JAKARTA (Yosefardi) – Property developer PT Pakuwon Jati Tbk (PWON) booked marketing sales of Rp2 trillion as of September this year, representing 66.6% of this year’s target of Rp3 trillion.
High rise residences is the main contributor, supported by the consolidation of projects in Jakarta and Surabaya.
PWON has recently bagged syndicated loan of Rp1.25 trillion from Bank Central Asia (BCA) and Bank Mandiri, used to fund the establishment of Tunjungan Plaza 5, Tunjungan Plaza 6 and the development of Tunjungan Plaza 4 in Surabaya, East Java.