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Sumitomo Forestry Co. Ltd. Partners with Sinarmas Land Limited for Large-Scale 4,100-Unit Township Development in Suburban Jakarta

Reuters2025-08-06

Sumitomo Forestry Co. Ltd. Partners with Sinarmas Land Limited for Large-Scale 4,100-Unit Township Development in Suburban Jakarta

Sumitomo Forestry Co., Ltd. has announced a new partnership with leading Indonesian real estate developer Sinarmas Land Limited for a large-scale township development project in suburban Jakarta. The collaboration involves the construction and sales of approximately 4,100 units, including landed houses and shophouses, on a site spanning around 156.5 hectares adjacent to Kota Wisata. The project, marking Sumitomo Forestry's largest real estate venture in Indonesia to date, is set for completion in 2041. This initiative aims to leverage the company's expertise in housing and greening to enhance urban functionality and enrich lives in Indonesia, while also contributing to long-term revenue stabilization.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Sumitomo Forestry Co. Ltd. published the original content used to generate this news brief on August 06, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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