PT Duta Pertiwi Tbk was founded in 1972 as a subsidiary of PT Bumi Serpong Damai Tbk and is primarily engaged in property development.

It started its real estate business in 1987 by developing a commercial area with several shop-houses around Pangeran Jayakarta Street, Jakarta. The success of these projects in Jakarta and the surrounding areas encouraged the Company to expand in Greater Jakarta and other major cities in Indonesia, including Surabaya and Balikpapan. Its property portfolio divided into four types: Township, Residential, Asset Management also Retail and Hospitality.

One of its flagship projects was developed in 1989 when the Company ventured in developing an integrated commercial project or superblock on 29 hectares of land in Mangga Dua, a mixed concept of residential and commercial areas that includes apartments,kiosk and shop-houses, now known as ITC Mangga Dua. Based on this concept, the Company has developed ITC projects located in Greater Jakarta and Surabaya.

The Company also constructed hotel projects in Jakarta, Semarang and Balikpapan, office buildings in CBD (Central Business District) of Jakarta and housing projects in Greater Jakarta, Surabaya and Balikpapan. The Company was listed in the Indonesia Stock Exchange on November 2nd, 1994 with the code IDX: DUTI. In 2010, the Company was acquired by PT Bumi Serpong Damai Tbk (BSDE), which BSDE now owns 88.56% of the Company’s shares, and the remaining is owned by the public under
5%. A total of 1,850,000,000 shares were listed on December 31st , 2019 with market capitalization of IDR9.23 trillion.