As a prominent property developer in Indonesia, Grage Group has provided the domestic market with a wide-range of iconic and sought-after properties in key secondary as well as primary cities. The company’s many successes has motivated Grage Group to undertake its latest goal of becoming a public company in the coming years as stated by Mr Bamunas S. Boediman as CEO of Grage Group. Since the completion of Grage Mall Cirebon in 1996, Grage Group continues to undertake various infrastructure projects adding onto the company’s project portfolio while continuously adapting to the dynamic landscape of Indonesia’s property industry. Grage Group’s versatility is evident in upcoming projects including the addition of office towers, apartments, an international school, and a modern hospital within the Grage City township development slated to begin construction in 2015.

With steady financial results achieved through its real estate and commercial properties, Grage Group’s long-term future is nothing short of promising. Having established a strong relationship with communities and government bodies, the solid standing of Grage Group is a competitive advantage that can lure public interest in the company’s shares purchase in the future. Utilising Indonesia’s massive market potential, in particular within the middle class, Grage Group plans to move forward with its expansion despite today’s unfavourable economic climate. Grage Group’s solid track record and high standards of professionalism are core areas that make the company optimistic in submitting an Initial Public Offering in the near future.