PT Angkasa Pura II (Persero) or AP II recorded its highest daily traffic on 29 November 2020 in Soekarno-Hatta Airport, Jakarta amidst the Covid-19 pandemic with the total of 722 flights comprising 363 departures and 359 arrivals. Previously, the highest daily traffic was recorded on 20 November wit... [read more]

After the success of its six property products in 2020, comprising three products in Lippo Karawaci and three products in Lippo Cikarang, PT Lippo Karawaci Tbk. is launching new residential projects by the end of this year named Soho Flex/Space Lippo. The project is available with attic loft and dou... [read more]

PT Maha Properti Indonesia Tbk. (MPRO) records net profit in the third quarter of 2020 at Rp7.77 billion, despite lower revenue, improved from Rp884.4 million loss in the third quarter of 2019. MPRO records lower revenue, from Rp150.71 billion to Rp92.76 billion, especially from the apartment segmen... [read more]

PT Pakuwon Jati Tbk. (PWON) through its subdisary, PT Pakuwon Permai, acquired Hartono Mall Yogyakarta, Marriot Yogyakarta Hotel and Hartono Solo Baru with the total transaction value of Rp1.366 trillion and 67.13% ownership as the buyer and PT Delta Merlin Dunia Properti as the seller. The reasons... [read more]

PT Metropolitan Kentjana Tbk. (MKPI) the management of Pondok Indah Mall and Puri Indah mall recorded its occupancy rate at 97% from previously around 99% before the pandemic. MKPI claims to be continually selective for tenants while also offering competitive prices. According to the Indonesian Shop... [read more]