Indonesian Paradise Property Tbk (INPP)

Overview

PT Indonesian Paradise Property Tbk, initially established in 1996 as PT Penta Karsa Lubrindo, underwent a significant rebranding in 2004 to better reflect its expanded focus and operations, adopting its current name. The company positions itself prominently within the Indonesian market, focusing on the development, ownership, and operation of a diverse portfolio that includes hotels, resorts, shopping centers, entertainment facilities, apartments, and mixed-use properties. With its headquarters situated in Jakarta, Indonesia, PT Indonesian Paradise Property Tbk has evolved into a key player in the country's real estate and hospitality sectors. It distinguishes itself through its broad range of services and properties, catering to various market segments and consumer needs.

Products and Services

PT Indonesian Paradise Property Tbk offers a comprehensive array of products and services, structured around the core areas of real estate development, hospitality, retail, and entertainment:

• Hotels and Resorts: The company develops, owns, and operates a variety of hospitality establishments, including both hotels and resorts. These properties are designed to meet the needs of diverse traveler demographics, providing accommodations, amenities, and services that cater to luxury, business, and leisure segments.
• Shopping Centers: Engaging in the development of shopping centers, PT Indonesian Paradise Property Tbk aims to create thriving retail environments that blend shopping with entertainment and dining solutions. These centers serve as one-stop destinations for both local residents and tourists, enhancing the consumer retail experience.
• Entertainment Centers: The company diversifies its entertainment offerings by developing and operating entertainment centers that range from cinemas to game and amusement parks. These centers are strategically integrated into its other developments, such as shopping malls or mixed-use properties, to drive foot traffic and enhance the overall appeal of its projects.
• Apartments and Mixed-Use Properties: Recognizing the evolving demand for urban living and commercial spaces, PT Indonesian Paradise Property Tbk ventures into the development of apartments and mixed-use properties. These developments combine residential, retail, office, and sometimes hospitality components, offering a multifaceted living and working environment.
• Real Estate Development: At its core, PT Indonesian Paradise Property Tbk is deeply involved in real estate development, encompassing the planning, construction, and marketing of its projects. This includes land acquisition, design, development, and sales of properties across its portfolio.
• General Trading and Development Businesses: Beyond its primary focus areas, the company also engages in general trading activities and other development businesses, expanding its reach and diversifying its revenue streams. This signifies its adaptability and willingness to explore new market opportunities.
• Theme Park or Playing Park Activities: Adding to its entertainment repertoire, PT Indonesian Paradise Property Tbk participates in theme park or playing park activities, offering recreational and leisure options that complement its existing property developments. These activities aim to attract additional visitors to its properties and improve the overall customer experience.