Lippo Indonesia Malls REIT shutters assets in Medan on COVID-19 curbs
Lippo Malls Indonesia Retail Trust (LMIRT) will be shuttering its assets in Medan, in compliance with government restrictions to curb…
Lippo Malls REIT’s USD notes deemed non-invesment grade
The proposed USD notes to be issued by a subsidiary of Singapore-listed retail REIT, Lippo Malls Indonesia Retail Trust (LMIRT),…
Outlook on Lippo Malls REIT’s changed to negative despite improved liquidity
Lippo Malls Indonesia Retail Trust (LMIRT)’s liquidity has improved recently following a recapitalisation exercise, but uncertainty still surrounds the REIT’s…
Lippo Malls REIT to issue new rights units at 47.8% discount
Indonesia-focused retail REIT, Lippo Malls Indonesia Retail Trust (LMIRT), is raising gross proceeds of approximately SGD280.0 million through a rights…
Lippo Malls REIT faces credit ratings downgrade on ambitious acquisition plan
The credit-related ratings of Lippo Malls Indonesia Retail Trust (LMIRT) have been placed on review for downgrade, amid news that…
Lippo Malls REIT downgraded to non-investment grade on risky outlook
Lippo Malls Indonesia Retail Trust’s (LMIRT) corporate family rating has been downgraded to non-investment grade given riskier refinancing risks. The…
Tong Jinquan-linked firm eases hold over Singapore-listed industrial REIT
Amid the COVID-19 outbreak, the industrial REIT segment remains relatively robust based on average sector price-to-book ratios captured in the…
Lippo Malls REIT downgraded in face of worsening Rupiah, operating conditions
Lippo Malls Indonesia Retail Trust (LMIRT) is facing the twin spectre of softer operating conditions, and a steep depreciation of…
Lippo Malls REIT shut properties as COVID-19 spreads across Indonesia
Lippo Malls Indonesia Retail Trust (LMIRT) is shutting its properties within the Greater Jakarta region, Bandung and Bali from 27…
Lippo Malls Indonesia REIT reports 14.3% rise in DPU on better rents
Lippo Malls Indonesia Retail Trust (LMIRT) has reported a distribution per unit (DPU) 0.56 Singapore cents for its 3Q 2019,…