November 28, 2017 In Deals
Sentul Closing Transaction
UMBRA – Strategic Legal Solutions assisted PT Sentul City Tbk. in entering into the Rp1.3 trillion joint venture cooperation with Sumitomo Group for developing 3 new condominium projects in Sentul area. This marks the first major property project of Sumitomo Group in Indonesia and will be jointly developed with PT Sentul City Tbk. through alternative financing scheme from reputable Japanese banks and co-development structure.
Pramudya A. Oktavinanda, Managing Partner of UMBRA – Strategic Legal Solutions, attended the signing ceremony at Sentul. We wish all the best for the project and look forward to other exciting new ventures between Sentul City and Sumitomo Group.