ABNR Counsellors at Law has demonstrable experience across the full spectrum of real estate matters, including land acquisitions and due diligence, commercial leases, property-related financing and commercial real estate development projects, as well as M&As and private equity transactions. Counting domestic and international corporations among its key roster of clients, the team frequently collaborates with the firm’s projects and energy group to advise on the real estate aspects of high-end energy and infrastructure projects, including power plant, airport and railway developments. Practice leader Rita Tyastuti Taufik is noted for her expertise in real estate-related joined ventures and M&A transactions. Other key members of the team include Agus Ahadi Deradjat, Giffy Pardede and foreign counsel Gustaaf Reerink.
Real estate in Indonesia
ABNR Counsellors at Law
Practice head(s):
Rita Tyastuti Taufik
Other key lawyers:
Agus Ahadi Deradjat; Giffy Pardede; Gustaaf Reerink
Assegaf Hamzah & Partners
Assegaf Hamzah & Partners advises domestic and international companies on a broad range of real estate mandates, from asset management and property development projects to construction agreements and M&A transactions. The team, which boasts impressive advisory and litigious capabilities, is well-placed to collaborate with the firm's energy and projects practice to advise on the real estate aspects of infrastructure projects. Yogi Sudrajat Marsono leads the team and handles high-value real estate transactions, in addition to contentious matters, while associates Agnes Wardhana and Heru Pamungkas are also key figures in the team.
Practice head(s):
Yogi Sudrajat Marsono
Other key lawyers:
Agnes Wardhana; Heru Pamungkas
Key clients
The Indonesian Chamber of Commerce and Industry or KamarDagang dan Industri Indonesia
Ministry of State Secretariat
PT Pelabuhan Indonesia Maspion
PT Penjaminan Infrastruktur Indonesia (Persero) (IndonesiaInfrastructure Guarantee Fund)
PT Aneka Tambang Tbk.
PT Perkebunan Nusantara X
Gurit Group
PT Krakatau Steel (Persero) Tbk
PT BASF Indonesia
PT Regus Business Centre Indonesia
Yayasan Jakarta Intercultural School
PT Affinity Health Indonesia
PT Nirvana Wastu Pratama
Skyworth Limited Group
PT Beiersdorf Indonesia
PT Wicaksana Overseas International Tbk.
PT Jakarta Industrial Estate Pulogadung
PT Garam (Persero)
PT Haidilao Indonesia Restaurants
PT Ajinomoto Indonesia
PT Toyota Motor Manufacturing Indonesia
Ramsay Sime Darby Health Care Sdn Bhd
PT Petrokimia Gresik
PT Pupuk Kalimantan Timur
PT Holland Colour Asia
Iron Mountain Pte Ltd
PT Pelindo Terminal Petikemas
PT Krakatau Tirta Industri
PT Samanea Tangerang Development
PT Bio Farma (Persero)
PT Sengon Hijau Lestari
Work highlights
- Advising PT Pelabuhan Indonesia Maspion on USD 1.2 billion container terminal and an industrial logistics park project in East Java.
- 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 is noted for its expertise in hotel acquisitions, joint ventures, leasing transactions in the office and retail sectors, residential developments, as well as the acquisition of land in relation to plantations. Practice leader Mita Djajadiredja acts for domestic and international clients on real estate-related M&As and private equity transactions, while Wimbanu Widyatmoko has experience in the hotel and resort sector. Bima Sarumpaet left the firm in April 2022 to join MacalloHarlinMendrofa.
Practice head(s):
Mita Djajadiredja
Other key lawyers:
Wimbanu Widyatmoko
Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills
Counting real estate funds, manufacturing companies, international hotel groups, multinational banks and financial institutions among its key roster of clients, Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills advises on the real estate aspects of M&As and restructurings, as well as investments and joint ventures. Vik Tang leads the practice and advises on cross-border M&As and private equity transactions in the real estate sector, while Teguh Arwiko left the firm in May 2022 to Widyawan & Partners. Associate Astri Widita Kusumowidagdo is another key member of the team and focuses on real estate transactions.
Practice head(s):
Vik Tang
Other key lawyers:
Astri Widita Kusumowidagdo
Key clients
Genting Group
Government of Singapore Investment Corporation (GIC)
Marriott International, Inc
PT Indosat Tbk
PT Inti Bangun Sejahtera Tbk (IBS) / Sinar Mas Group
PT Telkom Indonesia Tbk (Telkom)
PT Telekomunikasi Selular (Telkomsel)
PT Pakuwon Jati Tbk
Work highlights
- Advised PT Indosat Tbk on the US$750 million sale and leaseback of approximately 4,200 telecoms towers to EdgePoint Indonesia.
