Press Releases

Asset Acquisition Deal by PT Nirvana Wastu Pradana

PT Nirvana Wastu Pradana has acquired a shopping mall asset (Supermall Cianjur) and land plots located in Cianjur, West Java from PT Griya Pesona Mentari for Rp73.97bn. PT Nirvana Wastu Pradana has executed the transaction on Friday, 24th June 2016.

Direktur Utama PT Nirvana Development Tbk

Direktur Independen PT Nirvana Development Tbk

Direktur PT Nirvana Development Tbk

Penggantian Sekretaris Perusahaan 23 Oktober 2015

Merujuk kepada Peraturan Otoritas Jasa Keuangan ("POJK") No. 35/POJK.04/2014 tanggal 8 Desember 2014 tentang Sekretaris Perusahaan Emiten atau Perusahaan Publik; Peraturan No. X.K.1 Lampiran Keputusan Ketua Bapepam No. Kep86/PM/1996 tanggal 24 Januari 1996  tentang Keterbukaan Informasi Yang Harus Segera Diumumkan Kepada Publik; ....

Warburg Pincus to Commit US$125 Million and Partner with Nirvana to Develop Hypermarket Anchored Retail Malls in Indonesia

NEW YORK and JAKARTA, Indonesia, Feb. 15, 2015 /PRNewswire/ -- Nirvana Development Tbk PT (NIRO.JKT, "Nirvana"), an emerging real estate developer and operator in Indonesia, today announced that an affiliate of Warburg Pincus, a leading global private equity firm focused on growth investing, will commit US$125 million (with the option to invest up to an additional US$ 75 million) and create a joint venture ("the Venture") with the company to build and develop a best-in-class retail platform in Indonesia. The Venture will focus on developing hypermarket-anchored shopping malls across second- and third-tier cities in Indonesia to capitalize on the growth potential driven by rapid urbanization, emerging consumption and outsized economic growth in these areas.