GL Leadership Pak Hiramsyah
“Entrepreneurial Leadership
for Sustainable Business ”
Hiramsyah S. Thaib
Presiden Direktur & CEO
PT Bakrieland Development Tbk.
Universitas Bakrie
Jakarta, 10 April 2012
Who Thinks Big??
Bill Gates
• Saat masih kuliah di Harvard, rasa keingintahuan dan kemampuan
melihat potensi pasar (visioner) membuat Bill Gates tergerak untuk
menciptakan program piranti lunak Microsoft di tahun 1975
• Bill Gates mengawali bisnis Microsoft dari garasi rumahnya. Dalam
perjalanan bisnisnya, ia pun banyak mengalami rintangan termasuk
dengan munculnya dakwaan pelanggaran regulasi bisnis AS, seperti
memonopoli Internet Explorer pada sistem operasi Windows
• Bill Gates tidak putus asa. Ia terus mengembangkan piranti lunak
baru dengan pemasaran yang agresif, sehingga mampu
mendominasi dunia piranti lunak komputer dan internet
• Saat ini, Bill Gates menempati posisi sebagai Orang Terkaya No.2 di
dunia versi majalah Forbes. Sebelumnya, selama 13 tahun ia
menempati posisi pertama dalam orang terkaya di dunia versi
majalah Forbes
Mark Zuckerberg
•
Facebook diawali dari kreatifitas Mark Zuckerberg saat kuliah di
Harvard yang ingin membuat program untuk saling mengenal bagi
para mahasiswa Harvard
•
Facebook diluncurkan pada tanggal 4 Februari 2004. Dalam kurun
waktu 4 bulan semenjak diluncurkan, Facebook telah ekspansi
dengan memiliki 30 kampus dalam jaringannya
•
Pada tahun 2004, investor mulai mengajukan tawaran kepada Mark
untuk membeli Faceebook. Facebook pun menerima sokongan dana
dari berbagai investor untuk pengembangan Facebook
•
Hanya dalam waktu relatif singkat facebook menempati 5 top site
dunia. Lebih dari 25 juta user aktif menggunakan Facebook setiap
harinya
•
Di umur baru 26 tahun, kekayaan Mark Zuckerberg sudah mencapai
hingga US$ 3 miliar atau sekitar Rp 27,9 triliun
Agus Pramono
• Berawal dari pedagang kaki lima Agus Pramono atau yang akrab disapa
“Mas Mono” memulai karirnya di tahun 2000 hanya dengan sebuah
gerobak kecil dan 5 ekor ayam.
• Tidak pernah terpikir oleh Mas Mono untuk menjadi seorang pedagang.
Karena untuk memulai usaha tidak perlu banyak berpikir, apalagi
menghitung rugi laba. Yang terpenting adalah action.
• Seiring dengan perkembangannya, Ayam Bakar Mas Mono
dikembangkan dalam bentuk waralaba. Jumlah cabangnya terus
bertambah dan sudah mencapai 29 outlet yang tersebar di
Jabodetabek.
• Pengakuan kesuksesan Mas Mono:
Juara 1 di UKM Entrepreneur Award 2010.
Juara 1 Asia Pasifik Entrepreneur Award 2010.
Menerima Penghargaan dari Indonesia Small & Business
Entrepreneur Award sebagai “Kuliner Ayam Bakar Dengan
Manajemen Modern”
Menerima Penghargaan dari Asosiasi Franchise Indonesia sebagai
“Franchise Best Seller 2010 Kategori Bisnis Resto Ayam Bakar”
• Pada tahun 2012 ini, Mas Mono sudah memilki 1.020 karyawan dan
omzet melambung menjadi Rp 5 miliar per bulan.
