Lippo Malls Indonesia Retail Trust (LMIR)’s Lippo Mall Puri Purchase is Organically Not Accretive in an Obscene Way

Lippo Malls Indonesia Retail Trust (LMIR)’s Lippo Mall Puri Purchase is Organically Not Accretive in an Obscene Way

I do not understand this acquisition by LMIR.   They currently have a dividend yield of 10%. Then they proposed to buy this mall which will reduce their dividend yield. I did some notes for a friend, so I thought I will put it out here. For those who are invested in real estate investment trusts […] …