Business
Lippo Malls Indonesia Retail Trust: IDR revenue rose and occupancy improved, but SGD results fell on currency headwinds
Lippo Malls Indonesia Retail Trust: IDR revenue rose and occupancy improved, but SGD results fell on currency headwinds
About this update from Landmark Reit
Rental and gross revenue in IDR grew modestly year-over-year, while SGD results declined due to currency effects. Portfolio occupancy improved to 80.1%, and a shift to IDR financing provides a currency hedge. Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.