Company: Ciputra Development Tbk PT
Brand Value: US $400 million
Year on Year Change: -11%
Category: Real Estate
Year Formed: 1990
Ciputra Development is a leading developer of large-scale commercial and residential developments in over 33 Indonesian cities. The business focuses on commercial projects, including shopping centers, offices, hotels, hospitals and golf courses, as well as upmarket residential properties. In the past year, the business has also moved into developing low-cost housing projects. Ciputra properties feature distinctive modern architecture that sets them apart from other developers’ work. Recenan office, warehouse and workshop development called Aerolink Boulevard, near Jakarta’s international airport, and the Citra Maja Raya township development west of Jakarta, which has been awarded Excellence in Design for Greater Efficiencies (EDGE) Green Building design certification by the International Finance Corporation (IFC), a member of the World Bank. The Ciputra Group mantra is: “Creating world entrepreneurs”, though in communications the brand has often used the tagline “Turning Dirt and Junk into Gold”.