
Nirvana Development is one of the real estate developer and operator leader in Indonesia. The Company activities span across shopping centers, real estate, hotels and others assets. The Company started its first commercial operation on 2011. On 13 September 2012, the Company’s shares were listed at Indonesia Stock Exchange with tick-mark “NIRO” and to date the Company has successfully developed five mix-use real estate across Java and Kalimantan.
Through its iconic project such as Cirebon Super Block, The Park Solo, Borneo City Sampit, Borneo City Ketapang, and Borneo Mall PangkalanBun, the Company has created a new shopping experience and bring significant convenience to local residents.
The Company has strengthened its position through a strategic joint venture with Warburg Pincus, a leading global private equity firm who has a proven track record in the consumer and retail sector globally (“the Venture”). With the strong local knowledge and operational experience of the Company and Warburg Pincus proven ability and experience in consumer and retail sectors, the Company may seek to scale quickly over the next few years and take the benefit of Indonesia’s long-term economic growth and emerging middle class across archipelago.
Office 8 Lantai 33, SCBD Lot 28, Jl. Jend. Sudirman Kav. 52-53 Senayan, Keb. Baru, Jakarta
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