Kategori: Property Real Estate

PT Lippo Karawaci, Tbk (LPKR IJ) through its subsidiary, First Real Estate Investment Trust (FIRT), has acquired the integrated property worth SGD28.5mn in Buton, Bau Bau, Southeast Sulawesi. FIRT that’s listed in Singapore acquired such as Siloam Hospital Buton, Lippo Plaza Buton, and mall retail. Buton City is the city port in Southeast.

PT Jasa Marga (Persero), Tbk (JSMR IJ) is coordinating the process with banks to add the toll road electronics (e-toll) readers at toll gates, to succed the 100% toll road electronics policy at the end this month. Company also has started to change some regular payment substantions, into GSOs to increase payment capacity with cashless.

PT Nusa Kontruksi Enjiniring, Tbk (DGIK IJ) revises its new contract target from IDR2.5trn to IDR2trn. Company has earned new contract worth IDR1.2trn until September 2017, needs to generate IDR800bn to reach the target. There are eight new infrastructure projects this.

PT Nusa Konstruksi Enjiniring, Tbk (DGIK IJ), engages in construction services for building and infrastructure since 1982, successfully collects three new project totaling IDR358.7bn, with two project located in West Sumatra and one project in Banten. Company was won the project through an open bid by the Ministry of Public Works and.

PT Nusa Konstruksi Enjiniring, Tbk (DGIK IJ), engages in construction services for building and infrastructure since 1982, successfully collects three new project totaling IDR358.7bn, with two project located in West Sumatra and one project in Banten. Company was won the project through an open bid by the Ministry of Public Works and.

PT PP Property (Persero), Tbk (PTPP IJ), company’s main business in building and infrastructure (road and bridge, port, power plant, irrigation) construction, launches its nine new project until 2018. Meanwhile, four apartment project to be launched in 2018, they are: Apartments in Paragon Semarang, Kertajati, Yogya, and Cibubur. Company also continues its existing lands, such.

PT Modernland Realty, Tbk (MDLN IJ) reported its current asset worth IDR3.63trn in 1H2017, lower than same period last year IDR3.92trn. Company’s current asset decreasing caused decline in its short term investment, inventories, prepaid taxes and prepaid expenses. Meanwhile, the current ratio at 1.53 times, or still strong to pay the short term bank.

Fitch Ratings appoints PT Wijaya Karya, Tbk (WIKA IJ), one of the largest contractors in Indonesia, long term issuer default rating (IDR) of BB and national long term rating of AA(idn). Both ratings are on stable outlook. WIKA reported robust growth in 1H2017 by posting IDR9.48trn, higher than same period last year.

PT Nirvana Development, Tbk (NIRO IJ) reported its revenue worth IDR183.50bn in 1H2017, compared to same period last year IDR120.02bn. Company’s revenue supported by the shop houses IDR21.53bn, rental and services charge IDR143.28bn, and hotel revenue IDR18.68bn. Meanwhile, room revenue IDR11.31bn is the largest contribution for the hotel revenue, followed by food and beverages IDR5.73bn,.

PT Pembangunan Perumahan (Persero), Tbk (PTPP IJ), construction services and strategic investments company, injects fund worth IDR745bn to its subsidiary, PT Pembangunan Perumahan Energi (PPE). PPE will used the fund to invest in power plants by establishing a joint venture company PT Meulaboh Power.