Firms To Watch: Real estate

Mochamad Kasmali leads Hogan Lovells in association with Dewi Negara Fachri & Partners in its work across matters relating to office space, retail, industry and hotels.
Hutabarat Halim & Rekan advises clients across the real estate sector, with expertise in hospitality, tourism, entertainment and the construction of mixed-use facilities.

Real estate in Indonesia

ABNR Counsellors at Law

ABNR Counsellors at Law advises its domestic and multinational clients on a wide array of real estate matters, including financing and sales of major land developments for commercial and residential properties. In addition, the firm is well-equipped to act for its clients in dispute resolution matters, from mediation to litigation. The practice is led by Rita Tyastuti Taufik who has worked on joint ventures on the development of major commercial projects in Jakarta and Yogyakarta. Also of note are Agus Ahadi Deradjat, Gustaaf Reerink and, on the associate level, Danny Tanuwijaya.

Practice head(s):

Rita Tyastuti Taufik

Other key lawyers:

Agus Ahadi Deradjat; Gustaaf Reerink; Tanuwijaya

Key clients

PT. Nirvana Wastu Pratama

China Everbright Environment Group Limited

China Tianying Inc

Daikin Industries, Ltd.

GDS Holdings Ltd

Goodhope Asia Holdings Ltd

Granitor Systems APAC (formerly Midroc Europe)

IMCD Group

PT Baker Hughes Indonesia

PT Meulaboh Power Generation

PT Tanggamus Electric Power

Assegaf Hamzah & Partners

Assegaf Hamzah & Partners acts for major local and foreign clients in all sectors of real estate on issues relating to residential, commercial and industrial properties. In addition, it has assisted clients in land procurement matters regarding infrastructure work and industrial development as well as dispute resolution. Yogi Sudrajat Marsono, who heads the real estate practice, has represented clients on real estate M&A, asset management and construction agreements. Also of note is Heru Pamungkas who focuses on dispute resolution and was promoted to partner in March 2023.

Practice head(s):

Yogi Sudrajat Marsono

Other key lawyers:

Heru Pamungkas


The team is very approachable, I love the way they are always available and that they are able to translate legal information into business context for our commercial team.

AHP’s real estate team is a team that is able to marry their resources of strong lawyers from other various fields.

Key clients

Gurit Group

Iron Mountain Pte Ltd

Ministry of State Secretariat

PT Ajinomoto Indonesia

PT Aneka Tambang Tbk.

PT BASF Indonesia

PT Bio Farma (Persero)

PT Garam (Persero)

PT Haidilao Indonesia Restaurants

PT Holland Colour Asia

PT Jakarta Industrial Estate Pulogadung

PT Krakatau Steel (Persero) Tbk

PT Krakatau Tirta Industri

PT Nirvana Wastu Pratama

PT Pelabuhan Indonesia Maspion

PT Pelindo Terminal Petikemas

PT Penjaminan Infrastruktur Indonesia (Persero)

PT Perkebunan Nusantara X

PT Regus Business Centre Indonesia

PT Samanea Tangerang Development

PT Sengon Hijau Lestari

PT Toyota Motor Manufacturing Indonesia

PT Wicaksana Overseas International Tbk.

Ramsay Sime Darby Health Care Sdn Bhd

Skyworth Limited Group

The Indonesian Chamber of Commerce and Industry or Kamar Dagang dan Industri Indonesia

Yayasan Jakarta Intercultural School

Work highlights

  • Assisted PT Pelabuhan Indonesia Maspion in the development of the Gresik Port.
  • Assisting PT Petrokimia Gresik to assess and formulate the mechanism to manage the land and building assets owned by PT Petrokimia Gresik.

Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie

Hadiputranto, Hadinoto & Partners, a member firm of Baker McKenzie offers cross-border expertise, and is particularly noted for its work with foreign investors into the Indonesian real estate market. The firm advises on hotel transactions, leasing transactions, new developments and construction projects. Mita Djajadiredja leads the real estate practice and is experienced in join ventures, shareholder agreements and strategic business alliances connected to real estate. In addition, Daniel Pardede has led on real estate acquisitions and provided general real estate advice.