Arti Ke pe m im pina n
“ Ke pe m im pina n a da la h se b ua h pro se s untuk m e ng a ra hka n, m e m im pin,
da n m e m pe ng a ruhi o ra ng - o ra ng da la m pe m iliha n da n pe nc a pa ia n
tujua n”
The o Ha ima n & Willia m G . Sc o tt
“ Effe c tive le a de rship is the a b ility to suc c e ssfully inte g ra te a nd m a xim ize
a va ila b le re so urc e s within the inte rna l a nd e xte rna l e nviro nm e nt fo r the
a tta inm e nt o f o rg a niza tio na l o r so c ie ta l g o a ls”
Ke n "SKC " O g b o nnia , Exe c utive Vic e Pre sid e nt o f First Te xa s Ene rg y C o rp o ra tio n
Pendekatan Kepemimpinan
Tra nsa c tio na l
Le a de r
Tra nsfo rm a tio na l
Le a de r
Entre pre ne uria l
Le a de r
Transactional vs.Transformational vs.
Entrepreneurial Leader
Transactional Leader
• Leader adapts to various
situations
• Focus is on the day-to-day
activities
• Development of tasks and
people behaviors
• Situational analysis decides
emphasis
Transformational Leader
•
•
•
•
•
•
•
•
•
Focus on the organization
Changing attitudes
Focus on change
Passion
A stake in the ground
Creative rearrangement
Committed investment
Symbolic communications
Long-term, stay the course
Entrepreneurial Leader
•
•
•
•
•
•
Focus on the opportunity
Finding like-minded people
Focus on building/creating
Passion
A moving stake
Creative
destruction/rearrangement
• Staged investment
• Intimate, personal
communications
• Medium term, exit strategy
Lead Like an Entrepreneur
“Leading like an entrepreneur
requires a different view of
leadership. It requires the
managers integrate both an
entrepreneurial mindset and
an entrepreneurial skills set
into their daily lives as
organizational leaders and
managers”
How to Lead Like an Entrepreneur??
Entrepreneurial Leader
fo kus a nta ra la in p a d a
up a ya
p ro d uk/ ja sa
ya ng
ino va tif, kre a tif d a n
Entre pre ne uria l
p e nc ip ta a n
Le a de r
m e m b e rika n nila i ta m b a h ( adde d value ).
Sa a t ini, te rja d i p e rg e se ra n p a ra d ig m a ko mp e tisi b isnis d a ri
m e mp ro d uksi “ se sua tu ya ng le b ih b a ik” ( b e tte r) me nja d i
m e m p ro d uksi “ se sua tu ya ng b e rb e da ” ( diffe re nt)*
*So urc e : Kno wle d g e & Inno va tio n, Zuha l, 2002
Mengapa Inovasi?
“ Eko siste m Ino va si da pa t m e m b e tikka n pe rc ika n ino va si g una
m e nja m in ke b e rha sila n ja ng ka pa nja ng ”
Pro f. Zuha l
“ Ino va si da pa t m e m b ua t se b ua h ke b e rha sila n so sia l da n
e ko no m i de ng a n dite m uka nnya se b ua h c a ra – c a ra b a ru
ko m b ina si b a ru
da ri c a ra – c a ra
m e ntra nsfo rm a si input m e nja di o utput ya ng
a ta u
se b ua h pe rub a ha n b e sa r a ta u dra stis”
Ava nti Mo nta na
la m a da la m
m e ng ha silka n
Ekosistem Inovasi
• Pe la ku b isnis d ituntut untuk se la lu
m e nyuntikka n kre a tivita s d a n ino va si ke
d a la m o p e ra sio na l p e rusa ha a n
• Ino va si b e rke m b a ng d a ri inte ra ksi
a nta ra tig a p e nd o ro ng p e rub a ha n
kre a tif ya ng sa ling m e m e ng a ruhi: rise t,
p e ng e m b a ng a n, d a n a p lika si
Pendanaan
Kepemimpinan
Pengembangan
Riset
• Ino va si d a p a t b e rke m b a ng d a la m
ling kung a n d i m a na dunia a ka de m is
se b a g a i p ro d use n kno wle d g e d a p a t
b e ke rja sa m a d e ng a n dunia usa ha
se b a g a i p e ng g una kno wle d g e d a n
pe m e rinta h se b a g a i p e rum us ke b ija ka n
*So urc e : Kno wle d g e & Inno va tio n, Zuha l, 2002
Aplikasi
Budaya
Kebijakan
Pendidikan
Prinsip – Prinsip Inovasi*
• Do what you love
Think differently about your career
• Put a dent in the universe
Think differently about your vision
• Kick start your brain
Think differently about how you think
• Sell dreams, not products
Think differently about your customers
* Te rinsp ira si o le h Ste ve Jo b s
Prinsip- Prinsip Inovasi* (Cont’d)
• Say No to 1,000 Things
Think differently about design
• Create Insanely Great Experiences
Think differently about your brand experience
• Master the Message
Think differently about your story
* Te rinsp ira si o le h Ste ve Jo b s
BLUE OCEAN STRATEGY
Ciptakan ruang pasar baru dan buat kompetisi
menjadi tidak relevan
Tiga konsep dasar dari Blue Ocean Strategy
• Value Innovation
• Tipping Point Leadership
• Fair Process
“Inovasi dan Tata Kelola yang Baik akan membawa
kepada Sustainable Competitiveness”
Reputasi
Kepercayaan
SUSTAINABLE
COMPETITIVENESS
Kredibilitas
Value Creation + Value Added
Tata Kelola
yang Baik
INOVASI
Overview
PT Bakrieland Development Tbk.
