PT Ciputra Development Tbk is one of Indonesia's leading property companies. The company, which focuses on property development, management and investment, develops and operates 50 residential and commercial properties in 28 big cities across Indonesia as well as one international project located in China. Developed commercial property includes shopping centers, hotels, serviced apartments and golf courses.
|Industry Sector||Property, Real Estate and Construction|
|Industry Sub Sector||Property and Real Estate|
|Established||22 October 1981|
|Listed||28 March 1994|
|Listed Company Code||CTRA|
|Major Shareholders (>5%)||Sang Pelopor (30.63%)
Credit Suisse Singapore (7.32%)
|Key Subsidiaries||Ciputra Surya
Ciputra Raya Sejahtera
Ciputra Graha Mitra
Stock Quote Ciputra Development - CTRA:
The portfolio of Ciputra Development comprises development in several business segments such as housing, hotels, shopping centers, apartments, office space, recreational places and related facilities. Locations of its projects have expanded to the Greater Jakarta area, Surabaya and surrounding areas of other cities on Java, Sumatra, Kalimantan, Sulawesi and Bali. The company also offers services related to design, development, and maintenance of housing facilities.
Residential projects form the largest revenue source for the company as it has a higher number of residential projects (and which have higher economic growth) than commercial property projects.
In terms of geographical distribution, the Jakarta area contributes the most to Ciputra Development's assets, revenues and net profit. This area is the most populous area of Indonesia and, as such, is in need of much property development.
One of the company's mega-projects is Ciputra World 1, located in a commercial district of Jakarta and which will be fully operational by the end of 2013. Another mega-project, Ciputra World 2, is scheduled to commence operations in 2015.
Ciputra Development's Financial Highlights:
in billion IDR rupiah unless otherwise stated
¹ in IDR rupiah
Source: Ciputra Development, Annual Report 2016
Jalan Prof. Dr. Satrio Kav. 6
Phone: +62 21 522 6868
Fax: +62 21 520 5262