- Business
- PT Pollux Hotels Group Tbk PT Pollux Hotels Group Tbk is an Indonesia-based property and real estate company that engages in the development, investment, trading, construction, management, and rental of commercial properties including malls such as Paragon Mall, Central City Mall, and Marquis de Lafayette Mall; hotels including Po Hotel, Merbabu Hotel, and multiple Louis Kienne Hotel locations; apartments including W/R Residence Apartment, The Pinnacle Apartment, and Marquis de Lafayette Apartment; as well as shophouses, amusement parks, and related services through its segments of Mall, Developer, Hotel, and Administrator. The company operates primarily in Indonesia with projects concentrated in cities like Semarang and Jakarta, headquartered at Noble House, 36th Floor, Jl. Dr. Ide Anak Agung Gde Agung Kav. E.4.2 No. 2, Mega Kuningan, South Jakarta; it conducts commercial operations since 2018 through subsidiaries such as PT Cakrawala Sakti Kencana, PT Royal Phantom Properties, PT Morindo Masindo, and PT Graha Masindo Pratama, with PT Pollux Properties Indonesia Tbk PT Pollux Properties Indonesia Tbk holding a 23% stake. Recent developments include the ongoing integrated projects Paragon Mall 2 and Boulevard View mall and apartment complex; the sale of shares in inactive subsidiaries PT Aman Berkat Cemerlang and PT Batam Bintang Bahana to PT Sentosa Prima Siji in late 2024 for working capital and business expansion; and the launch of a Sustainability Linked initiative as of November 2025, alongside revenue growth to IDR487 billion in 2024 driven by strong performance across all segments.