Organizational Structure
BAKRIELAND
INTEGRATED PROPERTY COMPANY
P R O P E R T Y
CITY PROPERTY
Revenue
EBITDA
: IDR 481 bn (35%)
: IDR 94 bn (23%)
LANDED RESIDENTIAL
Revenue
EBITDA
: IDR 403 bn (30%)
: IDR 174 bn (43%)
PT. Bakrie Swasakti Utama
69.62%
PT. Graha Andrasentra P.
99.78%
INVESTMENT
INVESTMENT
Wisma Bakrie 1
Jungle Water Park
Wisma Bakrie 2
Jungle Mall
Bakrie Tower *
Aston Bogor Hotel & Resort *
Lifestyle Center *
Aston Rasuna Residence *
Grove Condominium
Grove Suites
Wave Condominum
PT. Bakrie Pangripta Loka
99.99%
PROJECT
Sentra Timur Residence
Revenue
EBITDA
: IDR 399 bn (29%)
: IDR 93 bn (23%)
TOLL ROAD
Revenue
EBITDA
WATER TREATMENT & DIST.
: IDR 84 bn (6%)
: IDR 45bn (11%)
PT. Samudra Asia Nasional
99.78%
INVESTMENT
Revenue
EBITDA
: NA
: NA
PT. Bakrie Infrastructure
99.99%
Pullman Bali Legian Nirwana *
PT. Bakrie Toll Road
99.99%
PT. Aetra Air Jakarta
3.75%
PROJECT
INVESTMENT
INVESTMENT
Bogor Nirwana Residence
Pan Pacific Nirwana Bali
Resort
PT. Semesta Marga Raya
100%
PT. Dutaperkasa U.
64.86%
PT. Krakatau Lampung T. D.
90%
PROJECT
PROJECT
Rasuna Epicentrum:
HOTEL & RESORT
PT. Bali Nirwana Resort
52.55%
Pasar Festival
Elite Club Epicentrum
PROPERTY RELATED INFRASTRUCTURE
PROJECT
Ijen Nirwana Residence
PT. Mutiara Permata Biru
98.78%
PROJECT
Batam Nirwana Residence
PT. Bukit Jonggol Asri
37.88%
PROJECT
Bukit Jonggol
WT&D for East side of Jakarta
INVESTMENT
Kanci-Pejagan Toll Road
Travellers Krakatoa Nirwana
Resort
PT. Libratindo Gemilang
99.99%
PROJECT
* Partly retained
Lagoon Nirwana Residence
Revenue & EBITDA are based on 2010 results
PT. Berkah Puhu Lestari
99.99%
PROJECT
Ubud Nirwana Villas
PT. Fusion Plus Indonesia
50.00%
INVESTMENT
Lido Lakes Resort
51
BUSINESS MO DEL & STRATEG Y
BAKRIELAND
INTEGRATED PROPERTY COMPANY
P R O P E R T Y
SYNERGY
PROPERTY RELATED INFRASTRUCTURE
New regional development
Land acquisition expert
Integrated property expansion
Integrated water solution
Better margin and growth
Land acquisition acceleration
Traffic enhancement
A green operation
OPTIMAL
ECONOMIES
OF SCALE
VALUE CREATION TO STAKEHOLDERS
DEVELOPMENT
FOCUS
• Focusing on mid-to-mid-up Residential Development in prime
city locations
• Strengthening new project position by leveraging and
capitalizing on existing project branding
DEVELOPMENT
ACCELERATION
• Increasing development pace through strategic alliance (Joint
Operation and Joint Venture)
• Intensifying the use of Strata Title concept
EXCELLENT
DEVELOPMENT
• Offering high quality products and services
• On time delivery as planned
• High yield property investment
Bakrieland’s Strengths
MARKET
LARGEST
Jakarta CBD
Developer (1)
STRONG
Revenue growth
(6)
GOOD
Track Record (11)
LEADER
LARGEST
Development
Area in
Jakarta CBD (2)
LARGEST
Land Bank
in
Jakarta CBD (3)
One of LARGEST
Market cap.
