MingtiandiArticle
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.
Read the full report at Mingtiandi
Published by Mingtiandi. Global Real Estate Intelligence links to the original source and credits the publisher; all rights remain with them.