Lembaga Pengelola Investasi (LPI) or Sovereign Wealth Fund (SWF) also named Indonesia Investment Authority (INA) will be operational by the end of February or in early March 2021. Currently, it is establishing the INA Board of Directors, including Commissioners, Directors and Advisory Boards of worl... [read more]

PT Surya Semesta Internusa Tbk. (SSIA) aims Rp942 billion in marketing sales from its property units this year, taken from the sales projection of 60 hectares of industrial estate in Karawang and Subang Smartpolitan Industrial Estate, Subang. The revenue was also projected to grow within the 15%-20%... [read more]

PT Pakuwon Jati Tbk. (PWON) allocates Rp1.1 trillion in capital expenditures in 2021 to fund property development projects, property renovations and land acquisitions. PWON prepares Rp100 billion for the renovation and shopping center developments in Yogyakarta and Solo as the retail mall sector is... [read more]

In 2020, PT Puradelta Lestari Tbk. (DMAS) recorded Rp2.39 trillion in marketing sales or 19% higher than its target for 2020. However, this achievement was 19.52% lower than the marketing sales in 2019 when it was recorded at Rp2.9 trillion. As of September 2020, DMAS recorded Rp1.38 trillion in mar... [read more]

PT Diamond Citra Propertindo Tbk. (Diamond) launched Apple5 Condovilla with a total investment of Rp300 billion. The handover of the 427-unit low rise apartment project is targeted in 2023. The project comprises five towers and it resides on a total of 3,400 square meters with each unit having a 5-m... [read more]