Real Estate
Asia-Pacific Guide 2024 : Indonesia
Band 3
Contact number
+(62 21) 2988 5959About
Provided by Bagus Enrico & Partners
Jointly headed by Bagus Nur Buwono and Enrico Iskandar, this practice focuses on integrated property projects in Jakarta's financial district. They represent clients in land acquisition, condominium development, and advise multinational companies on construction regulatory compliance.
We have represented a joint venture company between an Indonesian property owner/developer, Trivo Group and Daiwa House in developing an integrated super block residential, hotel and commercial complex, known as Sakura Garden City in East Jakarta.
The team continues advising and representing one of the largest Chinese State-Owned Company, China Road and Bridge Corporation (CRBC) on various land acquisition, including the recent representation for concluding an approximately USD20 million acquisition of land for the development of condominium property in Jakarta. We have also been assisting and representing various multinational company, such as Long John Group and Thai Union Group, on significant land transactions in Indonesia. Other clients include the largest Indian construction company, Larsen & Toubro Construction, on a wide range of advisory of construction regulatory and compliance, incorporation of construction company and structuring a potential Joint Operation with State-Owned Institution in renewable energy project.
Chambers Review
Bagus Enrico & Partners in Jakarta is well placed to advise clients on transactions in Indonesia's real estate sector, including acquisitions, disposals, joint ventures and corporate restructuring. The team often advises on residential, commercial and office developments, as well as industrial land. It also helps clients with construction-related issues. Clients include Karma Royal Group, Larsen & Toubro Construction and Bridge Data Centre.
Enrico Iskandar is a key point of contact for clients.
Work Highlights
- Bagus Enrico & Partners advised China Road and Bridge Corporation on legal due diligence for two pieces of land in Jakarta, to be developed for residential, office and shopping centre facilities.