SSEK Legal Consultants has assisted Samanea Group and its Indonesian subsidiary, PT Samanea Tangerang Development, with the development of the One-Stop O20 Regional Wholesale Trade City, the first and most comprehensive wholesale center in Indonesia.
The development, located in Tangerang New Industry City, on the outskirts of the Indonesian capital, Jakarta, includes a wholesale trading center and warehousing, hotel, shopping center, small office/home office (SOHO), apartment and office spaces.
SSEK’s work included advising on the Indonesian real estate regulatory regime for the construction and development of this integrated project and assisting with the preparation and review of transaction and operational documents.
SSEK partner Denny Rahmansyah led the team assisting Samanea on this project, with lead associate Saprita Tahir and associates Vivin Purnamawati and Olivia Karlina.
Singapore-based Samanea Group is a multinational that develops and manages large-scale trade centers across Asia.
Frankie Tan, sales director of Samanea Group, said: “Samanea’s purpose is to provide a one-roof solution from supply chain to logistics. Our business supports business owners to explore opportunities in B2C and B2B markets. Samanea Jakarta is eager to build a regional business platform which connects wholesale traders and producers with traders and consumers, helping them to develop their brands and operation connection in Jakarta and other cities.”