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At Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie, Wimbanu Widyatmoko has particular expertise in hotel resorts and tourism related real estate matters. Mita Djajadiredja, another notable name, advised Astra International on a joint venture with Hongkong Land concerning a residential project called Astra Land Indonesia. He also represented Mitsubishi Estate Asia in acquiring a 50% stake in

Windas Development, which holds a right to build land title on a plot of land in the Special Capital Region of Jakarta. Mark Innis assisted Canada Pension Plan Investment Board with a Singapore fund’s investment into Indonesian property.

Hanafiah Ponggawa & Partners’ team is led by Al Hakim Hanafiah, who is highly experienced in real estate matters. Hanafiah assisted Brewin Mesa with an apartment development project in West Java, and advised Schuetz Container System Indonesia in relation to an Indonesian manufacturing base. Giovanni Mofsol Muhammad assisted Yin Hwa Indonesia with relocating its manufacturing base.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills works on a number of complex transactions in the real estate sector. Vik Tang acted for GIC in the forward purchase of an office tower in Central Jakarta. David Dawborn advised Mars on the purchase of girik land for the development of a research and development facility.

The ‘outstandingLeks&Co’s real estate practice is led by Eddy Leks, who has ‘an in-depth knowledge’ of real estate. Leks advised a number of property developers on sale and lease agreements, and Ivor Pasaribu is also a key figure. The firm advised Harapan Global Niaga on a plot of land in the centre of Jakarta, and assisted Kuningan Nusajaya with drafting a lease agreement for an office building in Menara Palma II.

Makarim & Taira S.’ real estate practice works with clients such as Country Garden, New Forests and Sumitomo. Rahayu Ningsih Hoed advised Marubeni on land acquisition for the development of a power plant. Richard Cornwallis is highly experienced in real estate matters, particularly in the hotel and tourism sector. Ben Clanchy assisted the Australian Embassy with the sale of commercial land in Jakarta. He also advised on the purchase of land and buildings for an international chain of hotels.

Oentoeng Suria & Partners is highly adept in real estate-related transactions. Ratih (Ipop) Nawangsari is a key figure.

SSEK Legal Consultants has a strong track record in real estate matters, with a particular emphasis on tourism and hospitality matters.

Soemadipradja & Taher’s work in real estate stems from its work in M&A and projects and energy. Key figure Mochamad Kasmali recently conducted due diligence on the Southeast Capital Project for Daiwa House.

Ali Budiardjo, Nugroho, Reksodiputro has expertise in commercial and industrial real estate matters. Luky Walalangi advised Tokyo Tatemono on its investment in an apartment and tower block in South Jakarta, and acted for Mitsubishi regarding a mixed-use development project in Tangerang Regency.

Assegaf Hamzah & Partners has significant expertise in foreign direct investment in real estate. Yogi Marsono heads the practice and recently assisted Facebook Singapore and Vivo Indonesia with office space in Jakarta’s central business district.

Hutabarat Halim & Rekan recently advised LaSalle College International on restructuring and real estate transactional matters relating to its Indonesian entity. The firm also assisted Misool Eco Resort with a company and diving resort, acted for Feedmill Indonesia in the purchase of a plot of land and building in Medan Industrial Park from CCM Agripharma, and advised Palm Beachfront Development on the development of an exclusive island resort. Peter Fanning, Pheo Hutabarat and Rosna Chung are key contacts.

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Legal Developments in Indonesia for Real estate

  • The New Apartment Law

    Law No. 20 of 2011 on Apartments was issued on 10 November 2011 ("Law 20/2011") and revoked the previous law on the same subject matter ("Law 16/1985"), which was considered to no longer be in line with the current conditions. 
    - Lubis Ganie Surowidjojo

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