LMIRT and Ascott Report Results

LMIRT and Ascott Report Results

Lippo Malls Indonesia Retail Trust (LMIRT) reported its Distribution per Unit (DPU) at S$0.09, lowered by 18% YoY in their Q2 release. Overall, distributable income stood at S$4.74mn ($3.5mn) vs. negative $11.3mn ($8.3) sum last year. Gross revenues jumped 81% to...
Lippo’s H1 Sales Jump 122%

Lippo’s H1 Sales Jump 122%

Indonesia’s integrated real estate company, Lippo Karawaci reported marketing sales of IDR 2.33tn ($160.2mn) in 1H2021, an increase of 122% YoY. The company also saw a 193% increase YoY in marketing sales in 2Q2021 to IDR 1.02tn ($70.1mn) from IDR 348bn...
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