Summarecon Agung Tbk PT (RZU)

Overview

PT Summarecon Agung Tbk, established in 1975, is a prominent real estate construction and development company based in Jakarta Timur, Indonesia. The company has built a portfolio that spans across various segments including Property Development, Investment Property, Leisure and Hospitality, and Others. It undertakes the development and sale of an array of real estate properties, such as houses, commercial buildings, apartments, residential lands, and commercial shop houses. In addition to property development and sales, PT Summarecon Agung Tbk also focuses on property management and leasing, alongside offering recreational club facilities. It aims to develop comprehensive townships and manage towns, reflecting its commitment to contributing to the urban development of Indonesia.

Products and Services

• Property Development:

  PT Summarecon Agung Tbk specializes in the development and sale of various real estate properties, including houses, commercial buildings, apartments, residential lands, and commercial shophouses. This segment encompasses the creation of residential and commercial spaces designed to meet the modern living and business standards.

• Investment Property:

  The company manages and leases a variety of properties, including shophouses and office buildings, ensuring a sustainable income stream from its investment properties. This activity includes the strategic acquisition of land and properties for future development or rental income.

• Leisure and Hospitality:

  Owning and operating leisure and hospitality facilities, such as sports clubs and hotels, allows PT Summarecon Agung Tbk to offer exceptional experiences to both residents of its developments and visitors. This segment focuses on contributing to the lifestyle and well-being of its communities.

• Management Services:

  It provides comprehensive management services for residential apartments, offices, and other building facilities. This includes everything from routine maintenance to security, ensuring that properties remain in top condition and offer optimal environments for living and business operations.

• Infrastructure Development:

  PT Summarecon Agung Tbk is involved in the development of infrastructure facilities that support its townships and real estate developments. This commitment to infrastructure ensures that its projects are well-supported with essential services and connectivity.

• Additional Ventures:

  The company has diversified its activities to include operating gas stations and hospitals, retailing food and beverages, providing information systems and education services, and engaging in trading. These ventures complement its core real estate business and offer enhanced services to its customers.