Company Profile
PT City Retail Developments Tbk, through its subsidiaries, owns develops, and operates shopping malls in Indonesia. Its business is organized into Shopping Mall, Hotel, Shophouse, and Others segments, as well as the building construction.
Its portfolio also includes rental, shopping mall, and hotel management activities, as well as investment business. Its real estate portfolio includes land plots, condotel, and shop buildings.
Formerly known as PT Nirvana Development Tbk, the company rebranded as PT City Retail Developments Tbk in May 2018. The company was incorporated in 2003 and is based in Jakarta Selatan, Indonesia. PT City Retail Developments Tbk is a subsidiary of PT Mega Inti Perdana Utama.