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LMIR Trust posts 5.1% rise in Q1 DPU; stays upbeat on Indonesian retail

Published Tue, May 3, 2016 · 09:50 PM
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Singapore

LIPPO Malls Indonesia Retail Trust (LMIR Trust) remained positive on the Indonesian retail segment, given an existing limit set by the government on the supply of malls in Jakarta.

On Tuesday, it posted a 5.1 per cent increase in distribution per unit (DPU) in the first quarter,…

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