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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, from a year ago. Its DPU stood at 0.83 Singapore cent, up from 0.79 Singapore cent in the same period in 2015.
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