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Deep-dive 2021-20: Pakuwon Jati
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Deep-dives

Deep-dive 2021-20: Pakuwon Jati

Michael Fritzell
Oct 3, 2021
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Pakuwon Jati (PWON IJ) is an Indonesian property developer focusing on so-called “superblocks”. It acquires land around a centrally located area, builds a shopping mall, and then adds surrounding properties such as condos, serviced apartments, offices, hotels, etc.

Half of Pakuwon’s revenues are recurring (retail mall leasing, office leasing, hotels). T…

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