NWP RETAIL ACQUIRES GORONTALO MALL AND MAGNA HOTEL GORONTALO
Gorontalo, June 5, 2017 – PT. Nirvana Wastu Pratama, a Joint Venture company between PT. Nirvana Development Tbk. and Warburg Pincus, officially acquired 100% of PT. Primerindo Kencana assets and liability of Shopping Center Gorontalo Mall and Maqna Hotel Gorontalo.
Gorontalo Mall has a total 20,500 sqm of Net Leasable Area (NLA) and stands on 7,000 sqm of land. The mall has anchor tenants, such as Hypermart, Matahari Department Store, Cinema XXI and Funworld. While Maqna Hotel Gorontalo, which is located in the same complex, is a four star hotel with a total of 176 rooms. The hotel is operated by Prasanthi..
This acquisition is profitable for NWP Retail, which is developing its Shopping Center portfolio throughout Indonesia.