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History | Pakuwon Jati

<!DOCTYPE html> <html lang="en"> <head> <meta charset="utf-8"> <meta name="viewport" content="width=device-width, initial-scale=1"> <meta name="csrf-token" content="fF8aBYcThs4IsNy3HYlV4IwLmLUOzNnbZRl4agQ3"> <title>History | Pakuwon Jati</title> <link href="https://pakuwonjati.com/images/favicon.png" rel="icon"> <link href="https://pakuwonjati.com/css/normalize.css" rel="stylesheet"> <link href="https://pakuwonjati.com/css/style.css" rel="stylesheet"> <!-- Global site tag (gtag.js) - Google Analytics --> <script async src="https://www.googletagmanager.com/gtag/js?id=G-711KB2L2MY"></script> <script> window.dataLayer = window.dataLayer || []; function gtag(){dataLayer.push(arguments);} gtag('js', new Date()); gtag('config', 'G-711KB2L2MY'); </script> </head> <body id="top"> <header class="page-header"> <div class="page-header-container"> <div class="wrapper"> <span class="main-nav-but">Menu</span> <div class="logo"> <a href="https://pakuwonjati.com/en"><img src="https://pakuwonjati.com/images/logo-black.png" alt="Pakuwon Jati"></a> </div> <nav class="main-nav"> <ul> <li class="has-sub current"><span class="mobile-nav-sub">Company</span><a href="https://pakuwonjati.com/en/page-groups/1/company">Company</a><ul><li><span class="mobile-nav-sub back">Back</span></li><li><a href="https://pakuwonjati.com/en/pages/1/company-profile">Company Profile</a></li><li><a href="https://pakuwonjati.com/en/pages/2/our-values">Our Values</a></li><li class="current"><a href="https://pakuwonjati.com/en/pages/3/history">History</a></li><li><a href="https://pakuwonjati.com/en/pages/4/management">Management</a></li><li><a href="https://pakuwonjati.com/en/pages/5/organization-structure">Organization Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/6/ownership-structure">Ownership Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/7/group-structure">Group Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/8/professional-firms">Professional Firms</a></li><li><a href="https://pakuwonjati.com/en/pages/9/awards">Awards</a></li></ul> </li> <li class="static"><span class="mobile-nav-sub">Properties</span><a href="https://pakuwonjati.com/en/property-categories">Properties</a><div class="dropdown-block"><div class="wrapper"><span class="mobile-nav-sub back single-unit">Back</span><div class="property-group"><span class="property-group-head">Jakarta</span><ul><li><a href="https://pakuwonjati.com/en/superblocks/1/superblok-kota-kasablanka">Superblok Kota Kasablanka</a></li><li><a href="https://pakuwonjati.com/en/superblocks/2/superblok-gandaria-city">Superblok Gandaria City</a></li></ul><span class="property-group-head">Surabaya</span><ul><li><a href="https://pakuwonjati.com/en/superblocks/3/superblok-tunjungan-city">Superblok Tunjungan City</a></li><li><a href="https://pakuwonjati.com/en/superblocks/4/superblok-pakuwon-mall">Superblok Pakuwon Mall</a></li></ul><span class="property-group-head">Greater Jakarta</span><ul><li><a href="https://pakuwonjati.com/en/superblocks/5/superblok-pakuwon-mall-bekasi">Superblok Pakuwon Mall Bekasi</a><small>Future</small></li></ul><span class="property-group-head">Central Java</span><ul><li><a href="https://pakuwonjati.com/en/superblocks/10/yogyakarta">Yogyakarta</a></li><li><a href="https://pakuwonjati.com/en/superblocks/11/solo">Solo</a></li></ul></div><div class="property-group"><span class="property-group-head">Residential</span><ul><li><a href="https://pakuwonjati.com/en/properties/1/casagrande-residence">CasaGrande Residence</a></li><li><a href="https://pakuwonjati.com/en/properties/2/angelo-bella-chianti-tower">Angelo, Bella & Chianti Tower</a></li><li><a href="https://pakuwonjati.com/en/properties/3/gandaria-heights-apartment">Gandaria Heights Apartment</a></li><li><a href="https://pakuwonjati.com/en/properties/4/condominium-regensi">Condominium Regensi</a></li><li><a href="https://pakuwonjati.com/en/properties/5/tp-residence">TP Residence</a></li><li><a