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Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

Circular - Lippo Malls Indonesia Retail Trust - Investor Relations

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Occupancy rate (as at30 September 2012)Average gross rent (1)Number of tenants (as at 30September 2012)96.3%Rp.151,000 psm per month147GFA (sq m) 91,749NLA (sq m) 41,847 as at 30 June 2012Gross revenue for 6M2012 Rp.47.3 billion (2)Net property income for6M2012EncumbrancesValuation by KJPP WR (4)Valuation by KJPP RHP (5)Restriction in interest (6)Notes:1.2 Binjai SupermallRp.35.0 billion (3)NilRp.870.15 billionRp.841.00 billionNil(1) This is computed by taking the average of the gross rent (excluding service charge) for 6M2012.(2) Comprises gross rental income, car park income and other income pertaining to Pejaten Villageincluding service charge.(3) Excludes depreciation of investment property for Pejaten Village.(4) Based on KJPP WR’s valuation report dated 30 June 2012.(5) Based on KJPP RHP’s valuation report dated 30 June 2012.(6) Restriction in interest is a limitation imposed by any state authority in <strong>Indonesia</strong> on the powers andrights of a registered proprietor to deal with the land including restriction on the right to transfer,charge and/or encumber the land and/or the building.1.2.1 Description of Binjai SupermallBuilt in 2007, Binjai Supermall is the first and only modern retail mall in Binjai City.Binjai Supermall is a three-level retail mall, and is currently undergoing an expansionand renovation program which is expected to increase its NLA by more than 25% byend 2012.Binjai Supermall is prominently located along the main road which connects the Binjaiand Medan city, and bears the postal address Jalan Soekarno Hatta No. 14, Timbanglangkat Sub District, East Binjai District, Binjai City, North Sumatra, <strong>Indonesia</strong>. Theretail mall is positioned as a lifestyle mall for the middle to upper middle incomesegments of the retail market. Binjai Supermall targets a wide range of customers,including families, business professionals as well as teenagers.The tenants of Binjai Supermall include well known domestic and Internationalretailers and brand names such as Matahari Department Store, Gramedia, Hypermart,Texas Chicken and Dunkin Donuts.B-2

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