Indonesia real estate has been active with Singapore-listed developer Sinarmas Land Ltd – the holding entity for property companies of Sinar Mas Group– announcing Rp 9 trillion ($644.85 million) plans to develop Nuvasa Bay. Also, the French hotel group AccorHotels held the groundbreaking ceremony for its Pullman hotel in Mandalika Resort, Lombok, West Nusa Tenggara.
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