href="https://pakuwonjati.com/en/properties/6/one-icon-residence">One Icon Residence</a></li><li><a href="https://pakuwonjati.com/en/properties/7/pakuwon-city-township">Pakuwon City Township</a></li><li><a href="https://pakuwonjati.com/en/properties/8/educity-residence">Educity Residence</a></li><li><a href="https://pakuwonjati.com/en/properties/10/amor-bella-tower-ecm-">Amor & Bella Tower (ECM)</a></li><li><a href="https://pakuwonjati.com/en/properties/13/orchard-tanglin-tower">Orchard & Tanglin Tower</a></li><li><a href="https://pakuwonjati.com/en/properties/14/la-riz-mansion">La Riz Mansion</a></li><li><a href="https://pakuwonjati.com/en/properties/15/anderson-benson-tower">Anderson & Benson Tower</a></li><li><a href="https://pakuwonjati.com/en/properties/16/la-viz-mansion">La Viz Mansion</a></li><li><a href="https://pakuwonjati.com/en/properties/17/grand-pakuwon-township">Grand Pakuwon Township</a></li><li><a href="https://pakuwonjati.com/en/properties/43/gandaria-condominium-phase-2">Gandaria Condominium Phase 2</a><small>Future</small></li><li><a href="https://pakuwonjati.com/en/properties/45/4-condominiums-bekasi">4 Condominiums Bekasi</a><small>Future</small></li><li><a href="https://pakuwonjati.com/en/properties/46/3-condominiums-phase-5-pm-">3 Condominiums Phase 5 (PM)</a><small>Future</small></li></ul></div><div class="property-group"><span class="property-group-head">Retail</span><ul><li><a href="https://pakuwonjati.com/en/properties/18/blok-m-plaza">Blok M Plaza</a></li><li><a href="https://pakuwonjati.com/en/properties/19/kota-kasablanka-mall">Kota Kasablanka Mall</a></li><li><a href="https://pakuwonjati.com/en/properties/20/gandaria-city">Gandaria City</a></li><li><a href="https://pakuwonjati.com/en/properties/21/tunjungan-plaza-mall">Tunjungan Plaza Mall</a></li><li><a href="https://pakuwonjati.com/en/properties/22/pakuwon-mall">Pakuwon Mall</a></li><li><a href="https://pakuwonjati.com/en/properties/23/pakuwon-trade-center">Pakuwon Trade Center</a></li><li><a href="https://pakuwonjati.com/en/properties/24/pakuwon-city-mall">Pakuwon City Mall</a></li><li><a href="https://pakuwonjati.com/en/properties/25/food-festival">Food Festival</a></li><li><a href="https://pakuwonjati.com/en/properties/26/pakuwon-town-square">Pakuwon Town Square</a></li><li><a href="https://pakuwonjati.com/en/properties/27/food-junction">Food Junction</a></li><li><a href="https://pakuwonjati.com/en/properties/28/royal-plaza">Royal Plaza</a></li><li><a href="https://pakuwonjati.com/en/properties/47/pakuwon-mall-bekasi">Pakuwon Mall Bekasi</a><small>Future</small></li><li><a href="https://pakuwonjati.com/en/properties/48/pakuwon-mall-solo-baru">Pakuwon Mall Solo Baru</a></li><li><a href="https://pakuwonjati.com/en/properties/49/pakuwon-mall-jogja">Pakuwon Mall Jogja</a></li></ul></div><div class="property-group"><span class="property-group-head">Office</span><ul><li><a href="https://pakuwonjati.com/en/properties/29/eighty8-office-tower">Eighty8 Office Tower</a></li><li><a href="https://pakuwonjati.com/en/properties/30/prudential-center-kota-kasablanka">Prudential Center Kota Kasablanka</a></li><li><a href="https://pakuwonjati.com/en/properties/31/pakuwon-tower-jakarta">Pakuwon Tower Jakarta</a></li><li><a href="https://pakuwonjati.com/en/properties/32/gandaria-8-office-tower">Gandaria 8 Office Tower</a></li><li><a href="https://pakuwonjati.com/en/properties/33/pakuwon-tower-surabaya">Pakuwon Tower Surabaya</a></li><li><a href="https://pakuwonjati.com/en/properties/34/pakuwon-center-office-tower">Pakuwon Center Office Tower</a></li></ul></div><div class="property-group"><span class="property-group-head">Hospitality</span><ul><li><a href="https://pakuwonjati.com/en/properties/35/sheraton-grand-jakarta-gandaria-city">Sheraton Grand Jakarta Gandaria City</a></li><li><a href="https://pakuwonjati.com/en/properties/36/somerset-berlian-jakarta">Somerset Berlian Jakarta</a></li><li><a href="https://pakuwonjati.com/en/properties/37/sheraton-surabaya-hotel-towers">Sheraton Surabaya Hotel & Towers</a></li><li><a