Deep-dive 2021-20: Pakuwon Jati
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…
Keep reading with a 7-day free trial
Subscribe to Asian Century Stocks to keep reading this post and get 7 days of free access to the full post archives.