As of today, the e-commerce sector has absorbed approximately 20% of the warehouse business in industrial estates near the capital or other large cities. This year, the Indonesian Employers Association (APINDO) estimated that warehouse businesses may grow between 20% and 30% ranges. [read more]

PT Sutera Agung Properti stated that the sales of Saumata Suites in Alam Sutera, Tangerang, Banten, has reached 60% with the total value of Rp230 billion. The project comprises the total of 104 units at the current unit price starting from Rp5.5 billion. After the topping off ceremony in October 201... [read more]

PT Adhi Commuter Properti (ADCP) cooperates with Perum Pengangkutan Penumpang Djakarta (PPD) to develop a Transit Oriented Development with access of Rapid Transit Bus (TransJakarta) on a total land area of 52,875 square meters owned by PPD. The project is named Oase Park – Member of LRT City with a... [read more]

PT Sentul City Tbk. (BKSL) officially sold AEON Mall Sentul City at Rp1.9 trillion to PT AEON Mall Indonesia. From this transaction, Sentul City will allocate the fund for its operational, agreement payment and improve its business cash flow. [read more]

President Joko “Jokowi” Widodo has offered the German Chancellor Angela Merkel during a closed-door virtual meeting to open an area designated for German companies within the Batang Integrated Industrial Park in Central Java. Indonesia and Germany have a comprehensive partnership agreement under the... [read more]