per unit (DPU) of 0.09 cents for 3Q21 ended Sept, a 28.6% increase y-o-y.
Rental revenue and gross revenue for the period grew 16.2% and 7.0% y-o-y to $17.7 million and $30.9 million respectively.
