Daily BriefsIndonesia

Daily Brief Indonesia: Puradelta Lestari and more

In today’s briefing:

  • Puradelta Lestari (DMAS IJ) – Cars, Drugs, and Data Centres


Puradelta Lestari (DMAS IJ) – Cars, Drugs, and Data Centres

By Angus Mackintosh

  • Puradelta Lestari (DMAS IJ) remains one of the most interesting industrial estate developers in Indonesia with a high-quality tenant base across growth sectors including autos, 2W, pharmaceuticals, and data centres.
  • The completion of a new AEON Mall will provide a further draw for the estate as a destination and a place to live and work and is increasingly well-connected.
  • DMAS had a slower start to the year for revenues but marketing sales are running ahead of schedule having beat last year, with bookings expected to pick up in 2023.

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