href="https://pakuwonjati.com/en/properties/39/ascott-waterplace-surabaya">Ascott Waterplace Surabaya</a></li><li><a href="https://pakuwonjati.com/en/properties/40/four-points-by-sheraton-surabaya">Four Points By Sheraton Surabaya</a></li><li><a href="https://pakuwonjati.com/en/properties/41/the-westin-surabaya">The Westin Surabaya</a></li><li><a href="https://pakuwonjati.com/en/properties/42/four-points-by-sheraton-surabaya-pakuwon-indah">Four Points By Sheraton Surabaya Pakuwon Indah</a></li><li><a href="https://pakuwonjati.com/en/properties/44/fairfield-by-marriott-four-points-by-sheraton-bekasi">Fairfield by Marriott & Four Points by Sheraton Bekasi</a><small>Future</small></li><li><a href="https://pakuwonjati.com/en/properties/50/yogyakarta-marriott-hotel">Yogyakarta Marriott Hotel</a></li><li><a href="https://pakuwonjati.com/en/properties/51/four-points-by-sheraton-bali-kuta">Four Points by Sheraton Bali, Kuta</a></li></ul></div></div></div></li> <li class="has-sub"><span class="mobile-nav-sub">News</span><a href="https://pakuwonjati.com/en/news">News</a> <ul> <li><span class="mobile-nav-sub back">Back</span></li> <li><a href="https://pakuwonjati.com/en/press-release">Press Release</a></li> <li><a href="https://pakuwonjati.com/en/news">Latest News</a></li> </ul> </li> <li class="has-sub"><span class="mobile-nav-sub">Investor Relation</span><a href="https://pakuwonjati.com/en/investor-relation">Investor Relation</a><ul><li><span class="mobile-nav-sub back">Back</span></li><li><a href="https://pakuwonjati.com/en/investors/1/stock-information">Stock Information</a></li><li><a href="https://pakuwonjati.com/en/investors/2/annual-report">Annual Report</a></li><li><a href="https://pakuwonjati.com/en/investors/3/financial-statement">Financial Statement</a></li><li><a href="https://pakuwonjati.com/en/investors/4/company-update">Company Update</a></li><li><a href="https://pakuwonjati.com/en/investors/5/announcement">Announcement</a></li><li><a href="https://pakuwonjati.com/en/investors/6/investor-relation-contact">Investor Relation Contact</a></li><li><a href="https://pakuwonjati.com/en/investors/7/general-meetings-of-shareholders">General Meetings of Shareholders</a></li><li><a href="https://pakuwonjati.com/en/investors/8/bonds-information">Bonds Information</a></li><li><a href="https://pakuwonjati.com/en/investors/9/dividend-information">Dividend Information</a></li><li><a href="https://pakuwonjati.com/en/investors/10/financial-highlight">Financial Highlight</a></li></ul> </li> <li class="has-sub"><span class="mobile-nav-sub">GCG</span><a href="https://pakuwonjati.com/en/page-groups/2/gcg">GCG</a><ul><li><span class="mobile-nav-sub back">Back</span></li><li><a href="https://pakuwonjati.com/en/pages/12/gcg-manual-book">GCG Manual Book</a></li><li><a href="https://pakuwonjati.com/en/pages/13/corporate-secretary">Corporate Secretary</a></li><li><a href="https://pakuwonjati.com/en/pages/14/internal-audit-audit-committee">Internal Audit & Audit Committee</a></li><li><a href="https://pakuwonjati.com/en/pages/15/code-of-conduct">Code Of Conduct</a></li><li><a href="https://pakuwonjati.com/en/pages/45/whistle-blowing-system">Whistle Blowing System</a></li><li><a href="https://pakuwonjati.com/en/pages/46/anti-money-laundering-policy">Anti Money Laundering Policy</a></li></ul> </li> <li><a href="https://pakuwonjati.com/en/csrs-list">CSR</a></li> <li><a href="https://career.pakuwon.com/" target="_blank" rel="nofollow">Career</a></li> <li class="no-mobile"><span>|</span></li> <li class="no-mobile"><a href="https://pakuwonjati.com/en/pages/3/history"><span class="lang-select current">en</span></a> / <a href="https://pakuwonjati.com/id/pages/3/history"><span class="lang-select ">id</span></a></li> </ul> </nav> </div> </div> </header> <script> document.querySelector('.main-nav-but').addEventListener('click', e => { e.target.classList.toggle('close'); document.querySelector('.main-nav').classList.toggle('show'); document.querySelectorAll('.page-header .show-sub').forEach(el => { el.classList.remove('show-sub'); }); }); document.querySelectorAll('.mobile-nav-sub').forEach(el => { el.addEventListener('click', e => { document.querySelector('.main-nav').classList.toggle('show-sub'); if (e.target.classList.contains('back')) { e.target.closest('.show-sub').classList.remove('show-sub'); } else { e.target.parentElement.classList.add('show-sub'); } }); }); </script> <section class="content-body"> <section class="banner-center small"> <img src="https://pakuwonjati.com/images/banner/page-group-small.jpg" alt=""> <div class="banner-center-desc"> <div class="wrapper"> <h2>Company</h2> <div class="breadcrumb"> <a href="https://pakuwonjati.com/en">Home</a> / <a href="https://pakuwonjati.com/en/page-groups/1/company">Company</a> / <span>History</span> </div> </div> </div> </section> <section class="page-content"> <div class="wrapper"> <div class="content-wrapper"> <div class="sidebar top-pad"> <span class="mobile-sidebar-but">History</span><div class="sidebar-nav-container"><nav class="sidebar-nav"><ul><li><a href="https://pakuwonjati.com/en/pages/1/company-profile">Company Profile</a></li><li><a href="https://pakuwonjati.com/en/pages/2/our-values">Our Values</a></li><li class="current"><a href="https://pakuwonjati.com/en/pages/3/history">History</a></li><li><a href="https://pakuwonjati.com/en/pages/4/management">Management</a><ul><li><a href="https://pakuwonjati.com/en/pages/43/board-of-commissioners">Board of Commissioners</a><li><a href="https://pakuwonjati.com/en/pages/42/board-of-directors">Board of Directors</a><li><a href="https://pakuwonjati.com/en/pages/41/audit-committee">Audit Committee</a><li><a href="https://pakuwonjati.com/en/pages/40/key-persons">Key Persons</a><li><a href="https://pakuwonjati.com/en/pages/39/corporate-secretary">Corporate Secretary</a></ul></li><li><a href="https://pakuwonjati.com/en/pages/5/organization-structure">Organization Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/6/ownership-structure">Ownership Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/7/group-structure">Group Structure</a></li><li><a href="https://pakuwonjati.com/en/pages/8/professional-firms">Professional Firms</a></li><li><a href="https://pakuwonjati.com/en/pages/9/awards">Awards</a><ul><li><a href="https://pakuwonjati.com/en/pages/48/award-2023">Award 2023</a><li><a href="https://pakuwonjati.com/en/pages/47/award-2022">Award 2022</a><li><a href="https://pakuwonjati.com/en/pages/44/awards-2021">Awards 2021</a><li><a href="https://pakuwonjati.com/en/pages/38/awards-2020">Awards 2020</a><li><a href="https://pakuwonjati.com/en/pages/37/awards-2019">Awards 2019</a><li><a href="https://pakuwonjati.com/en/pages/36/awards-2018">Awards 2018</a><li><a href="https://pakuwonjati.com/en/pages/35/awards-2017">Awards 2017</a><li><a href="https://pakuwonjati.com/en/pages/34/awards-2016">Awards 2016</a><li><a href="https://pakuwonjati.com/en/pages/33/awards-2015">Awards 2015</a><li><a href="https://pakuwonjati.com/en/pages/32/awards-2014">Awards 2014</a><li><a href="https://pakuwonjati.com/en/pages/31/awards-2013">Awards 2013</a><li><a href="https://pakuwonjati.com/en/pages/30/awards-2012">Awards 2012</a></ul></li></ul></nav></div> </div> <script> document.querySelectorAll('.sidebar-nav > ul > li > ul').forEach(el => { el.parentElement.querySelector('a').addEventListener('click', e => { e.preventDefault(); e.target.parentElement.classList.toggle('show'); }); el.parentElement.classList.add('has-child'); }); if (document.querySelector('.sidebar-nav li.current')) document.querySelector('.sidebar-nav li.current').parentElement.parentElement.classList.add('show'); </script> <script> document.querySelector('.mobile-sidebar-but').addEventListener('click', e => { document.querySelector('.sidebar-nav-container').classList.toggle('show'); }); </script> <div class="content top-pad"> <div class="post-title"> <h1>History</h1> </div> <div class="post-image"> <img src="https://pakuwonjati.com/upload/2020/05/5eaffd3fa9868-02-03-pkwhistory-banneri.jpg" alt="02-03-pkwhistory-banneri"> </div> <div class="post-content"> <p style="text-align:justify;"><strong>PT. Pakuwon Jati Tbk.