Indonesia's real estate firm Lippo Karawaci seeks to divest non-core assets

Indonesia's real estate firm Lippo Karawaci seeks to divest non-core assets

Jakarta, Indonesia. Photo: Bayu Syaits/unsplash

PT Lippo Karawaci Tbk, an Indonesia-based company primarily engaged in property development, is looking to divest its non-core assets as it seeks increase financial flexibility and ramp up focus on urban development and build new townships across the archipelago.