Danantara Investment Arm Acquires 4.4 Hectares in Thakher Makkah
PT Danantara Investment Management acquired land plots within Saudi Arabia’s SAR26 billion ($7 billion) Thakher Makkah development, following the acquisition and handover of Novotel Thakher Makkah.
Danantara Indonesia, acting through its investment arm PT Danantara Investment Management, acquired 4.4 hectares of land plots within the SAR26 billion ($7 billion) Thakher Makkah development in Saudi Arabia. The deal followed the acquisition and handover of Novotel Thakher Makkah. The acquisitions are complete.