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The Plaza SemanggiJalan Jend. Sudirman Kav.50, South JakartaBrief description . . . . . . . . . . . . . . . . The Plaza Semanggi is a modern shopping centre comprisingseven storey and two basement levels shopping centre and 13levels of office floors, with a carpark comprising 1,100 parkinglots. The Plaza Semanggi is strategically located in the heart ofJakarta’s CBD within the city’s Golden Triangle at the Semanggiinterchange, which is a junction channeling north-south andeast-west traffic across central Jakarta. The centre is situatedamong many commercial buildings and adjacent to AtmajayaUniversity, one of Jakarta’s most prominent universities.Anchored by Centro Department Store and GiantHypermarket, the 479 tenants (as at 30 June 2007) provideall categories of shoppers with a diverse and comprehensivetenant mix. The Plaza Semanggi offers both destination andconvenience shopping, and is supported by its central location,which is easily accessible by cars and public transport.Population catchment . . . . . . . . . . . . 270,387 households (1)Title . . . . . . . . . . . . . . . . . . . . . . . . . .Year of building completion . . . . . . . . 2003Appraised value by Knight Frank as at30 June 2007 . . . . . . . . . . . . . . . . . . S$214.8 millionAppraised value by Colliers as at30 June 2007 . . . . . . . . . . . . . . . . . . S$211.1 millionLand Area . . . . . . . . . . . . . . . . . . . . .GFA as at 30 June 2007 . . . . . . . . . .The Plaza Semanggi was built pursuant to a BOT Schemebased on the introductory agreement of revitalisation,management and transfer (Perjanjian Pengikatan Revitalisasi,Pengelolaan dan Pengalihan) and its amendments, betweenYayasan Gedung Veteran Republik Indonesia as BOT Grantorand PT Primatama Nusa Indah as BOT Grantee.The BOT agreement is valid for 30 years from 8 July 2004.PT Primatama Nusa Indah as BOT Grantee has an option toextend the term of the BOT Agreement for a period of 20 years,with a notification to the BOT Grantor at least six months prior tothe expiration date. Upon this notification, the BOT Grantor thengrants its approval for the extension.The underlying BOT land, on which Plaza Semanggi isconstructed, is represented by HP title No. 133/KaretSemanggi, and is valid as long as the land is being used.(See “Business and Properties—The Plaza Semanggi”.)19,000 sq m91,232 sq mNLA as at 30 June 2007 . . . . . . . . . . 58,685 sq m (2)NPI for Forecast Period 2007,Projection Year 2008 andProjection Year 2009 (S$’000) . . . . . Forecast Period 2007—8,572Percentage of contribution to LMIRTrust’s Gross Rent for Forecast Period2007 . . . . . . . . . . . . . . . . . . . . . . . . . 20.4%22Projection Year 2008—17,356Projection Year 2009—18,274