Nirvana Development is Indonesia’s fastest growing lease retail
developer. We develop, operate and own various shopping malls across
Indonesia’s young and upstart cities. We are here for the long term and
thus we pay thorough attention to planning, development and operation of
our assets.
Through our iconic project such as Cirebon’s CSB Mall, The Park Solo,
and various shopping malls under the Citimall brand, Nirvana
Development enhances commerce in Indonesia’s young and upstart cities.
Nirvana Development is listed on the Indonesian Stock Exchange under
the ticker NIRO (Reuters: NIRO.JK, Bloomberg: NIRO IJ). Nirvana
Development has been a member of Indonesian Stock Exchange since 2012.
In April 2015, our subsidiary Nirvana Wastu Pratama (NWP) entered
into a strategic joint venture with Warburg Pincus, a global private
equity firm who has a proven track record in the consumer and retail
sector. NWP aims to scale quickly and to benefit from Indonesia’s
long-term economic growth and emerging middle class. City Retail Developments NIRO
Vision
To be Indonesia’s biggest and foremost lease retail developer.
Mission
- To develop, grow, operate and manage our assets in the most value accretive way to our shareholders
- To support local economy where we operate and give consumers a truly unique shopping experience
- To be the preferred partner for retailers
City Retail Developments NIRO
LOCATION
Nirvana Development is one of the
real estate developer and operator leader in Indonesia. The Company
activities span across shopping centers, real estate, hotels and others
assets. The Company started its first commercial operation on 2011. On
13 September 2012, the Company’s shares were listed at Indonesia Stock
Exchange with tick-mark “NIRO” and to date the Company has successfully
developed five mix-use real estate across Java and Kalimantan.
CORPORATE HEADQUARTERS
NIRVANA DEVELOPMENT Tbk.
GD Menara Jamsostek
Menara Utara Lt 8
Jalan Jend. Gatot Subroto No. 38
Jakarta Selatan,12710
P. +62 21 5084 2878
F. +62 21 5084 2879
City Retail Developments NIRO
City Retail Developments NIRO