Jardine Matheson's Astra Property Buys 83.67% of Indonesian Warehouse Owner MMP for $202m
Astra Property acquired an 83.67% stake in Mega Manunggal Property (MMP), owner of 13 large-format warehouses across Java (546,000 sqm NLA) plus Greater Jakarta/Surabaya development land, for IDR3.35 trillion (~$202 million), with a mandatory tender offer to follow for the remaining shares.
Published by Mingtiandi. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.
Provenance
- Publisher
- Mingtiandi
- Obtained from
- Mingtiandi
- Published
- Oct 2, 2025
- Last updated
- Jul 18, 2026 (29 days ago)
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