As at Aug 31, Lippo Mall Indonesia Retail Trust’s market capitalisation stood at a shade below $340 million. Also on Aug 31, the REIT manager made a bold announcement of an acquisition - to be sure its new flagship property - that bears a total cost of more than the REIT’s market cap.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe