PT Serba Dinamik Indonesia (SDI), a subsidiary of Serba Dinamik Holdings Berhard, acquired a property worth Rp20 billion from PT Surya Cipta Banten (SCB) and it plans to renovate and lease the property to Conclave. SCB sold the property in Kebayoran Baru, Jakarta to gain working capital for its infr... [read more]

PT Grahawita Santika will expand by developing Santika Bukit Tinggi Hotel and Santika Batam Hotel this year with investment value for each room at approximately Rp350 million, subject to the start rate. Currently, Santika Indonesia Hotels & Resorts manages 114 hotels in 40 cities in Indonesia with s... [read more]

Sinar Mas Land launches its second cluster named Inspirahaus R in Tabebuya area after the success of its first cluster, Inspirahaus. The second cluster will comprise 208 units and adopts the concept of modern, smart, compact and functional in its city scale project of BSD City. The residential in th... [read more]

PT AEON Indonesia plans to expand its outlet in Sentul in the second quarter and in Tanjung Barat in the third quarter of 2020. It also plans to expand to online store due to the growth of online business in Indonesia. With the new outlets planned this year, AEON will have a total of four outlets. -... [read more]

This year, PT Sanurhasta Mitra Tbk focuses on developing its leisure business and projects its revenue from room sales reaching Rp10 billion. The performance of its resort has been growing since 2017 with occupancy rate growing from 55.28% to 58.22% and projected to reach 64.6% this year. Until the... [read more]