Real Estate
Asia-Pacific Guide 2025 : Indonesia
Band 2
About
Provided by Makarim & Taira S.
Makarim & Taira S. consistently earns top-tier recognition, upholding a standard of excellence in the dynamic realms of real estate and land acquisition, both known for their fast-paced nature. Renowned for our success in negotiating complex land acquisitions, our clientele spans foreign embassies, power plant developers, resort owners, oil and gas companies, manufacturers, and key players in the mining industry.
Our Real Estate experts bring significant experience to the table, adept in drafting and negotiating leasehold arrangements, structuring strata title projects, and guiding clients in property development investments. We have honed an unparalleled skill set in successfully concluding major land acquisition and real estate transactions, including rigorous due diligence exercises and effective collaboration with opposing counsel and other stakeholders.
The Firm has also built an expertise in navigating the nuanced landscape of zoning laws and land use regulations as well as in providing invaluable guidance on compliance with local ordinances and regulatory requirements, helping clients traverse the intricacies of real estate development projects. Moreover, our professionals are well-versed in addressing title disputes, overseeing project development, and resolving issues related to ownership boundaries. Their work extends to advising on foreign ownership restrictions, offering tailored legal solutions for non-local entities seeking property ownership in Indonesia.
Chambers Review
The team of lawyers at Makarim & Taira S assists local and international real estate corporates with their operations in Indonesia, as well as advising on land acquisitions and property developments. Its real estate practice encompasses advice on industrial, residential, office and commercial properties.
Work Highlights
- Makarim & Taira S. acted as the local counsel for ESR Group, which entered into a strategic partnership with MC Urban Development Indonesia and the Indonesia Investment Authority. It consisted of a joint investment in modern warehouse facilities situated in three prime logistics parks in Cikarang and Karawang, West Java.
Strengths
Provided by Chambers
"Makarim & Taira S. has strong expertise in cross-border transactions and are also multi-disciplinary, which assists clients in all aspects of the transaction."
"Makarim & Taira S. has strong expertise in cross-border transactions and are also multi-disciplinary, which assists clients in all aspects of the transaction."
Notable Practitioners
Rahayu Ningsih Hoed heads the Makarim & Taira S.'s real estate practice. She advises clients on land acquisition and land rights issues in Indonesia, including those relating to energy projects.
"Rahayu Ningsih Hoed has an impressive level of knowledge and an ability to navigate the system in a multidisciplinary manner."