Jakarta - PT PP Tbk plans to release (asset monetization) 19 property assets owned by PT PP Properti Tbk (PPRO) and PT PP Urban (PPUB) in bulk this year.

"The property assets are located in big cities, consisting of high-rise buildings and vacant land with a total area of ​​around 46.1 hectares, "PTPP Director of Finance and Risk Management Agus Purbianto said in his statement on Friday (21/1).

As an example, Grand Kamala Lagoon, located in Bekasi, participated in the asset monetization program.

To realize this plan, PTPP cooperates with PT Danareksa Sekuritas.
"The implementation of this program is expected to open up opportunities for investors to own property inventory assets managed by construction SOEs," he explained.

In addition, PTPP will also sell shares in four joint venture companies established by PTPP and its subsidiaries in the property, power generation, and petroleum sectors.

In the non-p