Indonesia Prima Property Tbk PT

PT Indonesia Prima Property Tbk, together with its subsidiaries, operates within Indonesia's real estate sector. The firm's diverse operations encompass leasing office and retail spaces, the rental and sale of apartments, hotel management, and the sale of residential properties. Its core activities involve letting out commercial and residential units, alongside developing hotels, housing developments, and associated infrastructure. Notable assets include the Novotel Surabaya hotel & suites and the Grand Tropic Suites hotel. Established in 1983 and headquartered in Jakarta, Indonesia, the company was initially known as PT Ometraco Realty before adopting its current name in 1996. It functions as a subsidiary of First Pacific Capital Group Limited.