Mitsubishi Estate to join massive urban development project in Jakarta


JAKARTA (The Jakarta Post/ANN): Major Japanese real estate developer Mitsubishi Estate will join a large-scale urban development complex project in Jakarta in anticipation of economic recovery in the aftermath of the coronavirus pandemic.

Mitsubishi Estate on Wednesday (June 30) announced its participation in the 52.1 billion yen ($470 million), 33, 000-square-meter Oasis Central Sudirman complex project, its biggest undertaking in Indonesia.

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