LMIRT Management reports substantial operational improvements for the third quarter of 2025, driven by strategic asset enhancement initiatives (AEIs) and a refined tenant mix. The focused approach on enhancing asset quality and maintaining prudent capital management has strengthened portfolio resilience and contributed to a positive financial turnaround, positioning the Trust for sustained competitiveness in Indonesia’s evolving retail market.

• Strategic upgrades have paid off, successfully driving stronger shopper engagement and visitor traffic across key geographical regions

• The Trust maintained a healthy level of occupied space, reflecting robust underlying performance and achieving positive rental agreements upon renewal

• A recent major capital exercise was launched to improve financial flexibility, reduce existing obligations, and fund ongoing portfolio improvements