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The Jakarta Post
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DKI Jakarta, Indonesia
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Lotte to open first department store in Ciputra World mall

  • The Jakarta Post

Jakarta | Sat, June 4 2011 | 08:00 am

PT Ciputra Adigraha, a subsidiary of property developer PT Ciputra Property Tbk, agreed to lease its entire Ciputra World mall in West Jakarta to PT Lotte Shopping Plaza Indonesia, a subsidiary of South Korea’s Lotte Shopping Company, for 20 years.

The 130,000-square-meter mall, which Lotte Shopping Plaza Indonesia will officially start operating commercially in the second quarter of 2012...

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