PT Danayasa Arthatama Tbk was founded on April 1, 1987, it is one of the leading property developers in Indonesia, which develops and manages Sudirman Central Business District (SCBD), a superblock with an area of 45 hectare. Previously, it was a slum area with a high level of crime and poverty in Jakarta.
PT Danayasa Arthatama Tbk appointed Philip Cox, an architect from Australia, and CIME International from Singapore, to transform the area into a visionary superblock, it was the first and largest integrated development in Indonesia with a total planned construction area of more than 2.5 million m² and complete with its infrastructure which had been completed in 1995.
Artha Graha Building is an office tower built in 1993 consists of 30 floors. This building is a business center of leading companies and the headquarters of Bank Artha Graha Internasional Tbk. Facilities in this building includes: 24 hours security, VIP lift, backup generator and a food court.
The construction of Indonesia Stock Exchange (IDX) building, formerly known as the Jakarta Stock Exchange (JDX) as iconic twin tower which are occupied by world-class companies such as multinational financial institutions and energy companies. The existence of IDX turns SCBD as a leading financial and business center in Jakarta.
One Pacific Place, is a development of shopping and lifestyle concept that combines the hotel and 5-star service apartment manage by Ritz Carlton, Grade A standard office buildings, luxury apartments and exclusive shopping center.
In Addition, a strata title office buildings named Equity Tower has also been built on lot 9. This building is designed as high as 50 stories and equipped with state-of-the art facilities as well as eco-friendliness in its operation.
In the two decades (1987-2013), portions of SCBD has been developed into office buildings, hotel, apartments and shopping center. SCBD has been home to local and international leading companies in Indonesia. Generally, the occupancy rate of office buildings and rental rates in SCBD is higher than occupancy rate and market rental rates for office space in Jakarta. Condominium development and retail markets contribute to provide market for turnover with optimal profits.