- Assisted GIC in divesting its entire stake in PT Metropolitan Land Tbk to a group of purchasers led by PT Ciputra Internasional in the negotiated market of the Indonesian Stock Exchange.
- Advised Marriott International on the development and management of luxury hotels across Indonesia under the Starwood brand.
Leks&Co
Specialist real estate firm Leks&Co covers the full range of contentious and non-contentious matters, from projects acquisitions and advisory work to commercial property disputes. Founder and managing partner Eddy Leks leads the team and has demonstrable experience in M&As and foreign investments in the real estate sector. Ivor Pasaribu, who advises on real estate disputes, is another key contact in the practice.
Practice head(s):
Eddy Leks
Other key lawyers:
Ivor Pasaribu
Key clients
Keppel Land Group
PT Takenaka Indonesia, part of Takenaka Corporation
PT Jakarta Pakar Kardia, part of TE Asia Healthcare
PT Prospek Duta Sukses, part of INPP Group
PT Makna Alam Sejahtera, part of Sino Ocean Group
Tokyu Land Indonesia
PT Ciputra Adigraha
PT Nikomas Gemilang, part of Pou Chen Group
Work highlights
- Assisting PT Makna Alam Sejahtera in drafting sales package documents for the sale of condominium unit on a property complex consisting of residential and commercial condominium in Tangerang.
- Assisting PT Jakarta Pakar Kardia in drafting and reviewing a non-FIDIC construction contract for the construction of a heart hospital in DKI Jakarta.
- Assisting PT Takenaka Indonesia, part of Takenaka Corporation, in reviewing a FIDIC-form of the Particular Condition of Subcontract for its construction project.
SSEK Law Firm
SSEK Law Firm houses a strong real estate practice ‘with a wealth of knowledge’ in the tourism and hospitality sectors. The team advises on land acquisition and licensing matters in the energy and natural resources industry, in addition to handling real estate acquisitions for hotel developments, industrial-use and infrastructure projects. Key clients include hospitality and leisure companies, real estate services firms and resort developers. Denny Rahmansyah, who advises on the real estate aspects of M&As and foreign investments, as well as hotel and resort developments, jointly leads the team alongside Michael Twomey, who focuses on commercial real estate developments. Other key contacts in the practice include Michael Carl and ‘resourceful’ Nico Mooduto.
Practice head(s):
Denny Rahmansyah; Michael Twomey
Other key lawyers:
Michael Carl; Nico Mooduto
Testimonials
‘They have a strong and knowledgeable team for handling property clients. They are very good at it and even the junior associates have more than sufficient knowledge to answer any pop up questions given at any time.’
‘We worked with Nico Mooduto directly. He was resourceful and had a quick turnaround time.’
‘Great team that’s commercially minded, responsive and guided us well in our first hotel acquisition. Good communication skills, negotiation throughout SPA negotiations, and well-rounded.’
‘Experienced partner and up-to-date knowledge. Prompt responses given.’
‘The firm is a dynamic and has a team of lawyers with a wealth of knowledge.’
Key clients
MRT Jakarta
TSH Resources Berhad (TSH)
Samanea Group
China Fortune Land Development (CFLD)
Ovolo Group
GE Lighting Indonesia
Jones Lang LaSalle
Sentul City
Work highlights
- Advised Singapore-based Samanea Group and its Indonesian subsidiary on the development of the One-Stop O20 Regional Wholesale Trade City, the first and most comprehensive wholesale center in Indonesia.
- Assisted Indonesian property developer Sentul City Tbk in the sale of Aeon Mall Sentul City to Aeon Japan, the operator of the Aeon retail brand.
- Assisted China Fortune Land Development with the acquisition of approximately 280 hectares of land, with the acquired land to be developed into an industrial estate and residential and commercial center.
Bagus Enrico & Partners (BE Partners)
Noted for its expertise in the hospitality sector, Bagus Enrico & Partners (BE Partners) acts for foreign investors and state-owned entities on a range of matters concerning land acquisitions, hotel M&A transactions and commercial real estate developments. Managing partner Bagus Nur Buwono jointly leads the practice alongside Enrico Iskandar. Key clients include Karma Royal Group, Larsen & Toubro and Siwa Group, among others.
