DIRE

Dana investasi real estat

DIRE Bowsprit Commercial & Infrastructure is the largest DIRE (REIT) specialized in commercial and infrastructure properties in Indonesia, and sponsored by PT Lippo Karawaci Tbk, Indonesia's largest broad-based listed property company.

Initially, this DIRE comprises a portfolio of 4 office towers and 1 distribution center with combined Semi Gross Area (SGA) of 157,000 sqm and will continue to grow along with acquisitions of other commercial and infrastructure properties in the future.

STRUCTURE

portfolio overview

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financial highlight

Financial Projection (in IDR Billion)
Year 1
Year 2
Year 3
Year 4
Year 5
Gross Revenue
321
333
344
356
369
Property Operating Expense
(38)
(41)
(44)
(46)
(50)
Net Property Income
254
262
271
279
288
Net Income before Tax
247
255
263
271
280
Distributable Income
215
222
229
236
244
Distributions per Unit (IDR)
8.78
9.05
9.34
9.63
9.94
Dividend Yield per Unit
8.78%
9.05%
9.34%
9.63%
9.94%

financial Report

Year
Uploaded Date
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distribution history

Period (Quarter)
DPU (IDR)
Date of Payment
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analyst coverage

Research House
Title
Date
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Deutsche Bank
A REIT milestone: debut of Indonesia's most investable REIT yet
20-Feb-17
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announcements

Published Date
Announcement
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