PT Metro Realty Tbk is an Indonesian company engaged primarily in the property lease and management, property investment, and real estate development sectors. The company’s core products and services include leasing and managing self-owned and leased commercial properties such as apartment buildings, residential buildings, exhibition venues, private storage facilities, malls, and shopping centers. Additionally, it develops housing and apartment complexes, including notable projects like the Metro Pasar Baru Building, Melawai Plaza Building, and Metro Sunter Plaza in Jakarta. PT Metro Realty Tbk also provides houses and flats or apartments with options for furnished or unfurnished accommodations.
Founded in 1980 and headquartered in Jakarta, the company initially operated under the name PT Melawai Indah Plaza and commenced commercial operations in 1982. It went public through an IPO in 1992, subsequently changing its name to PT Metro Supermarket Realty Tbk in 2002 before adopting its current name. Over the past 1-2 years, the company has focused on stabilizing its operations with no major shifts in business segments reported recently. However, recent operational updates indicate ongoing efforts in property management and real estate development amid challenging market conditions affecting profitability. There have been no publicly disclosed recent acquisitions or partnerships, but the company has released quarterly financial reports through 2025 reflecting its current business continuity and strategic focus on property leasing and development.
PT Metro Realty Tbk operates mainly in Indonesia, targeting commercial clients, residential tenants, and property investors. Its business segments include commercial real estate leasing, property management services, property investment portfolios, and real estate development projects. The company’s flagship properties in Jakarta reflect its focus on urban real estate assets, and it continues to maintain these assets while exploring strategic investments aligned with market demands.
Overall, PT Metro Realty Tbk provides comprehensive real estate services encompassing leasing, property management, investment, and development, primarily within Indonesia’s metropolitan areas, with a foundation of over four decades in the industry and a notable presence in Jakarta’s real estate market.