Manager’s Report
Portfolio Review
RETAIL MALLS
The seventeen Retail Malls have a total NLA of 687,552 sqm.
4EN OF THE 2ETAIL -ALLS ARE WELL LOCATED IN *AKARTA "OGOR
Cibubur, Cikarang and Bekasi (“Greater Jakarta”), two
in Bandung (the fourth most populous city in Indonesia),
two in Medan (the third most populous city in Indonesia),
two in Palembang and one in Binjai. As at 31 December
2014, the Retail Malls had a weighted average occupancy
OF APPROXIMATELY
These properties are well complemented with both locally
and internationally renowned “favourite” specialty brands
such as H&M, Debenhams, Sogo, M&S, Giant Hypermarket,
Ace Hardware, Fitness First, Sushi Tei, J.Co Donut & Coffee,
Starbucks, McDonald’s, Bread Talk, Timezone, Adidas, Giordano
and leading household names including Matahari Department
Store, Carrefour, Best Denki and Cinema 21 to enhance their
APPEAL AS hEVERYDAYv ONE STOP DESTINATION MALLS FOR BOTH
DISCRETIONARY AND NON DISCRETIONARY CONSUMER SPENDING
BANDUNG INDAH PLAZA
2014 Appraised Value:
Gross Floor Area:
Jalan Merdeka, Bandung,
West Java
3
85.5
m
75,868
sqm
Net Lettable Area:
Occupancy Rate:
No. of Tenants:
30,288
sqm
99.9
%
270
CIBUBUR JUNCTION
2014 Appraised Value:
Gross Floor Area:
Jalan Jambore, Cibubur,
East Jakarta
3
52.5
m
66,071
sqm
Net Lettable Area:
Occupancy Rate:
No. of Tenants:
34,427
sqm
98.6
%
207
GAJAH MADA PLAZA
2014 Appraised Value:
Gross Floor Area:
Jalan Gajah Mada,
Central Jakarta
3
80.3
m
66,160
sqm
Net Lettable Area:
Occupancy Rate:
No. of Tenants:
36,391
sqm
77.1
%
204
EKALOKASARI PLAZA
2014 Appraised Value:
Gross Floor Area:
Jalan Siliwangi 123, Bogor,
West Java
3
43.6
m
57,223
sqm
Net Lettable Area:
Occupancy Rate:
No. of Tenants:
27,132
sqm
94.1
%
53
ISTANA PLAZA
2014 Appraised Value:
Gross Floor Area:
Jalan Pasirkaliki, Bandung,
West Java
3
78.0
m
46,809
sqm
Net Lettable Area:
Occupancy Rate:
No. of Tenants:
26,858
sqm
99.7
%
208
22
LIPPO MALLS INDONESIA RETAIL TRUST ANNUAL REPORT 2014