Practice head(s):

Mita Djajadiredja

Other key lawyers:

Daniel Pardede; Eric Chunata


‘The team is very knowledgeable when it comes to the law and experienced in handling difficult legal issues. They are very familiar and confident in dealing with local authorities. They provide an exceptionally high level of service. Each team member is highly committed and a pleasure to work with. ’

‘Mita Djajadiredja is a very seasoned practitioner who knows the law inside out. She is proactive and takes initiative to deal with any issues encountered. She manages her team well and is supported by her very able senior associate, Eric Chunata.’

Key clients

Astra Land Indonesia

BDx Data Centre Pte Ltd

Hongkong Land

LOGOS Property

PT Taisho Pharmaceutical Indonesia Tbk

Work highlights

  • Assisted BDx Data Center Pte. Ltd. (BDx) through BDx Indonesia — a joint venture between BDx, PT Indosat Tbk and PT Aplikanusa Lintasarta.
  • Acting for PT Astra Land Indonesia in the acquisition of 50 hectares of land in Cikupa, Tangerang from PT Delta Mega Persada, which is owned by CFLD Investment II Pte. Ltd. and PT Alam Sutera Tbk.
  • Assisted PT Taisho Pharmaceutical Indonesia Tbk in respect of its purchase of a plot of land located in Depok area.

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills

Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills acts across the real estate sector in Indonesia, such as in M&A, joint ventures, capital markets, investments, financings and restructurings. The firm has recently worked on data centre projects and telecom tower sales. Its association with Herbert Smith Freehills provides a greater pool of talent to draw from in order to provide clients with the best possible service. The practice group is led by Vik Tang, who specialises in M&A and private equity work and Irfan Ghazali who joined the firm in May 2022. Astri Widita Kusumowidagdo is noted for her focus on real estate transactional matters.

Practice head(s):

Vik Tang; Irfan Ghazali

Other key lawyers:

Astri Widita Kusumowidagdo


‘The real estate team is led by a very experienced and hardworking partner with great legal acumen. He is partnered with two other local partners who are very experienced in their fields. With their affiliation with Herbert Smith Freehills, they are able to pull international expertise and balance it with local wisdom and flavour.’

‘Vik Tang is very hands on no how matter big or small the issue or matter is despite him being a senior partner.’

‘Irfan Ghazali’s experience in “corporate Indonesian culture” brings a very pragmatic approach to complex issues.

‘Stephanie is hardworking and has good technical skills.’

Key clients

PT Nirvana Wastu Pratama (NWP)

Marriott International, Inc

PT Indosat Tbk


Indies Capital

Work highlights

  • Advised PT Indosat Tbk on its joint venture investment with BDx Asia Data Center Holdings Pte Ltd to upgrade and operate multiple data centre businesses in Jakarta, in the largest ever foreign investment into Indonesia’s burgeoning data centre sector.
  • Advised PT Nirvana Wastu Pratama, a subsidiary of Warburg Pincus, on acquisition of a shopping mall, hotel and plot of land used for a restaurant in a mixed-use property complex in Depok, West Java.
  • Advised Indies Capital in the acquisition from the Ciputra Group of 60% of the shares in the operators of 70 Swiss-bel and Zest hotels across Indonesia.

Makes & Partners

Makes & Partners advises major real estate conglomerates on a wide range of matters, including the acquisitions of commercial, residential and healthcare properties. In addition, its close connection with government and regulatory authorities ensures the firm can effectively and efficiently navigate the complex regulations surrounding real estate transactions. Fransisca, the practice leader for the firm, regularly advises multi-national corporations on acquisitions regarding hospitality properties. Also of note for her work across the real estate sector is Angela Epiphani Reformanda. In May 2023, Sabrina Fauzanazila joined the firm from an in-house position.

Practice head(s):


Other key lawyers:

Angela Epiphani Reformanda; Sabrina Fauzanazila

Key clients

PT Agung Podomoro Land Tbk.

PT JTD Jaya Pratama

PT Lippo Karawaci Tbk.

PT Plaza Indonesia Realty Tbk and PT Plaza Indonesia Investama

PT Kawasan Industri Jababeka Tbk.

PT Multipolar Technology Tbk

PT Summarecon Agung Tbk

PT Royal Pacific Nusantara

PT Pakuan Tbk.