</strong> 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.</p><p style="text-align:justify;">The Company鈥檚 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.</p><p style="text-align:justify;">At the beginning of two decades of the Company's operations were still focused in Surabaya through Superblock Tunjungan City and Pakuwon City development.</p><p style="text-align:justify;">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. &nbsp;At the end of 2019 PT Pakuwon Jati Tbk began developing superblocks in Bekasi.</p><p style="text-align:justify;">The Company continues to grow as one of the leading developers in Indonesia supported with a well-balanced portfolio of development and investment properties..</p> </div> <section> <div class="home-milestones-content img-small"> <div class="wrapper" style="width: 100%;"> <h1 class="content-header">Milestone</h1> <div class="home-milestones-super"> <div class="home-milestones-viewport"> <div class="home-milestones-thumb"> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2023/08/64dc1e5a808dd-home-milestone-pj-2023-01.jpg" alt="home-milestone-pj-2023-01"> <span>2023</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2022/03/6230665028011-home-milestone-pj-2020-03.jpg" alt="home-milestone-pj-2020-03"> <span>2021</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2022/03/623065177d1bb-home-milestone-pj-2020-01.jpg" alt="home-milestone-pj-2020-01"> <span>2020</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb054227c873-home-milestone-pj-2019.jpg" alt="home-milestone-pj-2019"> <span>2019</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb053e4c2971-home-milestone-pj-2018.jpg" alt="home-milestone-pj-2018"> <span>2018</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb05381efd6e-home-milestone-pj-2017.jpg" alt="home-milestone-pj-2017"> <span>2017</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb0535832ad2-home-milestone-pj-2016.jpg" alt="home-milestone-pj-2016"> <span>2016</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb052f3edf29-home-milestone-pj-2015.jpg" alt="home-milestone-pj-2015"> <span>2015</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb052c734ec8-home-milestone-pj.jpg" alt="home-milestone-pj"> <span>2014</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb0529dbdb8b-home-milestone-pj.jpg" alt="home-milestone-pj"> <span>2013</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2022/03/62306ca861903-home-milestone-pj-2010.jpg" alt="home-milestone-pj-2010"> <span>2012</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb051e257fe8-home-milestone-pj-2011.jpg" alt="home-milestone-pj-2011"> <span>2011</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb051b487533-home-milestone-pj-2010.jpg" alt="home-milestone-pj-2010"> <span>2010</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb0517cb9570-home-milestone-pj-2008.jpg" alt="home-milestone-pj-2008"> <span>2008</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb05158a1e9d-home-milestone-pj-2007.jpg" alt="home-milestone-pj-2007"> <span>2007</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb050b483339-home-milestone-pj-1996.jpg" alt="home-milestone-pj-1996"> <span>1996</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb050872d48d-home-milestone-pj-1991.jpg" alt="home-milestone-pj-1991"> <span>1991</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2022/03/623066d73403f-home-milestone-pj-1989.jpg" alt="home-milestone-pj-1989"> <span>1989</span> </div> <div class="milestone-thumb"> <img src="https://pakuwonjati.com/upload/2020/05/5eb050336c6e3-home-milestone-pj-1982.jpg" alt="home-milestone-pj-1982"> <span>1982</span> </div> </div> </div> <div class="home-milestones-nav"> <span class="home-milestone-prev">&#9664;</span> <span class="home-milestone-next">&#9654;</span> </div> </div> <div class="home-milestones-wrapper"> <div class="home-milestone-post"> <p>Acquired Four Points by Sheraton Bali, Kuta</p> </div> <div class="home-milestone-post"> <p style="text-align:center;">Refinanced US$250m bond with US$400m of&nbsp;<br>4.875% Senior Unsecured Notes due 2028</p> </div> <div class="home-milestone-post"> <p style="text-align:center;">Opening of Pakuwon Mall 4 and&nbsp;Pakuwon City Mall 2. Acquired Pakuwon Mall and Marriott Yogjakarta&nbsp;<br>and Pakuwon Mall Solo (Formerly Hartono Mall Jogja &amp; Solo). Opening of The Westin Surabaya.