LIPPO-MAPLETREE - Lippo Malls Indonesia Retail Trust - Investor ...

Leased MallsFigure 4.6.2 Gajah Mada Plaza: food courtSource: Jones Lang LaSalle Research and ConsultingTable 4.6.2 Major tenants as at 30 June 2007, Gajah Mada PlazaTenant Expiry Date % Gross Monthly RentMillenium International . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29-Oct-2014 8.6%Rimo Department Store . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30-Jun-2008 7.7%Hypermart . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2-Feb-2015 7.3%McDonald’s. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 28-Jul-2013 3.6%Inul Viesta . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31-Aug-2011 2.5%Gajah Mada Cinema 21 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31-Mar-2013 1.9%Other tenants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Varies 68.4%Total Centre ....................................... 100.0%Source: Jones Lang LaSalle Research and Consulting, PT. Lippo Karawaci, Tbk4.6.3 Tenant mixGMP is somewhat unique in terms of its tenancy mix. The department store anchor is only located on onelevel (level three) and the Hypermart on the semi ground floor was opened following renovations in 2005.Pedestrian movements throughout the centre are supported by the specialty shop mix, which includes anumber of zoned precincts where clusters of like-tenants are located. Table 4.6.3 summarises the tenancymix by level at GMP.Table 4.6.3 Tenancy mix by level, Gajah Mada PlazaLevelTenant mixSemi Ground . . . . . . . . . .Ground . . . . . . . . . . . . . . .First . . . . . . . . . . . . . . . . .Second . . . . . . . . . . . . . . .Third . . . . . . . . . . . . . . . . .Third - A . . . . . . . . . . . . . .Fifth . . . . . . . . . . . . . . . . .Sixth . . . . . . . . . . . . . . . . .Seventh . . . . . . . . . . . . . .Source: Jones Lang LaSalle Research and ConsultingHypermart, casual mall leasing, mobile phone precinct (underdevelopment)Food and beverage, retail services, fashion, fashion accessoriesJewellery, pet shops, fashion, retail servicesEntertainment and leisure, restaurants, jewelleryRimo department store, assorted specialtiesFood court, ITRestaurant/discotheque, cinemasOffices, to be sport and entertainment spaceFitness centre, swimming pool, reception centreThe semi ground floor is tenanted by Hypermart and a small amount of casual mall leasing. A large sectionof the semi ground level is currently vacant and is set to be converted to a mobile phone retailing precinct.The ground floor includes food and beverage operators, retail services, a small selection of fashionretailers, fashion accessories and optical stores. The first floor at GMP includes the pet shop precinct (petcentre), a number of jewellery retailers and a mix of fashion retailing, retail services and small electricalretailers.F-91