Collaborating with Private Equity, Lippo Builds Thousands of Houses Rp. 100 T
Following the news that Gateway Partners has committed to participate in PT Lippo Karawaci Tbk (“LPKR”) rights issue, CNBC Indonesia reports that LPKR plans to build 100 thousand houses at affordable prices in the next five to ten years. LPKR is Indonesia’s leading integrated real estate company with total assets of USD 3.9bn at 31 March 2019.
You can view the full article here (in Indonesian)