Acquired Four Points by Sheraton Bali, Kuta

Refinanced US$250m bond with US$400m of 
4.875% Senior Unsecured Notes due 2028

Opening of Pakuwon Mall 4 and Pakuwon City Mall 2. Acquired Pakuwon Mall and Marriott Yogjakarta 
and Pakuwon Mall Solo (Formerly Hartono Mall Jogja & Solo). Opening of The Westin Surabaya.

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

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.

Opening of Pakuwon Mall Phase 2 & 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

Acquired 11 ha of land in Daan Mogot, West Jakarta and opening of Four Points by Sheraton Surabaya Hotel in June 2016

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

Acquired 67.1% of PT Pakuwon Permai. Raised USD 200 million of 7.125% Senior Unsecured Notes due 2019. Increases shareholding of 4.5ha Simatupang land bank from 45% to 70%

Acquired 33% stake in Usada Insani Hospital, as well as 45% stake in 4.2ha land bank in 
Simatupang, South Jakarta

Completed 4 condos, 2 offices and opened Kota Kasablanka mall
with 94% pre-leasing rate

Acquired Kota Kasablanka Superblock in 
Jakarta’s Fringe CBD

Completed 2 condos, 1 office tower, and 1 mall in Gandaria City,
as well as 1 mall in Pakuwon City

Rebranding of Pakuwon City into a self-contained city, complete with retail/commercial areas, 
school, and a hospital.

Entered the Jakarta Market with the acquisition of land for 
Gandaria City Superblock in South Jakarta

Completed Tunjungan Plaza III and IV, Surabaya Sheraton Hotel and Regensi Condominium Tunjungan City becomes the 1st Superblock in Indonesia

Completed Tunjungan Plaza II Shopping Center (Lifestyle Center)
and the Mandiri Office Tower

1st Property company to be listed on 
Jakarta Stock Exchange

Pakuwon Jati established to develop Tunjungan Plaza I, 
the first modern shopping center in Surabaya.