The Bank of Indonesia (BI) decided to lower its key interest rate by 25 point basis (bps) to 6% in the September 2024 Board of Governor Meeting (RDG). In line with this decision, the deposit facility rate and the lending facility interest rates are also lowered by 25 bps to 5.25% and 6.75%, respecti... [read more]

Lippo Mall Kemang (LMK), one of the shopping centers operated by PT Lippo Malls Indonesia, recorded its tenants occupancy rate over 93% from the Total Net Lease Area (NLA) of more than 57,000 square meters. This increase was driven by several innovation breakthroughs including tenancy development wh... [read more]

PT Easton Urban Kapital, through its subsidiary PT Easton Urban Cendana, collaborates with PT Anabuki Property Indonesia (API), a Japanese developer and a subsidiary of Anabuki Kosan Incorporation. This collaboration will strengthen Easton’s operation who is currently developing a residential in Bab... [read more]

A subsidiary of PT Hutama Karya (Persero), PT HK Realtindo or HKR, has launched a new cluster at the H City Sawangan residential area, called Damar. The houses in Damar are designed by adopting the concept of modern minimalism which combines nature with luxury. This cluster offers houses of type 51/... [read more]

The Nusantara Capital Authority (OIKN) stated that the groundbreaking ceremony for the eight phase of Nusantara Capital investment is set for Tuesday (24th September). The ceremony will be attended by Magnum Estate, a Russian investor who has shown the commitment to invest Rp2 trillion in Indonesia.... [read more]