Kategori: Property Real Estate

PT Wika Realty, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ), cooperates with Kompas Gramedia, to develop an apartment project on Jalan DI Panjaitan, East Jakarta worth IDR400bn. Two companies will develop two apartment towers in 6,000 m2, or total apartment to be built to reach 500 units, of Kompas Gramedia.

PT Intiland Development, Tbk (DILD IJ) reported its marketing sales worth IDR3trn until the of 3Q17, or 131% from company’s target in the year 2017. During 3Q17, marketing sales increased significant 115% YoY compare to same period 2016 worth IDR1.4trn. The industrial region contributed 18% of all earnings, while recurring revenue income was also contributed.

The medium term notes (MTN) VIII of PT PP Properti, Tbk (PPRO IJ), is offering coupon rate at level 10.15%. The MTN’s principal amount worth IDR200bn, with tenor 3-years or will due on October 20, 2020, with PT Bank Mandiri (Persero), Tbk (BMRI IJ) is act as underwriter. For the record, PP Properti reported its.

PT PP Properti, Tbk (PPRO IJ), a leading in property developer, reported its sales projection reach up IDR2.33trn during 9M2017, 60% higher than same period 2016. Company is targeting profit worth IDR435bn until the end of year, supported by launch several product such as: Apartment Weston View in Surabaya, Student Apartment Louvia in Jatinangor, and.

PT PP Properti, Tbk (PPRO IJ), a subsidiary of PT PP, Tbk (PTPP IJ), has its landbank reaches 100 Ha until mid-October 2017, or targeting up to 200 Ha until the end of year 2017. In line with landbank increasing, company’s number of project site will be ready in 2018 became 26 sites, from 14.

PT Summarecon Agung, Tbk (SMRA IJ) is optimistic it could reached pre-sales (marketing sales) of IDR3trn until the end of year. While until 3Q2017, company’s marketing sales reached IDR2trn or 66% of the company target. Company will launch several new project this month, to support its income.

PT Agung Podomoro Land, Tbk (APLN IJ) and PT Wijaya Karya Bangunan Gedung (WIKA Gedung), is complete the topping off process of Podomoro Golf View phase 1 located in Bogor. The project construction consist of three tower apartment, namely: Dahoma Tower, Balsa Tower, and Vardia Tower with 4,000 unit include studio type, one room type,.

PT Binakarya Jaya Abadi, Tbk (BIKA IJ) has finished its initial public offering (IPO) fund distribution totaling worth IDR139.2bn in September 2017. The largest fund distribution was allocated to increase its subsidiary, namely PT Binakarya Citra.

PT Adhi Karya (Persero), Tbk (ADHI IJ), the third largest construction company by market capitalization in Indonesia, secured its new contracts up to IDR30trn in September, higher almost 12% compare to last month IDR28.6trn. Construction and energy business’s new contract still dominated in September, up to over 96% of the overall.

PT Lippo Karawaci, Tbk (LPKR IJ), is the first Indonesian real estate company to utilize REIT, reports its revenue worth IDR4.9trn in 1H2017, lower 3% compare to same period last year, amidst the the contribution of the residential and urban development division lower 25% during the period. Meanwhile, company’s profit for the year was stable.