- Business
- PT Duta Anggada Realty Tbk (DART.JK) engages in real estate development in Indonesia, encompassing the development, sale, rental, and management of residential apartments, office buildings, shopping centers, hotels, and related tourism hospitality services; its core segments include rental income from investment properties such as Plaza Chase, Citywalk Sudirman, Plaza Agro, La Maison Barito, Plaza Bapindo, Plaza Jatinegara, Sinarmas MSIG Tower, and Plaza Chase; hotel income from properties including Hilton Garden Inn Bali, Holiday Inn & Suites Gajah Mada, Holiday Inn Express Matrman, and Hotel Bali; service fees; sales of strata title units from development properties; and other activities. Founded in 1983 and headquartered at Chase Plaza, 21st Floor, Jl. Jend. Sudirman Kav. 21, South Jakarta, Indonesia, the company initially focused on residential complexes for expatriates in South Jakarta, expanded into office buildings and shopping centers post its 1990 IPO, and now operates primarily in the Jakarta region with projects under construction including the Icon Complex. In recent developments, trading suspension on its shares was lifted on February 17, 2025, enabling resumed market activity amid ongoing financial reporting such as nine-month earnings results through September 30, 2025, and an annual and extraordinary general meeting of shareholders held in May 2025.