Dana Investasi Real Estat Simas Plaza Indonesia
IIDX:XSPI426.00
IDR
0.00
(0.00%)
ISIN
IDX000000600
Return %
Stock
S&P 500
1Y
-47.54
14.39
3Y
-43.20
81.42
5Y
-43.20
68.62
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate investment trusts
- Address
- Jakarta Indonesia
- Similar Companies
- Business
- Dana Investasi Real Estat Simas Plaza Indonesia is an Indonesia-based collective investment contract real estate investment trust managed by PT Sinarmas Asset Management, with PT Bank CIMB Niaga Tbk serving as the custodian bank. Established in 2019 and headquartered in Jakarta, Indonesia, the fund operates within the real estate investment and commercial property sector, focusing on acquiring, owning, and managing premier income-generating commercial properties and real estate-related assets to generate stable recurring rental yields and long-term capital appreciation for institutional and retail investors. The fund holds strategic indirect ownership in landmark real estate assets located along the prime commercial corridor of Central Jakarta. The company's core asset portfolio and service offerings comprise high-end commercial retail leasing through the flagship Plaza Indonesia Shopping Center, housing luxury designer boutiques, international fashion brands, specialty lifestyle stores, and gourmet dining venues; Grade-A commercial office space leasing through The Plaza Office Tower, providing premium corporate office suites, modern business infrastructure, and executive workspaces for multinational and domestic corporations; luxury hospitality and accommodation services through the five-star Grand Hyatt Jakarta, offering guest rooms, suites, meeting facilities, grand ballrooms, and upscale culinary outlets; comprehensive property and facilities management, encompassing building operations, technical maintenance, tenant relation services, and advanced security management; and ancillary commercial venue rentals, including high-traffic exhibition atriums, promotional staging areas, and structured parking facilities. Dana Investasi Real Estat Simas Plaza Indonesia concentrates its geographic operations entirely in Jakarta, Indonesia, catering to corporate tenants, luxury retail shoppers, domestic consumers, and international business travelers. In recent developments, the fund has advanced strategic asset enhancement initiatives across its core portfolio, including ongoing tenant mix optimizations at Plaza Indonesia Shopping Center to introduce new ultra-luxury retail flagships and exclusive lifestyle concepts. In addition, the fund has implemented facility modernizations and sustainability upgrades across The Plaza Office Tower and Grand Hyatt Jakarta, integrating energy-efficient building systems and enhanced digital infrastructure to elevate environmental performance. The fund has also strengthened its leasing and capital management frameworks under Financial Services Authority regulations, securing long-term lease renewals with top-tier corporate tenants to maintain high occupancy levels, safeguard asset valuation, and maximize recurring distribution yields.