In response to growing market demand, Lippo Karawaci started developing strata-titled malls from 2002 to 2006, recognizing that entrepreneurs in Indonesia were moving away from traditional retail outlets. Then, observing the over supply of strata-titled malls that had previously been in demand, the Company made the move to community malls and shifted to a model which now involves building, leasing, and then monetizing the retail assets.

PT. Lippo Malls Indonesia ‘s retail comprises strata-titled malls and leased malls strategically located in major cities of Indonesia. The retail malls provide one-stop shopping, entertainment, dining and leisure destinations, with anchor tenants such as leading domestic retailers Matahari Department Store, Hypermart, Timezone, Times Bookstore and Cinema XXI.