Brief: Lippo Malls Indonesia Retail Trust Announces Agreement To Sell Binjai Supermall

Landmark Reit

31/12/2019 06:06

Dec 31 (Reuters) - Lippo Malls Indonesia Retail Trust
 LMRT.SI :
    * ENTERED CONDITIONAL SALE AND PURCHASE AGREEMENT BETWEEN 
UNIT &
PT BINJAI HATUA MAKUR TO SELL BINJAI SUPERMALL
    * UNIT ENTERED AGREEMENT WITH PT PEJATEN SEMESTA RAYA TO
DIVEST
PROPERTY KNOWN AS PEJATEN VILLAGE
    * NET PROCEEDS FROM DIVESTMENTS IS ESTIMATED TO BE
APPROXIMATELY
S$120.2 MILLION

Source text for Eikon:  ID:nSNZ8w6yQJ 
Further company coverage:  LMRT.SI 

 ((Reuters.Briefs@thomsonreuters.com;))