Work highlights

  • Advised PT Agung Podomoro Land Tbk, a giant real estate developer in Indonesia, in the sale of its ownership over Central Park Mall.
  • Assisted PT Kawasan Industri Jababeka Tbk in an exchange offer transaction, amounting to USD185,856,000, of 6.50% Notes due 2023 and a consent solicitation exercise.
  • Advised PT Lippo Karawaci Tbk. (the “Company”) in connection with the consent solicitation and notes tender offer of the Company.

SSEK Law Firm

SSEK Law Firm houses a diverse real estate practice, assisting with land acquisitions, property developments, financings, sales and leasing matters in addition to acting in real estate disputes. The firm has acted for clients in the tourism and hospitality sectors, especially within Jakarta and Bali, and the energy and natural resources sector. The real estate practice is led jointly by Denny Rahmansyah, who particularly specialises in real estate work related to hospitality properties, and Michael Twomey, who advises multi-national coperations on commercial real estate development. Other members of note are Michael Carl, who is active in the natural resources sector, and Nico Mooduto for his work on data centre developments.

Practice head(s):

Denny Rahmansyah; Michael D Twomey

Other key lawyers:

Michael Carl; Nico Mooduto

Key clients

Jones Lang LaSalle

Ovolo Group

TSH Resources Berhad

China Fortune Land Development

Gesit Companies

Samanea Group

GDS Services Ltd.

Princeton Digital Group

Sentul City

Work highlights

  • Advised Singapore-based Samanea Group and its Indonesian subsidiary, PT Samanea Tangerang Development on the development of the One-Stop O20 Regional Wholesale Trade City.
  • Assisted TSH Resources Berhad, one of the largest Malaysia-based oil palm plantation groups, with the disposal of land covering more than 13,000 hectares in North Kalimantan, Indonesia, for a total of US$162 million.
  • Assisted Ovolo Group with the acquisition of a resort hotel in Bali.

Bagus Enrico & Partners (BE Partners)

Bagus Enrico & Partners (BE Partners) assists major domestic and international companies woth property development and construction matters, with a particular specialism within the hotel and property space, including hotel-related transactions, land acquisitions, property management, buy-back schemes and time-sharing arrangements. Bagus Nur Buwono  and Enrico Iskandar head the firm’s real estate practice. Other notable members include Debu Batara Lubis  and Jeany Tabita.

Practice head(s):

Bagus Nur Bowono; Enrico Iskandar

Other key lawyers:

Debu Batara Lubis; Jeany Tabita

Key clients

Karma Royal Group


SIWA Group

PT Keller Franki Indonesia

Jazz Hipster Corporation

Bridge Data Centre Pte. Ltd





International Federation of Red Cross and Red Crescent Society

Hanafiah Ponggawa & Partners – Dentons HPRP

Hanafiah Ponggawa & Partners – Dentons HPRP advises domestic and foreign clients on the laws and regulations governing real estate transactions and land acquisition, often in relation to hospitality properties. In addition, the real estate practice has represented clients in disputes in collaboration with its litigation and dispute team. The team is jointly led by Al Hakim Hanafiah, who is experienced in real estate matters relating to industrial and residential properties, alongside Constant Ponggawa, Fabian Buddy Pascoal, Fabiola Hutagalung and Nashatra Prita.

Practice head(s):

Al Hakim Hanafiah; Constant M. Ponggawa; Fabian Buddy Pascoal; Fabiola Hutagalung; Nashatra Prita


‘They have good team with capable people and legal knowledge.’

‘The individuals are diligent. They are able to give insight into the hospitality industry.’

Key clients

PT Sariarthamas Hotel International

PT Saraswanti Indoland Development, Tbk

PT Esta Multi Usaha Tbk

PT OSI Electronics

PT Prima Bangun Investama

Work highlights

  • Assisted a hotel franchise agreement between a local hotel with Global Hospitality Licensing S.A.R.L.
  • Representing OSI Electronics Pte. Ltd in the acquisition of land located in Batam City, Indonesia.

Makarim & Taira S.

Makarim & Taira S. advises a wide range of clients, including embassies, power plant developers, resort owners, and oil & gas companies on land acquisitionss. The firm draws from its global connections, as part of Drew Network Asia, to provide the relevant expertise to its clients on cross-border issues. Rahayu Ningsih Hoed is the head of the real estate practice and has acted on matters relating to power, infrastructure and mining. Harris Toengkagie is another key member of the practice.

