Lippo Malls Indonesia Retail Trust property, Palembang Icon. (Photo: Lippo Malls Indonesia Retail Trust)Lippo Malls Indonesia Retail Trust property, Palembang Icon. (Photo: Lippo Malls Indonesia Retail Trust)

Data from the REIT’s latest disclosure has been updated into the Singapore REITs table.

Retail REIT Lippo Malls Indonesia Retail Trust (LMIRT) delivered double-digit net property income growth in the fourth quarter of 2025, driven by a surge in carpark revenue and higher occupancy across its Indonesian retail portfolio, even as the REIT continued to suspend distributions to unitholders.

Net property income rose 13.8% year-on-year to SGD31.613 million for 4Q 2025, from SGD27.777 million in 4Q 2024.

Gross revenue grew 8.1% to SGD53.277 million over the same period, up from SGD49.263 million a year earlier.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.