Frasers Hospitality, the serviced apartment arm of listed Fraser and Neave, broke ground yesterday for its second property in Jakarta. Frasers will manage 210 ultra-deluxe apartments in the property, Frasers Suites Kuningan, at Ciptutra World 2. Located in the heart of Jakarta's golden triangle, it comprises twin towers of 45 storeys each. The complex, which also includes the W Hotel, is expected to be...
Jakarta Property
Keppel Land is set to redevelop Tower 2 of its Barclays House complex in Jakarta's central business district, the property giant announced yesterday. Indonesia's booming economy has led to increased demand for office space and Mr Ang Wee Gee, executive director and chief executive officer (international) of Keppel Land International Limited, said: "Our new office tower will meet the demand of tenants...