Pakuwon Jati is an established brand name with over 36 years of experience successfully developing, marketing and operating properties
Established in 1982 and listed on both the Jakarta and Surabaya
Stock exchanges since 1989, Pakuwon Jati is a diversified real estate
developer focused in Jakarta and Surabaya. The Company's portfolio of
prime properties includes retail, residential, commercial and
hospitality developments. The Company is vertically integrated across
the full real estate value chain from land acquisition, property
development, marketing and operational management.
Pakuwon Jati is the pioneer of the Superblock concept in
Indonesia, a large-scale integrated mixed-use development of retail
shopping mall, office, condominium and hotel. Its successfull track
record and reputation within the property industry has secured strong
long-term relationship with tenants and buyers, which provides a stable
platform for rapid business expansion. Pakuwon Jati PWON
PT. Pakuwon Jati Tbk. was established based on Notarial Deed
No. 281 dated September 20, 1982 of Kartini Muljadi, SH, notary in
Jakarta. The Deed of Establishment was approved by the Minister of
Justice in his Decision Letter No. C2-308. HT.01.TH.83, dated January
17, 1983, and was published in the State Gazette No. 28, dated April 8,
1983 Supplement No. 420.
The Company’s Articles of Association was amended several times, the
last amendment was with Notarial Deed No. 24 dated October 21, 2015, to
conform with the Regulation of Financial Service Authority (Otoritas
Jasa Keuangan). This latest amendment was notarized by Esther Mercia
Sulaiman, SH, notary in Jakarta and approved by amendments were approved
by Minister of Law and Human Rights of Republic of Indonesia through
Letter No. AHU-AH. 01.03-0974354 dated October 23, 2012. The Company's
presence in the property industry began with Tunjungan Plaza I , the
first modern shopping center in Surabaya in operation since 1986. In
1989 PT Pakuwon Jati Tbk became the first property company listed in the
Jakarta Stock Exchange.
At the beginning of two decades of the Company's operations were
still focused in Surabaya through Superblock Tunjungan City and Pakuwon
City development.
The year 2007 marked the Company's presence in Jakarta market
through the development project of Superblock Gandaria City that has
later been in operation since 2010. The presence in Jakarta market was
bigger through Superblock Kota Kasablanka project that has been in
operation two years later.
The Company continues to grow as one of the leading developers in
Indonesia supported with a well-balanced portfolio of development and
investment properties. Pakuwon Jati PWON
Vision
Together We Grow with our shareholders, employees, tenants and consumers.
Mission
- To become the leading non-strata retail shopping centers developer in Indonesia
- To develop the best superblocks and townships toward better living quality
- To become the best working place in the country’s property industry
- To optimize the returns on investments for our tenants and buyers Pakuwon Jati PWON
Pakuwon Jati PWON
Pakuwon Group 35 Years Anniversary Company Profile