Singapore Exchange · Real Estate
Invest in Landmark REIT stock from India
Indian and foreign residents can buy Landmark REIT (D5IU) shares directly through Paasa.
By Paasa · Updated
Landmark REIT at a glance
- Price
- S$0.01+S$0.00 (0.00%)
- Market cap
- S$119.17M
- Day range
- S$0.01 – S$0.01
- P/E
- 1.75
- Dividend yield
- None
- Volume
- 1.39M
- 1 month
- +0.00%
- 6 months
- +16.67%
- YTD
- -22.22%
- 1 year
- -53.33%
- 5 years
- -86.27%
Landmark REIT statements, FY2021–FY2025
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | S$237.7M | S$194.6M | S$197.3M | S$204.7M | S$175.1M |
| Gross profit | S$140.0M | S$115.3M | S$112.8M | S$130.0M | S$103.8M |
| Operating income | S$141.6M | S$97.1M | S$112.4M | S$140.0M | S$43.1M |
| Net income | S$32.0M | −S$36.4M | −S$126.0M | S$1.6M | −S$32.5M |
| Earnings per share | S$0.00 | −S$0.00 | −S$0.02 | S$0.00 | −S$0.00 |
| EBITDA | S$120.6M | S$73.6M | S$107.4M | S$149.3M | S$53.4M |
| Total assets | S$1.5B | S$1.6B | S$1.7B | S$1.8B | S$2.0B |
| Total debt | S$900.4M | S$727.0M | S$842.6M | S$808.8M | S$846.2M |
| Cash and short-term investments | S$28.9M | S$20.0M | S$140.3M | S$107.0M | S$119.9M |
| Shareholders' equity | S$377.6M | S$700.0M | S$690.3M | S$783.8M | S$987.5M |
| Operating cash flow | S$97.5M | S$86.9M | S$102.7M | S$137.2M | S$40.1M |
| Free cash flow | S$77.2M | S$63.9M | S$99.7M | S$125.8M | S$22.3M |
| Capital expenditure | −S$20.4M | −S$23.1M | −S$3.0M | −S$11.4M | −S$17.8M |
Fiscal years as reported, the latest ending 31 Dec 2025. Figures in SGD; a dash means the provider reported nothing for that line.
Peer comparison
| Company | Ticker | Price | Market cap |
|---|---|---|---|
| Sing | 5IC.SI | S$0.40 | S$200.50M |
| Pollux Properties | 5AE.SI | S$0.03 | S$77.27M |
| Ying Li International Real Estate | 5DM.SI | S$0.02 | S$43.47M |
| Hong Lai Huat | CTO.SI | S$0.07 | S$37.28M |
| Pan Hong | P36.SI | S$0.04 | S$18.96M |
| China Yuanbang Property | BCD.SI | S$0.15 | S$10.55M |
Peers as grouped by the data provider. This is not an investment recommendation.
How to invest in Landmark REIT from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit, and Interactive Brokers converts the dollars to SGD when you buy.
Step 3
Search D5IU and buy
Find Landmark REIT by name or by its ticker, D5IU, and place your order.
Why invest in Landmark REIT from India
What Landmark REIT does
Operating from Singapore, Lippo Malls Indonesia Retail Trust (LMIR Trust) is a real estate investment trust dedicated to the long-term acquisition and management of income-generating retail and retail-adjacent properties across Indonesia. As of July 31, 2020, its extensive portfolio encompassed 21 major retail centres and seven individual retail units embedded within other mall complexes. Landmark REIT operates in the REIT - Retail industry within the Real Estate sector.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Frequently asked questions
Can I buy Landmark REIT stock from India?
Yes. Indian residents and NRIs can buy Landmark REIT (D5IU) shares directly through Paasa. Landmark REIT is listed on the Singapore Exchange, in the REIT - Retail industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.
How are Landmark REIT dividends taxed for Indian investors?
Landmark REIT does not currently pay a dividend, so there is nothing to withhold or declare today. If it starts paying one, singapore levies 0% withholding tax on dividends from resident companies, and dividends are taxed at your slab rate in India.
What tax do I pay in India when I sell Landmark REIT shares?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the SGD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Would my heirs owe estate tax on Landmark REIT shares?
Singapore imposes no estate or inheritance tax on listed securities. That is the source-country side; the shares themselves pass on like any other asset you hold in your own name.