Hiswara Bunjamin & Tandjung in association with Herbert Smith Freehills acts across the real estate sector in Indonesia, such as in M&A, joint ventures, capital markets, investments, financings and restructurings. The firm has recently worked on data centre projects and telecom tower sales. Its association with Herbert Smith Freehills LLP provides a greater pool of talent to draw from in order to provide clients with the best possible service. The practice group is led by Vik Tang, who specialises in M&A and private equity work and Irfan Ghazali who joined the firm in May 2022. Astri Widita Kusumowidagdo is noted for her focus on real estate transactional matters.
Testimonials
Collated independently by Legal 500 research team.
‘The real estate team is led by a very experienced and hardworking partner with great legal acumen. He is partnered with two other local partners who are very experienced in their fields. With their affiliation with Herbert Smith Freehills, they are able to pull international expertise and balance it with local wisdom and flavour.’
‘Vik Tang is very hands on no how matter big or small the issue or matter is despite him being a senior partner.'
- 'Irfan Ghazali's experience in "corporate Indonesian culture" brings a very pragmatic approach to complex issues.'
- 'Stephanie is hardworking and has good technical skills.’
Key clients
- PT Nirvana Wastu Pratama (NWP)
- Marriott International, Inc
- PT Indosat Tbk
- GIC
- Indies Capital
Work highlights
- Advised PT Indosat Tbk on its joint venture investment with BDx Asia Data Center Holdings Pte Ltd to upgrade and operate multiple data centre businesses in Jakarta, in the largest ever foreign investment into Indonesia’s burgeoning data centre sector.
- Advised PT Nirvana Wastu Pratama, a subsidiary of Warburg Pincus, on acquisition of a shopping mall, hotel and plot of land used for a restaurant in a mixed-use property complex in Depok, West Java.
- Advised Indies Capital in the acquisition from the Ciputra Group of 60% of the shares in the operators of 70 Swiss-bel and Zest hotels across Indonesia.
Practice head
The lawyer(s) leading their teams.
Vik Tang, Irfan Ghazali