PT Pakuwon Jati Tbk is an Indonesian

real estate Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more general ...

developer based in

Surabaya Surabaya ( jv, ꦱꦸꦫꦧꦪ or jv, ꦯꦹꦫꦨꦪ; ; ) is the capital city of the Provinces of Indonesia, Indonesian province of East Java and the List of Indonesian cities by population, second-largest city in Indonesia, after Jakarta. L ...

and the

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

of the Pakuwon Group. Pakuwon was founded by Alexander Tedja in 1982 and focuses on the construction of shopping centers and office buildings in Surabaya and

Jakarta Jakarta (; , bew, Jakarte), officially the Special Capital Region of Jakarta ( id, Daerah Khusus Ibukota Jakarta) is the capital and largest city of Indonesia. Lying on the northwest coast of Java, the world's most populous island, Jakarta ...

. Pakuwon Jati embodies the superblock concept in Indonesia, a large-scale integrated development in malls, offices, condominiums and hotels. Pakuwon owns and manages shopping centers such as Tunjungan Plaza superblocks, BBD Tower complex office, five-stars Sheraton Surabaya Hotel, Condominium and Laguna Indah real estate, as well as several industrial estates located in

Surabaya metropolitan area The Surabaya metropolitan area, or known locally as Gerbangkertosusila ( jv, ꦒꦼꦂꦧꦁꦏꦼꦂꦠꦱꦸꦱꦶꦭ, Gerbangkertasusila, from ''Gresik-Bangkalan-Mojokerto-Surabaya-Sidoarjo-Lamongan''), is a metropolitan area in East Java, ...

. On August 22, 1989, Pakuwon obtained an effective statement from Bapepam-LK (now the Financial Services Authority - OJK) to conduct an

initial public offering An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...

(IPO). These shares were listed on the

Surabaya Stock Exchange Surabaya Stock Exchange (SSX) ( Indonesian: Bursa Efek Surabaya (BES)) was a stock exchange that officially opened on June 16, 1989, based on the Minister of Finance Decree of Indonesia No. 654/KMK.010/1989 with only thirty-six shareholders. It wa ...

and the

Jakarta Stock Exchange Jakarta Stock Exchange (JSX) (Indonesian: Bursa Efek Jakarta (BEJ)) was a stock exchange based in Jakarta, Indonesia, before it merged with the Surabaya Stock Exchange to form the Indonesia Stock Exchange. History Originally opened in 1912 under ...

on October 9, 1989.

List real estates owned and operated by Pakuwon

Superblocks

Tunjungan Plaza Tunjungan Plaza (TP) is a superblock in Surabaya and is the second-largest shopping center in Indonesia after Pakuwon Mall, both owned-and-operated by Pakuwon Jati which has its headquarters inside the superblock. Initially inaugurated in 1986 ...

Pakuwon Mall Pakuwon Mall (formerly Supermal Pakuwon Indah, abbreviated SPI) is a shopping mall in Surabaya, Indonesia. It is the largest mall in Indonesia with a net leasable area of 200,000 m2. This mall is connected with Pakuwon Trade Center (PTC). It is on ...

Pakuwon City Mall Pakuwon City Mall (formerly East Coast Center) is a shopping center located in Surabaya, East Java. Total retail floor's area of the shopping mall is . Pakuwon City Mall is located right in front of the entrance to the housing Pakuwon City (forme ...

* Food Junction Pakuwon * Royal Plaza *

Kota Kasablanka Kota Kasablanka is a mixed-development covering an area of at Tebet in Jakarta, Indonesia, which consists of office tower, serviced office suites, shopping center, convention hall and condominium towers. This super-block is developed by PT Pakuw ...

Gandaria City Gandaria City is a mixed-use complex including a shopping mall, an office tower, apartment towers, and a hotel at Kebayoran Lama, Jakarta, Indonesia developed by Pakuwon Jati. The shopping mall, Sheraton Hotels and Resorts, Sheraton Grand Gandari ...

, Jakarta * Blok M Plaza, Jakarta

Apartments

* Condominium Regency - Tunjungan Plaza 3 * The Peak Residence - Tunjungan Plaza 5 * One Icon Residence - Tunjungan Plaza 6 * Waterplace Residence - Pakuwon Mall Superblock * Orchard & Tanglin Apartment - Pakuwon Mall Superblock * La Riz Condominium - Pakuwon Mall Superblock * Anderson & Benson Tower - Pakuwon Mall Superblock * La Viz Condominium - Pakuwon Mall Superblock * Educity - Pakuwon City

Skyscrapers

* Mandiri Tower, Surabaya * The Peak Residence, Tunjungan superblocks * Pakuwon Tower (Headquarters of Pakuwon Group)

References

External links

{{Portal, Architecture, Companies
Official website of Pakuwon Jati

Official website of Pakuwon Group
1982 establishments in Indonesia 1980s initial public offerings Companies based in Surabaya Companies listed on the Indonesia Stock Exchange Construction and civil engineering companies established in 1982 Indonesian companies established in 1982 Indonesian brands Construction and civil engineering companies of Indonesia