Lippo Malls Indonesia Retail Trust's property, Lippo Malls Kemang. (Photo: Lippo Malls Indonesia Retail Trust)

A plan by the sponsor of Lippo Malls Indonesia Retail Trust to inject a property known as Lippo Mall Puri into the REIT’s portfolio now appears uncertain.

Lippo Mall Puri is a relatively new shopping centre in the central business district of Jakarta with an attached officer tower development.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.