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First Reit has entered into a joint venture with Lippo Malls Indonesia Retail Trust (LMIRT) to jointly buy an integrated development in Yogyakarta, Indonesia, from their sponsor PT Lippo Karawaci Tbk. The property comprises Siloam Hospitals Yogyakarta (SHYG)…
Singapore-headquartered Lippo Malls Indonesia Retail Belief is to purchase two purchasing centres in Indonesia. The properties are Palembang Icon and Lippo Plaza Batu, collectively value $83.33 million (or Rp1.06 trillion). The Batu Metropolis mall is a small…
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