Canada Pension Plan Investment Board and logistic specialist real estate company, LOGOS announced the establishment of a new modern logistics facility in the Greater Jakarta Area, Indonesia with the investment of US$200 million. This joint venture will develop a portfolio of facilities aiming for th... [read more]

The Central Bureau of Statistics (BPS) reported that the number of foreign tourist visits to Indonesia in November 2020 has reached 175,300 visits, a sharp decline by 86.31% from November 2019. However, the number of visits grew by 13.9% from 153,900 visits in October 2020. [read more]

BPS reported the 2020 inflation at 1.68%, the lowest since it started the inflation data compilation back in 1966. Compared to 2014, 2020 inflation was at the low level. In 2014, inflation was recorded at 8.3%, then it declined to 3.35% in 2015. In 2016, inflation was recorded at 3.02% and in 2017 a... [read more]

PT Ciputra Residence, a subsidiary of Ciputra Group is confidence that the property demand in the eastern area of Malang will grow after the completion of several infrastructure projects in the area. Since 2015, Ciputra Group has been developing the exclusive residential of CitraGarden Malang on a 1... [read more]

Trans Properti has completed the apartment complex of the integrated project of Transpark Cibubur, comprising an apartment and an integrated hotel with a mall residing on a total land area of four hectares. The partial handover of Aurora Tower’s unit started on 31 December 2020 by following the stri... [read more]