Dyah Rahadyannie
President Director
Building and Serving for Indonesia
Praise and gratitude be to God Almighty for His abundant grace,
Praise and gratitude to God Almighty for all His grace.
The year 2024 marked a pivotal moment for PP Properti as the Company entered a new phase of transformation—one that is more adaptive and strategic. Amid global economic challenges and internal company conditions, the management implemented a series of measured recovery initiatives, beginning with the restructuring of our portfolio and the formulation of long-term growth strategies. This year has served as a critical foundation for operational sustainability and the strengthening of our business fundamentals.
One of PP Properti's key focuses has been enhancing our champion portfolio through collaboration with professional consultants, resulting in a more precise product mapping. This initiative has already shown promising outcomes, including a significant reduction in inventory value. These early results affirm that the recovery strategy we are pursuing is moving in the right direction.
On the financial front, PP Properti has successfully rebuilt trust with creditors through a court-approved debt restructuring process (PKPU). With the support of the majority of creditors and the ratification of the homologation ruling, PP Properti now has legal certainty to refocus on running its business in a stronger and more efficient manner. We view this momentum as a turning point in reinforcing our business foundation.
Looking ahead, we see 2025 as a year full of opportunities to accelerate recovery and growth. The formation of a new government following the national election brings renewed optimism for the business sector, including the property industry. Furthermore, the government’s flagship program to develop 3 million housing units for low-income communities (MBR) opens significant opportunities for PP Properti to contribute in providing quality, affordable housing.
Backed by well-designed marketing strategies and positive results from our champion portfolio sales initiatives, PP Properti targets significant growth in 2025. We are confident that with a stronger foundation and more focused strategic direction, PP Properti is ready to meet challenges and seize every opportunity toward a more sustainable future.
On behalf of the Board of Directors, I would like to express our heartfelt appreciation to all our residents, customers, tenants, hotel guests, mall visitors, consultants, contractors, suppliers, media partners, business partners, shareholders, and stakeholders for their unwavering support to PT PP Properti Tbk. Our highest appreciation goes to our employees who continue to uphold the values of AKHLAK (Trustworthy – Competent – Harmonious – Loyal – Adaptive – Collaborative) and consistently contribute their best toward the success of the Company.
We also extend our sincere gratitude to the Board of Commissioners of PT PP Properti Tbk and to our Parent Company, PT PP (Persero) Tbk, for their guidance and oversight.
Thank you to the Board of Commissioners of PT PP Properti Tbk and the Parent Company, namely PT PP (Persero) Tbk for their supervision and direction.
Dyah Rahadyannie
President Director
