Lippo Group

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Lippo Group
Traded as IDXLPKR
Industry Real estate
Founded 1990
Headquarters Jakarta, Indonesia
Key people
Mochtar Riady, chairman
Services Commercial and residential property development
Revenue Increase Rp 11,655 billion (Q2 2014)[1]
Subsidiaries Lippo Village, Lippo Cikarang, St. Moritz, Lippo Homes, Siloam Hospital, Lippo Malls, Berita Satu, Matahari Department Store, Cinemaxx, Bank National NOBU

Lippo Group, (simplified Chinese: 力宝集团; traditional Chinese: 力寶集團; pinyin: Lì Bǎo Jítuán) is a real estate development company located in Indonesia. It is a public joint-stock company and is listed on the Indonesian Stock Exchange as IDXLPKR. The company operates internationally providing property development and management services. founded by Mochtar Riady. Lippo has a collective presence across Asia and North America. Lippo Group is one of the largest real estate developers in Indonesia and is known for various large-scale projects such as Lippo Village.

Company history[edit]

Lippo Centre in Hong Kong

The Lippo Group began with Bank Lippo, later using this as a platform for regional property development projects. In 2001, the Lippo Group delved into the education market with the newly minted Putian University (in Putian, Fujian Province, China) by providing international training (using English) for specially-selected accounting and computer science students.

Lippo Group controls in excess of $15 billion in assets with significant investments in retail, media, real estate, banking, natural resources, hospitality, and healthcare industries. The group's flagship operating platforms include OUE Singapore, Lippo Karawaci Indonesia, Hypermart, Matahari, Siloam Hospitals Indonesia, First REIT, LMIR REIT, Auric Pacific, and Lippo Incheon Development.

Company group[edit]


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