As the real estate flagship of Sinar Mas group, one of Indonesia’s largest and most diversified conglomerates, Duta Pertiwi is in a favourable position to spot opportunities in the real estate market. The backing of Sinar Mas, enables the company to move quickly to seize attractive investments for the benefit of its shareholders and clients. Duta Pertiwi was the first to exploit strata title sales opportunities for retail space in Indonesia, with the launch of Mangga Dua International Trade Centre (ITC Mangga Dua) in 1989. The legislation, which was promulgated in 1985, gave real estate developers the flexibility to subdivide fixed plots of land to accommodate multiple owners. Duta Pertiwi was also the first to successfully combine condominium, retail space and offices as mixed-use superblock developments. These superblock developments have become a trademark for Duta Pertiwi’s innovation in the marketplace. They have not only enabled the company to achieve a higher margin than other types of property development, they have also reduced Duta Pertiwi’s exposures to fluctuations in the market. One of Duta Pertiwi’s largest superblock developments is located along Jalan Mangga Dua. The development of Mangga Dua, which was launched in 1989, transformed a 29-hectare section of underdeveloped land in north Jakarta into a thriving business and residential community. Duta Pertiwi is involved in the development of five other superblock – Roxy Mas, Cempaka Mas, Ambasador Kuningan, Fatmawati Mas and Mangga Dua Surabaya. The company has also pioneered in the development of condominium apartments for local owners, Indonesia’s first high-rise strata title condominium development, Mangga Dua Court, completed in January 1994, was a trailblazer, an indication of not just the company’s innovative approach to property development but also its vision of the future. Duta Pertiwi has launched several residential projects, all located in Jakarta and its surrounding areas - Taman Duta Mas, Taman Permata Buana, Taman Banjar Wijaya, Kota Bunga, Kota Wisata and Legenda Wisata, are in various stages of development. The company is also involved in several long term properties development of two four-star hotels namely Dusit Balikpapan and Dusit Mangga Dua, also the development of office building in Thamrin known as Plaza BII.