Global Business Guide Indonesia

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JOINT VENTURES | INVESTMENT
Grage Group

Founded in 1996, Grage Group is a leading Indonesian property developer with specialised expertise in the country’s fast-growing secondary cities. With a project portfolio comprised of strategically located real estate in Bengkulu, Kuningan, Yogyakarta, Malang as well as developments in Jakarta; the company is anchored in the port city of Cirebon – its commercial stronghold and longstanding area of focus. Embracing a corporate culture closely influenced by the Indonesian spirit and an in-depth understanding of the Indonesian lifestyle as well as property market, Grage Group stands at the forefront of modern living and convenience implemented within both commercial and residential real estate.

Grage Group – as a multi-skilled developer for landed property, high-rise buildings, shopping malls, and hospitals – is at the heart of innovation as evident in its prime positioned properties offering easy accessibility and comfort for individuals in the suburbs as well as cities. As a response to the domestic market’s demand for added value in property ownership, the company draws upon unsurpassed home design in addition to meeting high-quality service standards for its real estate ventures.

Standing at the forefront of Indonesia’s highly lucrative property sector, Grage Group actively engages in international partnerships for technology transfer which has thus seen the company earn the longstanding trust of numerous prominent local and international companies. Grage Group’s investment in its human resources is in keeping with its corporate mission of delivering the best and as such has seen the company develop upon its wide-ranging set of skills. Grage Group’s latest project, the Rumah Sakit Ibu dan Anak (RSIA) Grage City hospital, demonstrates the company’s capabilities whereby residents of the company’s landmark township development, Grage City, are provided with a modern health services centre. Having garnered two decades of expertise, Grage Group has the foundations in place to expand its property portfolio and work closely with partners to establish iconic projects across Indonesia.

Grage Group

Key Information

Year of Establishment: 1996

Type: Private

Number of Employees: > 800

Previous Projects: Grage Mall Cirebon, Grage City, Grage City Mall, Grage Sangkan Hotel & Spa, Grage Hotel Cirebon, Grage Hotel Yogyakarta, Grage Hotel Bengkulu, Grage Ramayana Yogyakarta, Grage Hotel Malang, Grage Manoa Estate, Wisma Grage Bandung

Upcoming Projects: Rumah Sakit Ibu dan Anak (RSIA) Grage City, Sima Izzara Apartments

Main Services: Residential Property, Commercial Property, High-Rise Buildings

Local Presence

International Reach

As a strategic player within Indonesia’s property industry, Grage Group’s prominence stands as testament to the company’s mission of providing residents and guests with high standards of services. Consistent delivery in quality, safety, and customer satisfaction positions Grage Group as the local partner of choice for overseas firms looking to partake in Indonesia’s dynamic real estate market. Upcoming joint initiatives include a partnership with a prominent French company in the design concept and construction of hotel properties in Cirebon and Banyuwangi in addition to the current cooperation with a leading Japanese company in the completion of the group’s Sima Izzara apartment complex and office tower. Grage Group’s notable international reputation and extensive capabilities have thus led the firm to receive a range of enquiries from companies in Europe as well as Asia, and will see the developer add more partners in the near future.

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International Reach

Local Presence

Grage Group has developed a strong portfolio of landmark properties throughout various secondary cities in Indonesia such as Kuningan, Bengkulu, Yogyakarta, Bandung, and Malang as well as its commercial stronghold of Cirebon. The group’s highly sought-after properties include Grage Mall Cirebon, the mixed-use residential complex Grage City, and the upcoming RSIA Grage City hospital offering advanced healthcare services for mothers and babies as the group’s first foray into this type of project. As a property developer keen to undertake bold property ventures, Grage Group is leading the completion of the Sima Izzara apartments and offices in Jakarta demonstrating its corporate strength of adhering to the trends impacting Indonesia’s real estate market. 

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