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Lippo Mall Puri
REITs
LMIRT's malls in Jakarta to remain open with 50% visitor capacity during social restrictions
The restrictions in Jakarta will take place from September 14 to 27, and may be extended.
September 15, 2020
REITs
LMIRT’s latest acquisition costs more than its market cap and is probably not accretive
As at Aug 31, Lippo Mall Indonesia Retail Trust’s market capitalisation stood at a shade below $340 million. Also on Aug 31, the REIT manager made a bold announcement of an acquisition - to be sure its new flagship property - that bears a total cost of
August 31, 2020
In print this week
LMIRT, First REIT under pressure as acquisitions loom
SINGAPORE (Apr 15): Although stresses at Lippo Karawaci have been alleviated, they remain in other parts of the group, which could put pressure on its Singapore-listed real estate investment trusts (REITs).
April 15, 2019