Traded as | : LPKR |
---|---|
Industry | Conglomerate (Real estate, media, telecommunications, electronics, property, finance, health,education) |
Founded | 1950 |
Headquarters | Jakarta, Indonesia |
Key people
|
Mochtar Riady, chairman |
Services | Financial services, Commercial and residential property development |
Revenue | Rp 11,655 billion (Q2 2014) |
Subsidiaries | Lippo Village Lippo Cikarang Lippo Homes Siloam Hospital Lippo Malls Berita Satu Media Matahari Department Store Cinemaxx Bank National NOBU Maxx Coffee |
Website | www |
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 and is listed on the Indonesian Stock Exchange as : LPKR. 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.
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.