Nyaman tanpa iklan. Langganan BisnisPro

Lippo gets IDR195 billion from REIT

JAKARTA: PT Lippo Karawaci Tbk (LPKR) announced the final sales of two healthcare property assets worth S$205.5 million or US$160 million to First Real Estate Investment Trust (First REIT).President Director of Lippo Karawaci Ketut Budi Wijaya said that

JAKARTA: PT Lippo Karawaci Tbk (LPKR) announced the final sales of two healthcare property assets worth S$205.5 million or US$160 million to First Real Estate Investment Trust (First REIT).President Director of Lippo Karawaci Ketut Budi Wijaya said that those assets include Siloam Hospitals Lippo Cikarang and Mochtar Riady Comprehensive Cancer Centre.Lippo Karawaci will get one-time gain of IDR195 billion from the deal, which will be amortized for 15 years, he said in an official statement yesterday.First REIT, which is managed by Lippo groups fund management, Bowsprit Capital Corporation Limited, is the first real estate investment trust in healthcare service launched in Singapore.The deal confirms that LPKR sells a property in Lippo Cikarang, where Siloam Hospital Cikarang is located now, in a sale and lease back contract to First REIT.Meanwhile, LPKR will help First REIT in acquiring a property in Semanggi, Central Jakarta, where Mochtar Riady Comprehensive Cancer Centre stands.At the same time, the asset sales will strengthen Lippo Karawacis asset management division, making the fund managed increases to US$1.3 billion.Lippo is presently managing two REITS in Singapore, namely First REIT and Retail Trust (LMIR Trust), with the total assets managed up to US$1.3 billion. The market capitalization of those two REITS reaches US$804.4 million and Lippo Group owns 21.74% share in First REIT.Dividend paymentAt the same occasion, Ketut said that the net income and revenue per December 31, 2010, increased by 35% and 17%, respectively, to IDR525 billion and IDR3 trillion.Directors of LPKR will announce the final dividend of 2010 by the end of January 2011, Ketut exposed. (T04/NOM)

Cek Berita dan Artikel yang lain di Google News dan WA Channel


Penulis : News Editor

Topik

Konten Premium

Dapatkan informasi komprehensif di Bisnis.com yang diolah secara mendalam untuk menavigasi bisnis Anda. Silakan login untuk menikmati artikel Konten Premium.

Artikel Terkait

Berita Lainnya

Berita Terbaru

Nyaman tanpa iklan. Langganan BisnisPro

Nyaman tanpa iklan. Langganan BisnisPro

# Hot Topic

Nyaman tanpa iklan. Langganan BisnisPro

Rekomendasi Kami

Nyaman tanpa iklan. Langganan BisnisPro

Foto

Nyaman tanpa iklan. Langganan BisnisPro

Scan QR Code Bisnis Indonesia e-paper