Indonesia 2015 | Brand Profiles | 21 | Sinar Mas Land
Company: Sinar Mas Land Ltd
Brand value: US$483 million
Headquarter city: Tangerang
Industry: Real Estate
Year formed: 1972
Property developer with portfolio spanning residential, retail and golf
Sinar Mas Land is one of the largest and most diversified property developers in Indonesia, with more than 40 years working on city projects, residential, commercial, retail, hotels and golf courses. Under its slogan “Building for a Better Future” it develops new residential and retail concepts, including Tourism City (Kota Wisata), a cluster housing development in Jakarta, and wholesale-focused Strata Malls and Trade Centres, mainly in the capital.
The company received four awards at the Asia Pacific Property Awards 2015, taking best in category for Residential Development, Retail Development, Development Marketing and Website Development. The parent company, based in Singapore, has operations in China, Malaysia, Singapore and the United Kingdom, investing in commercial buildings, hotels and resorts, property development and leasing. It recently acquired Warwick House in central London for £57.3 million. It is listed on the Singapore Exchange and has two listed subsidiaries, PT. Bumi Serpong Damai, Tbk and PT. Duta Pertiwi, Tbk.