JAKARTA, KOMPAS.com – PT PP Property Tbk (PPRO) working together with its subsidiary PT Kawasan Industri Jababeka Tbk (KIJA), namely PT Grahabuana Cikarang (GBC) to develop residential and commercial projects in Cikarang, Bekasi, West Java.
the collaboration resulted in an agreement to form a joint venture company named PT PP Property Jababeka Residence.
the joint venture is planned to be working on a project on an area of 4.6 hectares.
the the cooperation project is built as many as six residential towers. Rianciannya, three towers as high as 21 floors and the other three as high as 29 floors. As for commercial projects such as shopping malls of Japan.
In this cooperation, the developer of the red plate has a stake of 52.6 percent and the remainder is owned by Jababeka.
Director PPRO Taufik Hidayat hope, cooperation with GBC is able to bring a positive impact for the two sides both in terms of sales and recurring income.
“the establishment of this joint venture is proof that PPRO fully committed to the realization of the projects,” he said in a press release received Kompas.com, Monday (14/11/2016)
choice of location in Cikarang Taufik also expected to be able to reap the positive effects of government’s macro planning of infrastructure.
Call it planned KRL Commuter Line layover in Cikarang in 2017, planned for the light rail transit (LRT) Tangerang-Bekasi, and the opening of a new highway access in Cikarang.
properti.kompas.com
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