Indonesia Banks’ Tighter Lending to Hurt Coal, Property Firms
Construction workers at a construction site in Jakarta, Indonesia, on Nov. 25, 2013. (EPA Photo/Adi Weda) Indonesian coal and property firms could find obtaining loans increasingly difficult next year...
View ArticleDeveloper Summarecon Agung Fixes Coupon on Rp 600b Bond at 10.85%
Summarecon Agung, an Indonesian property company, aims to raise Rp 600 billion ($50 million) from the sale of conventional and Islamic bonds next week. The Jakarta-based company’s bond sale is part of...
View ArticleGapuraprima to Diversify With Hotels
Property developer Perdana Gapuraprima, plans to invest Rp 20 trillion ($1.6 billion) on the building of 20 hotels in Indonesia over the next year, adding a total of 2,000 rooms. Gapuraprima has more...
View ArticleMetropolitan Land Sets 2014 Capex at Rp 660b
Metropolitan Land, a property developer, better known as Metland, has set its capital expenditure at Rp 660 billion ($54 million) for next year, a figure lower than the Rp 850 billion it had set aside...
View ArticleGading Development in Search of Rp455b Bank Loans to Fund New Project
Jakarta. Gading Development, a property developer, is seeking a Rp 455 billion ($38.3 million) loan to finance the construction of an apartment tower in Ciputat, Tangerang. The project is estimated to...
View ArticlePP Properti’s Shares Soar on Jakarta Trading Debut
[This story was first published at 11:31 a.m. on Tuesday, May 19, 2015, and this update adds the closing share at the end of the day, more comments from the company's president director and background]...
View ArticleMetland Plans to Build Bogor Apartment Complex Worth Rp 650b
Jakarta. Property developer Metropolitan Land plans to start building apartment towers in Bogor, West Java worth Rp 650 billion ($49 million) next year. The company, known as Metland, will build three...
View ArticleBumi Serpong Damai Aims High With Pre-Sales on Back of Promising H1
Jakarta. Listed property developer Bumi Serpong Damai is aiming to reach Rp 7.5 trillion ($556 million) in pre-sales of its property projects following strong growth in the first half of this year, the...
View ArticleLippo Karawaci Maintains Solid Profit Growth Thanks to Health Care Business
[Updated at 08:17 p.m. on Friday, Jul 31, 2015, to correct net income figure in the second paragraph] Jakarta. Indonesian property developer Lippo Karawaci booked solid profit growth in the first half...
View ArticlePuradelta Lestari Earns Rp 1.1 Trillion in Land Sales
Jakarta. Indonesian industrial estate developer Puradelta Lestari, a listed property developer unit of Sinar Mas Group, acquired Rp 1.1 trillion ($81.3 million) from their industry land sale to...
View Article
More Pages to Explore .....