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Trades about 596% below its sector, cheaper than its peers on earnings.
Operating as a comprehensive property company in Indonesia, PT Bakrieland Development Tbk engages in the creation and sale of a diverse portfolio of real estate assets, encompassing land, residential units, apartments/condominiums, and commercial office premises. Its business scope further extends to leasing and managing office buildings, various spaces, and courts. The company also oversees the administration of shopping centers and a theme park, alongside operating hotel establishments. Additional ventures include construction, trading, investment, and refinancing services. Furthermore, PT Bakrieland Development Tbk is responsible for managing recreation and tourism zones, a dedicated sport center, multiple buildings, apartment complexes, and broader residential districts. Ancillary offerings include food and beverage services. The enterprise, founded in 1990, was initially known as PT Elang Realty Tbk before adopting its current designation, PT Bakrieland Development Tbk, in April 1997. Its main corporate offices are located in Jakarta Selatan, Indonesia.
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