SUBSCRIBERS

CapitaLand in JV to develop Jakarta integrated project

Published Mon, Nov 17, 2014 · 09:50 PM

Singapore

PROPERTY giant CapitaLand has entered into a 50-50 joint venture with a subsidiary of Indonesian real estate, auto and mining group Credo Group to develop an integrated development in Central Jakarta.

The development is not expected to have a material impact on net tangible assets or earnings per share for its current financial year. It will comprise a Grade A office tower, mid- to high-end residential units, serviced residences and supporting retail space, with a total gross floor area of more than 40,000 square metres. Construction is expect…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Companies & Markets

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here