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LIPPO MALLS INDONESIA RETAIL TRUST
ANNUAL REPORT 2013
LETTER TO UNITHOLDERS
Dear Unitholders
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management of LMIRT Management
Ltd, as Manager of Lippo Malls Indonesia
Retail Trust (LMIR Trust), we are pleased to
present the following report to LMIR Trust
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LMIR Trust, as the Gross Rental Income
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and rental increases. At the same time,
LMIR Trust further strengthen its capital
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million of new equity to strategic investors.
INDONESIAMACROECONOMY:YEAR
IN REVIEW
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Indonesia leading the South East Asian
countries in terms of economic growth.
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on the backdrop of growing population,
mega trend of urbanisation, as well as
prospects for narrowing of the current
account defcit and slowing infation.
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of realised investments may potentially
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to be the primary driver of the economic
“
2013 has been a year of
consolidation for LMIR Trust, as
the Gross Rental Income of the
Trust grew by 16.5%, mainly from
the asset acquisitions made in
late 2012 and rental increases.
”
Mr Albert Saychuan $IFPL MFGU
.S "MWJO $IFOH SJHIU
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