In recent years, the real estate sector in Indonesia has attracted major international investors, at levels not seen before since the Asian financial crisis in 1997.
International investors are active in the office, retail, residential, industrial and logistics markets. Although some of these sub-sectors are currently oversupplied, the longer-term attractiveness of the Indonesian real estate market remains compelling.
However, fundamental legal and regulatory issues still concern those considering real estate investment. In this bulletin, we identify and address some of these issues based on our experience advising foreign investors in this sector in Indonesia.
The contents of this publication, current at the date of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action based on this publication.
© Herbert Smith Freehills 2019