News from Germany and the world RSS Calm mode: off
DE EN
deublitz.de
Latest
Economy

Officials have 4.4 Ha Land, and between the Hotel Assets Acquisition Campaign in Makkah

And in between, through holding his investment, the PT

Officials have 4.4 Ha Land, and between the Hotel Assets Acquisition Campaign in Makkah

And in between, through holding his investment, the PT and the Investment Management (DIM), having acquired a field of 4.4 hectares (ha) in the Thakher Makkah (ha) region, Saudi Arabia, after acquiring and receiving Novure Thakher Makkah on August 11, 2026.

This transaction marks the presence of long-term investment and in the Makkah hotel sector as a foundation for the development of the accommodation ecosystem and unified services for the pilgrims and the umrah.

The finalized acquisition includes a hotel that's been operating with 1,461 rooms and suites, that were acquired and acquired on August 11, 2026, and the land of 4.4 ha that was completed on October 18, 2026.

This sequence of transactions is a series of strategic deals announced by Danbara Indonesia and Thacher Development Company on December 14, 2025.

This investment is part of the system of pilgrimage and umrah to provide accommodations and support services for pilgrims and umrah, as well as support the long-term strategy of Indonesia to improve the religious experience.

By combining hotel assets that had operated and developed land, this transaction became a foundation for the expansion of accommodations and support services gradually.

The land fields are planned to be part of an integrated master plan that includes hospitality, retail and other supporting facilities. The next development will take place gradually along with Al-Khomassiah, a local developer partner who supports the settlement of this transaction as well as the presence of Danbetween Indonesia in the Saudi Arab Kingdom.

The study of feasibility, approval, and permit documents required for the field will be prepared and delivered in accordance with every development phase.

Chief Executive Officer Danbetween Rosan Roeslani says this achievement is a real step up in building a long-term investment platform in Saudi Arabia.

"Our focus is to manage these assets with a strict investment discipline, as well as develop an integrated ecosystem that increases the quality of accommodation and services for the people of Indonesia and all other countries," Rosan said, quote Tuesday (20 / 10 / 2026)

"More than that, this momentum marks the beginning of a growing economic partnership between Indonesia and the Saudi Kingdom. We will continue to increase our bilateral cooperation by reaching various opportunities in Medina and other strategic sectors outside the property sector that give benefits to both countries," and Rosan's number

Senada, Chief Investment Officer Danbetween Pandu Spertirir explains this niciative combine assets that have been operating with land that gives us space to expand in the long run, as it continues to expand the Hajur ecosystem and the umrah. This platform is an opportunity to introduce culture, service, and culinary Indonesia on a global stage.

"We're going to run the next step by measurement, with guidelines on commercial feasibility, regulatory terms, and careful management, to create a sustainable long-term value," bright Pandu.

Meanwhile, Chief Executive Officer Thacher Development Faisal Shaker says this is a historic moment for Thacher Makkah. The first state presence outside Saudi Arabia which owns property in our region reflects international belief in Thacher Makkah, as well as in the steps of the Saudi Kingdom opening Makkah for long-term partners who share the same commitment to serving God's guests.

Thacher Development designed investment opportunities to support large-scale partnerships like this. We're proud to have completed this transaction, from signing to ownership, within ten months.

"Our focus now is to ensure the alignment between our investment ambition and our development strategy, and to support Dantara in creating the next stage so that more Indonesian Muslims can stay in a nearby location with the Sacred Mosque. Today, we have created this opportunity to be a model that can be replicated and an entrance for international investors to Makkah," obviously Thacher.

Chief Executive Officer Khomasiah Group Ammar Baroum added this important transaction to a significant historical milestone for Makkah, which reflects the increasing confidence of international investors in Saudi Arabia's Arab markets and its long-term potential.

The Danamin commitment confirms the exciting Saudi investment climate including investment opportunities in the hospitality sector and property, particularly in Makkah and Medina.

"We are proud of the role of Khomassiah in facilitating this investment as well as supporting foreign investment in accordance with Saudi vision 2030," Ammar remark.

Source: Detik ›

Comments (0)

No comments yet.

Comments are reviewed before they are published.
OJK boss reveals new reasons
Economy

OJK boss reveals new reasons

Financial Services Authority reveals the reason for administrative sanctions is fine with a total of Rp 2.1 trillion to three emitments.

Detik Negative