Practice head(s):

Rahayu Ningsih Hoed

Other key lawyers:

Harris Toengkagie

Key clients

PT Wartsila Indonesia

Walalangi & Partners in association with Nishimura & Asahi

Walalangi & Partners in association with Nishimura & Asahi provide services to a wide range of clients, including international property developers and Indonesian foreign investment companies. The firm is well-versed in the regulations pertaining to real estate in Indonesia, enhancing its work on land acquisition, planning and structuring matters. Luky Walalangi leads the real estate practice with clients including Mitsubishi Corporation and Hankyu Hanshin Properties Corporation. Miriam Andreta is also central to the practice.

Practice head(s):

Luky Walalangi

Other key lawyers:

Miriam Andreta

Key clients

AEL Indonesia, PT

Bank of Ayudhya Thailand

Casio Co., Ltd.

Colliers International

Cool Japan Fund


Deel Inc.

Denso Corporation

Dhost Telekomunikasi Nusantara, PT

Diamond Development Indonesia, PT

Digital Payments Holdings, Pte., Ltd.

Essex Bio – Technology Limited

Family Mart Co., Ltd.

Geo Technologies, Inc.

Global AI Innovations Laboratory Co., Ltd. (Gailabo)

Google Inc.

Google Indonesia

GS Yuasa Corporation

Hankyu Hanshin Properties Corp.

Haseko Corporation

Hitachi Transport System, Ltd.

Hokkan Holdings Corporation

Idemitsu Corporation

Idemitsu Kosan Co., Ltd.

Idemitsu Lube Indonesia, PT

Idemitsu Lube Techno Indonesia, PT

Indonesian Defence and Security Technologies, PT

Indonesia Steel Tube Works, PT


Itochu Corporation

Itochu Singapore, Pte., Ltd.

Japan Asia Medical Investment Corporation

Junhe Law Office

KDDI Corporation

Krama Yudha Ratu Motor, PT

Krama Yudha Tiga Berlian Motor, PT

Kobelco Group

LAPI Laboratories, PT

List Holdings Singapore Pte., Ltd.

Lotte Co., Ltd.

Macallan Capital

Marubeni Corporation

Mercedez Benz AG

Metal One Corporation

Mitbana Corporation

Mitbana Jurong Pte., Ltd.

Mitsubishi Corporation

Mitsubishi Corporation LT, Inc.

Mitsubishi Corporation Trading Indonesia, PT

Mitsubishi Corporation Urban Development Indonesia, PT

Mitsubishi UFJ Lease & Finance

Mitsui & Co., Ltd.

Mitsui Energy Trading Singapore

Mitsui Indonesia, PT

Mizuho Bank, Ltd.


Nippon Steel Corporation

Nokia Indonesia

Orient Corp

Osaka Steel Corporation

Otsuka Holdings Co., Ltd.

OY! Indonesia

Penske Truck Leasing


Properti Solusi Manajemen

Resona Bank, Japan

Resona Indonesia Finance, PT


Saint-Gobain Indonesia subsidiaries

Secom Co., Ltd.

Showa Denko

Showa Leasing Co., Ltd.

SMBC Nikko Securities Inc.

Squire Patton Boggs Singapore LLP

Superstructure Technologies Pte., Ltd.

TIS Inc.

Tokyo Gas Corporation

Tokyo Tatemono

Toyota Tsusho Corporation



Yamaha Motor, Co., Ltd.

Yamaha Music Indonesia, PT

Work highlights

  • Advising Mitsubishi Corporation on the project development of smart urban facilities through joint venture and acquisition with the leading Real Estate Indonesian conglomerate, Sinar Mas Land.
  • Advising Hankyu Hanshin Properties Corp. in its investment in PT Duta Cakra Pesona which owns and operates 3 prestigious premium buildings and offices in Jakarta.
  • Assisting PT MC Urban Development Indonesia (MCUDI), a real estate development company and a wholly-owned subsidiary of Mitsubishi Corporation (MC), in its strategic partnership with Indonesia Investment Authority and the ESR Group to develop an estimated US$1 billion worth of logistic assets in Indonesia over the next five years, through joint venture investments in modern warehouse facilities in Cikarang and Karawang, West Java.