We extend our heartfelt congratulations to PT Bangun Loka Indah (BLI) and PT Bukit Savanna Raya (jointly owned by PT Bukit Uluwatu Villa Tbk. and PT Sirius Surya Sentosa (a member of Vasanta Group)) on the successful sale and transfer of 27,950 m2 of land and real property in Labuan Bajo, Komodo, Nusa Tenggara Timur. This landmark transaction paves the way for the establishment of BLI’s new world-class luxury hotel in East Indonesia.
This prestigious and complex transaction was seamlessly executed through a collaborative effort of the firm’s Corporate, Real Estate and M&A focus groups, navigating the complexities of both regional and national regulatory frameworks. The team was led by partners Mr. Luky Walalangi, Ms. Miriam Andreta, and Ms. Jeanne Elizabeth Donauw with supports from Ms. Putri Bening Larasati, Mr. Rainer Faustine Jonathan, Mr. Raditya Pratamandika, Ms. Indira Setyowati, Mr. Jovico Nicolaus Honanda, Mr. Irfansyah Dwinanda, Ms. Elvina, and Ms. Ayska Karissa, all associates of the firm.
By successfully assisting BLI close this landmark transaction within a demanding timeline, we reinforce our firm’s distinguished ability to handle complex deals and consistently achieve results that exceed our clients’ expectations.
For further information on the transaction: LINK