OUR VISION
Lippo Malls Indonesia Retail Trust
(“LMIR Trust”) aims to be one of the premier
retail REITs in Asia, creating and utilizing
scale whilst leading the way in innovation
and quality. We aim to create long term
value for stakeholders by providing access
to investment opportunities driven by strong
economic and consumer growth.
OUR MISSION
We are committed to:
•
delivering regular and stable
distributions to Unitholders
•
growing our portfolio by way of
accretive investments in retail and/or
retail related assets
•
enhancing returns from existing and
future properties
•
achieving long-term growth to provide
Unitholders with capital appreciation
on their investments
CONTENTS
04
About LMIR Trust
08
Our Indonesia Presence
12
Letter to Unitholders
15
Trust Structure
16
Group Financial Highlights
18
Manager’s Report
• Market Review
20
• Portfolio Summary
22
• Portfolio Review
– Retail Malls
25
• Portfolio Review
– Retail Spaces
27
• Operations Review
30
• Financial Review
32
Capital Management
33
Risk Management
35
Corporate Social
Responsibility
36
Board of Directors
39
Management Team
40
Corporate Information
41
Corporate Governance
Report
60
Report of the Trustee
and Financial Statements
145 Related Party
Transactions
146 Statistics of Unitholdings
148 Notice of Annual
General Meeting
155 Proxy Form