</p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Gradual handover of Kota Kasablanka condominium phase 3 (Chianti), Office Pakuwon Tower Jakarta. Opening of the Four Points Hotel by Sheraton Surabaya Pakuwon Indah on 8 December 2019</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Gradual handover of 2 Kota Kasablanka condominum phase 2 (Angelo and Bella), Anderson's apartment at Superblock Pakuwon Mall and One Icon Apartment at Tunjungan City Superblock, Surabaya.</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Opening of Pakuwon Mall Phase 2 &amp; 3 in February 22, 2017 and Tunjungan Plaza 6 in September 23, 2017. Refinanced USD 200 million of Senior Unsecured Notes with 250 million of 5.0% due in 2024</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Acquired 11 ha of land in Daan Mogot, West Jakarta and opening of Four Points by Sheraton Surabaya Hotel in June 2016</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Opening of Ascott Waterplace Surabaya in May 2015, Tunjungan Plaza retail mall phase V Surabaya and Sheraton Grand Jakarta, Gandaria City Hotel in October 2015</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Acquired 67.1% of PT Pakuwon Permai. Raised USD 200 million of 7.125% Senior Unsecured Notes due 2019.&nbsp;Increases shareholding of 4.5ha Simatupang land bank from 45% to 70%</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Acquired 33% stake in Usada Insani Hospital, as well as 45% stake in 4.2ha land bank in&nbsp;</span><br><span style="color:rgb(34,34,34);">Simatupang, South Jakarta</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Completed 4 condos, 2 offices and opened Kota Kasablanka mall</span><br><span style="color:rgb(34,34,34);">with 94% pre-leasing rate</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Acquired Kota Kasablanka Superblock in&nbsp;</span><br><span style="color:rgb(34,34,34);">Jakarta鈥檚 Fringe CBD</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Completed 2 condos, 1 office tower, and 1 mall in Gandaria City,</span><br><span style="color:rgb(34,34,34);">as well as 1 mall in Pakuwon City</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Rebranding of Pakuwon City into a self-contained city, complete with retail/commercial areas,&nbsp;</span><br><span style="color:rgb(34,34,34);">school, and a hospital.</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Entered the Jakarta Market with the acquisition of land for&nbsp;</span><br><span style="color:rgb(34,34,34);">Gandaria City Superblock in South Jakarta</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Completed Tunjungan Plaza III and IV, Surabaya Sheraton Hotel and&nbsp;Regensi Condominium Tunjungan City becomes the 1st Superblock in Indonesia</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">Completed Tunjungan Plaza II Shopping Center (Lifestyle Center)</span><br><span style="color:rgb(34,34,34);">and the Mandiri Office Tower</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;"><span style="color:rgb(34,34,34);">1st Property company to be listed on&nbsp;</span><br><span style="color:rgb(34,34,34);">Jakarta Stock Exchange</span></p> </div> <div class="home-milestone-post"> <p style="text-align:center;">Pakuwon Jati established to develop Tunjungan Plaza I,&nbsp;<br>the first modern shopping center in Surabaya.</p> </div> </div> </div> </div> </section> <script> document.querySelector('.milestone-thumb').classList.add('active'); document.querySelector('.home-milestone-post').classList.add('active'); let milestones = document.querySelector('.home-milestones-thumb'); let milestonethumbs = 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