Purpose Diversified Real Asset Fund (PRA)

Overview

PT Citra Buana Prasida Tbk is a distinguished entity in Indonesia's real estate sector, primarily focusing on property development and management. Since its establishment in 2000 in Bandung, Indonesia, the company has carved a notable position in the property market. Its operations encompass the development, sale, and rental of shophouses—a prevalent property type catering to both commercial and residential needs in Indonesia. As a subsidiary of PT Sandhi Parama Nusa, PT Citra Buana Prasida Tbk leverages a strategic partnership to expand its market reach and enhance its service offerings, ensuring it remains a key player in Indonesia's bustling property sector.

Products and Services

• Property Development

PT Citra Buana Prasida Tbk takes pride in its comprehensive approach to property development. This involves identifying strategic locations, designing functional and aesthetically pleasing properties, and executing construction projects that meet high quality and safety standards. The focus extends beyond mere construction, emphasizing the creation of community-centric developments that provide value to both residents and businesses.

• Shophouse Sales

The company specializes in the sale of shophouses, a unique real estate offering that combines residential and commercial spaces in a single unit. These properties cater to a diverse clientele, including small business owners seeking a physical retail presence and individuals desiring a versatile space that can accommodate both living and commercial activities. Shophouses developed by PT Citra Buana Prasida Tbk are characterized by their strategic locations, modern designs, and functional layouts, making them highly sought after in the Indonesian property market.

• Property Rental

In addition to sales, PT Citra Buana Prasida Tbk offers rental options for its shophouse properties. This service is tailored for clients who prefer leasing over outright purchase, whether for short-term needs or long-term business requirements. The rental model provides flexibility and accessibility to premium locations, offering a viable solution for startups, established businesses, and individuals looking for commercial or mixed-use premises without the commitment of property ownership.