Danantara Indonesia

Construction & Real Estate Lifestyle

Indonesian investment arm buys prime plots in $7bn Thakher Makkah

Wed, 21 Oct 2026

Danantara Indonesia, through its investment arm, PT Danantara Investment Management (DIM), has acquired 4.4 hectares of land plots within the SAR26 billion ($7 billion) Thakher Makkah development, following the acquisition and handover of Novotel Thakher Makkah. The transaction involves an operating hotel with 1,461 rooms and suites.