Practice head(s):
Bagus Nur Bowono; Enrico Iskandar
Key clients
Karma Royal Group
Larsen & Toubro Construction
SIWA Group
China Road and Bridge Corporation (CRBC)
Long John Group
Thai Union Feedmill Company Ltd
Boilermech Sdn Bhd
Roberto Bonetto
International Federation of Red Cross and Red Crescent Society (IFRC)
PT When Are We Together
Hanafiah Ponggawa & Partners – Dentons HPRP
With experience across the hospitality, manufacturing and e-commerce sectors, Hanafiah Ponggawa & Partners – Dentons HPRP advises on a range of real estate transactions, including land acquisitions, restructurings and share disposals, in addition to general corporate matters. Al Hakim Hanafiah, who acts for domestic and international clients on the real estate aspects of energy and infrastructure projects, leads the team alongside Constant Ponggawa, Fabian Buddy Pascoal, Chadri Jurnalis and Fabiola Hutagalung. Senior associate Trijoyo Ariwibowo is another key contact.
Practice head(s):
Al Hakim Hanafiah; Constant Ponggawa; Fabian Buddy Pascoal; Chadri Jurnalis; Fabiola Hutagalung
Other key lawyers:
Trijoyo Ariwibowo
Key clients
PT Sariarthamas Hotel International
PT Jazz Audio Indonesia
Work highlights
- Acting for PT Sariarthamas Hotel International in its plan to develop and rebrand Sari Pacific Jakarta hotel.
- Advising PT Jazz Audio Indonesia on its $2m land acquisition.
Makarim & Taira S.
Makarim & Taira S. acts for oil and gas companies, power plant developers, resort owners and manufacturers on land acquisitions, in addition to leasehold arrangements, structuring of development projects and property investments. The team also has experience advising hotel operators on contractual matters in Indonesia. Rahayu Ningsih Hoed leads the team and advises on land acquisitions for infrastructure and mining projects, while Harris Toengkagie focuses on land disputes.
Practice head(s):
Rahayu Ningsih Hoed
Other key lawyers:
Harris Toengkagie
Walalangi & Partners in association with Nishimura & Asahi
Walalangi & Partners in association with Nishimura & Asahi advises on a broad range of matters concerning land acquisitions, joint ventures, building and planning requirements, land sub-division, in addition to the leasing and sale of property. Luky Walalangi leads the team and focuses on M&A transactions in the real estate sector, while Miriam Andreta is another key member of the team. Key clients include Mitsubishi Corporation and Toyota Tsusho Corporation, among others.
Practice head(s):
Luky Walalangi
Other key lawyers:
Miriam Andreta; Hans Adiputra Kurniawan
Key clients
Cool Japan Fund
DeClout
Denso Corporation
Dhost Telekomunikasi Nusantara, PT
Diamond Development Indonesia, PT
Essex Bio – Technology Limited
Family Mart Co., Ltd
GS Yuasa Corporation
Haseko Corporation
Hitachi Transport System, Ltd.
Hokkan Holdings Corporation
Idemitsu Kosan, Co., Ltd
INPEX
Itochu Corporation
Junhe Law Office
Kobelco Group
List Holdings Singapore Pte., Ltd
Lotte Co., Ltd
Macallan Capital
Marubeni Corporation
Mitbana Corporation
Mitbana Jurong Pte., Ltd
Mitsubishi Corporation
Mitsubishi UFJ Lease & Finance
Mitsui & Co., Ltd
Mitsui Energy Trading Singapore
Mitsui Indonesia, PT
Mizuho Bank, Ltd
MUFG Bank
Nippon Steel Corporation
Orient Corp.
Osaka Steel Corporation
Otsuka Holdings Co., Ltd.
PING AN
Resona Bank, Japan
Resona Indonesia Finance, PT
Roblox
Saint-Gobain Indonesia subsidiaries
Secom., Co Ltd
Showa Denko
Showa Leasing Co., Ltd
SMBC Nikko Securities Inc.
Squire Patton Boggs Singapore LLP
TIS Inc.
Tokyo Gas Corporation
Tokyo Tatemono
Toyota Tsusho Corporation
TREC, PT
TTLR, PT
Yamaha Motor, Co., Ltd
Yamaha Music Indonesia, PT
Work highlights
- Acting as counsel to Mitsubishi Corporation (MC) in project development of smart urban facilities.
- Acting as counsel to Mitsubishi Corporation (MC) and its Indonesian subsidiary PT Diamond Development Indonesia (DDI) in their new urban integrated township project with an estimated gross development value (GDV) of approx. USD 700 million in SHILA at Sawangan.
- Acting as counsel to Toyota Tsusho Corporation and PT Toyota Tsusho Indonesia in their joint venture with Takenaka Corporation to cooperate in management and development of AXIA service apartment in Cikarang, West Java, Indonesia.