Indonesia: Agung Podomoro finalising asset sale to Thai-listed REIT

Indonesia: Agung Podomoro finalising asset sale to Thai-listed REIT

Photo: Pixabay

Indonesian property developer Agung Podomoro is in the process of finalising the sale of its Pullman Hotel asset to Strategic Property Investors Company Limited, the manager of a Thai-listed REIT. The sale is expected to close this month, financial director Cesar M Dela Cruz told reporters.

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