Menteng Hermitage Realty Tbk (HRME)

Overview

PT Menteng Heritage Realty Tbk, initially established as PT Citra Prestasi Abadi, underwent a name change in October 2007 to better reflect its core business and heritage values. Founded in 2007 and situated in Jakarta Pusat, Indonesia, this company has grown its operations significantly to include various sectors beyond its primary focus on hotel ownership and operations. A notable asset in its portfolio is The Hermitage, a prestigious hotel located in the heart of Menteng, Central Jakarta, underscoring the company's commitment to offering premium hospitality experiences. PT Menteng Heritage Realty Tbk is a part of the broader PT Wijaya Wisesa Realty conglomerate, benefiting from an expanded range of expertise and resources within the realty and hospitality industries in Indonesia.

Products and Services

• Hotel Ownership and Operations

  The cornerstone of PT Menteng Heritage Realty Tbk's portfolio is The Hermitage, a hotel that stands as a beacon of luxury and exclusivity in Menteng, Central Jakarta. This establishment offers unparalleled accommodation, dining, and leisure facilities, catering to both local and international guests seeking a serene and opulent escape in the heart of one of the busiest cities in Southeast Asia.

• Investment

  With a strategic focus on expanding its footprint in the real estate and hospitality sectors, PT Menteng Heritage Realty Tbk actively pursues investment opportunities that promise significant returns. These investments are carefully selected to align with the company's growth strategies and heritage values, ensuring a sustainable expansion of its portfolio and market influence.

• Sea Transportation Businesses

  Extending its reach beyond the hospitality and real estate sectors, PT Menteng Heritage Realty Tbk has ventured into the sea transportation industry. This division of the company focuses on offering reliable and efficient sea transportation services, supporting Indonesia's vast archipelago's logistics and supply chain needs. Such diversification showcases the company's adaptability and its strategic aims to explore new business avenues.

• Barge Charter Services

  As a part of its sea transportation business, PT Menteng Heritage Realty Tbk provides specialized barge charter services. These services are essential for bulk goods transportation, catering to industries such as mining, construction, and agriculture. The availability of barge charter services further solidifies the company's role in supporting and facilitating Indonesia's economic activities, especially in sectors requiring large-scale logistical solutions.