PT Pakuwon Jati, Tbk.
Stock Code: PWON.IJ (Bloomberg), PWON.JK (Reuters)
PWON Officially Opens Four Points by Sheraton at Bekasi

 

Bekasi, September 23rd, 2025 – PT Pakuwon Jati Tbk (PWON) on September 22nd, 2025 officially opened Four Points by Sheraton, strategically integrated within the Pakuwon Mall Bekasi Superblock. The hotel offers a modern accommodation concept with international standards, combined with comfort and accessibility through direct integration with Bekasi’s largest shopping destination. Four Points by Sheraton complements Fairfield by Marriott Bekasi, which has been operating previously. Together, with the double-decker hotel concept, the two properties broaden the accommodation choices and expand the market reach within the superblock. Pakuwon Mall Bekasi Superblock has evolved into one of Bekasi’s most prominent landmarks, featuring a modern retail hub, residential apartments, office towers, and now two international-branded hotels. The superblock concept exemplifies PWON’s strategy in delivering integrated developments that serve not only as shopping destinations but also as centers for lifestyle, business, and modern living.

 

Four Points by Sheraton features 242 stylish and contemporary guest rooms and suites, each fitted with floor-to-ceiling windows that provide expansive city views and natural light. With the addition of this hotel, PWON’s hospitality portfolio now totals 2,907 rooms, comprising 10 hotels and 2 serviced apartments. The hospitality segment currently contributes around 20% of the company’s total revenue, making it a key driver of PWON’s recurring income.

 

The addition of this hotel is part of PWON’s long-term strategy to strengthen recurring revenue streams while enriching the ecosystem of the Bekasi superblock. Designed for today’s independent traveler, the hotel enjoys a strategic location with direct access to Bekasi Barat LRT Station, offering seamless connectivity to Jakarta and key destinations across West Java. With three major toll roads nearby, the property is also well connected to Bekasi’s industrial estates and business districts, making it an ideal choice for both business and leisure travelers.

 

“The total construction value of Four Points by Sheraton hotel amounts to IDR 333 billion, while the overall development of the superblock is valued at IDR 2.4 trillion that comprises of retail leasing, 2 hotels and 3 apartments,” said Minarto, Director of PT Pakuwon Jati Tbk. “This opening marks an important milestone in PWON’s hospitality portfolio and further strengthens our position as one of Indonesia’s leading property developers.”

 

Pakuwon Jati Overview

Pakuwon Jati Tbk (PWON: IDX) is a real estate developer with 43 years of experience in developing and operating properties in Indonesia. Established in 1982 and listed on the Jakarta Stock Exchange since 1989, Pakuwon Jati is a geographically diversified real estate developer with properties in Surabaya, Jakarta, Bekasi, Yogyakarta, Solo, Bali, Semarang and Batam. Its key portfolio includes shopping mall, residential, office building and hospitality developments. The Company is vertically integrated across the entire real estate value chain from land acquisition, property development, marketing to operational management. Pakuwon Jati is the pioneer of Superblock concept in Indonesia, a large-scale integrated development comprising retail shopping centres, offices, condominiums, and hotels, with proven track record and strong reputation in the property industry enabling the Company to establish long-term relationships with tenants and buyers, providing a solid foundation for rapid business expansion.

 

Below is the Company’s portfolio:

  • Gandaria City Superblock, Jakarta (retail shopping center, apartment, office building and hotel)
  • Kota Kasablanka Superblock, Jakarta (retail shopping center, apartment, and office building)
  • Somerset Berlian, Jakarta (serviced apartment)
  • Blok M Plaza, Jakarta (retail shopping center)
  • Tunjungan City Superblock, Surabaya (retail shopping center, apartment, office building and hotel)
  • Pakuwon Mall Superblock, Surabaya (retail shopping center, apartment, serviced apartment, and hotel) and Pakuwon Mall Mansion phase 5 (3 apartment towers) which is under construction
  • Royal Plaza, Surabaya (retail shopping center)
  • Pakuwon City township (landed residential) and Educity apartment in East Surabaya
  • Pakuwon City Mall Superblock (retail shopping centre, apartments and hotel) and Park Shanghai (culinary & entertainment destination) in East Surabaya
  • Grand Pakuwon township (landed residential) and Food Junction (Culinary & leisure destination), in West Surabaya
  • Pakuwon Mall Bekasi Superblock, (retail shopping center, apartments and hotel)
  • Pakuwon Mall Jogja and Yogyakarta Marriott Hotel (retail shopping center and hotel)
  • Pakuwon Mall Solo Baru (retail shopping center)
  • Four Points by Sheraton Bali, Kuta (hotel)

 

For further information, please contact:

Minarto Basuki (Director and Corporate Secretary) 
PT Pakuwon Jati, Tbk.

Pakuwon City Mall 5th Floor 
Jl. Kejawan Putih Mutiara No. 17, Surabaya
Telp : (6231) 99218800
Email: corpsec@pakuwon.com
Website: www.pakuwonjati.com