Astri is a partner in our corporate and M&A practice who focuses on the Indonesian real estate sector.

Astri advises international and Indonesian clients on mergers and acquisitions, joint ventures, corporate and other regulatory matters across a broad range of industry sectors, with a particular focus on real estate transactions. 

Experience & capabilities

Selected matters

Real Estate

  • Genting Property Sdn Bhd on its joint venture in Singapore and acquisition of 24 hectares of land in Greater Jakarta
  • PT Nirvana Wastu Pratama (part of Warburg Pincus Group), on its asset acquisition of a mixed-use property complex consisting of a shopping mall, hotel and restaurant
  • GIC on the leasing of units in Capital Place office tower in central Jakarta to various tenants
  • a UAE-based real estate group on its potential acquisition of a luxury resort asset in Bali
  • Coca Cola Europacific Partners (CCEP) on various land-related matters including advisory works on zoning aspects, land title and leasing arrangement for its assets situated in an industrial estate

Other Sectors

  • LinkAja, the state bank backed digital payment platform, on a strategic investment by Grab, Southeast Asia’s leading super app, as part of its Series B funding round - LinkAja’s first investment by a major technology company
  • Volvo Group Trucks Asia & JV Sales / Volvo (China) Investment Co., Ltd.  and Volvo Indonesia on their joint venture with PT Astra International, a leader in the Indonesian automotive industry
  • Swing Corporation (an affiliate of Mitsubishi Corporation) on the acquisition of a majority stake in an Indonesian private water treatment construction services company and related asset transfers
  • A major Japanese trading house on the sale of its shares in an Indonesian automotive finance company

Background

Astri holds a Bachelor of Laws from the University of Indonesia and is admitted to practise in Indonesia.