of All Property
Stocks in IDX (4)
LARGEST
Trading Value
of All Property
Stocks in IDX (5)
SOLID
Balance sheet (7)
DIVERSIFIED
Portfolio (8)
DIVERSIFIED
Locations (9)
QUALITY
Products (10)
FOCUSED
Segment (12)
COMPLETE
Amenities (13)
STRONG
Partner (14)
1.
Commands virtually 1/3 of total apartment supply in Jakarta CBD
2.
Commands 53.5 Ha of land in Jakarta prime CBD
3.
16.3 Ha of land in Jakarta prime CBD
4.
One of the largest market cap of all property stocks on the IDX, US$ 844 million @ 15 October 2010
5.
The most liquid property stock on the IDX. Average daily trading value in 2009 IDR 66 billion/US$ 7 million
6.
The CAGR of revenues in the last 5-year is 43.5% and will continue to grow strongly
7.
DER 67.4% and net gearing 54.7% (excluding ELB) @ 30 June 2010
8.
House, apartment, office, hotel, retail center, infrastructure
9.
Jakarta, Bogor, Bali, Malang, Lampung, Batam
10.
The 2nd best mid apartment in Jakarta, independent survey by PSIP, 2007
11.
Experience 20 years
12.
Mid-to-mid-up segment
13.
Most complete Superblock in Jakarta at 2008 Indonesia Property & Bank Award
14.
Limitless and Perumnas (State housing company)
15.
Bakrie Group and Avenue Capital Group
STRONG
Shareholders
(15)
Terima Kasih
hiramsyah@bakrieland.com
@hiramsyah_thaib
@BLDGoes2Campus
for Sustainable Business ”
Hiramsyah S. Thaib
Presiden Direktur & CEO
PT Bakrieland Development Tbk.
Universitas Bakrie
Jakarta, 10 April 2012
Who Thinks Big??
Bill Gates
• Saat masih kuliah di Harvard, rasa keingintahuan dan kemampuan
melihat potensi pasar (visioner) membuat Bill Gates tergerak untuk
menciptakan program piranti lunak Microsoft di tahun 1975
• Bill Gates mengawali bisnis Microsoft dari garasi rumahnya. Dalam
perjalanan bisnisnya, ia pun banyak mengalami rintangan termasuk
dengan munculnya dakwaan pelanggaran regulasi bisnis AS, seperti
memonopoli Internet Explorer pada sistem operasi Windows
• Bill Gates tidak putus asa. Ia terus mengembangkan piranti lunak
baru dengan pemasaran yang agresif, sehingga mampu
mendominasi dunia piranti lunak komputer dan internet
• Saat ini, Bill Gates menempati posisi sebagai Orang Terkaya No.2 di
dunia versi majalah Forbes. Sebelumnya, selama 13 tahun ia
menempati posisi pertama dalam orang terkaya di dunia versi
majalah Forbes
Mark Zuckerberg
•
Facebook diawali dari kreatifitas Mark Zuckerberg saat kuliah di
Harvard yang ingin membuat program untuk saling mengenal bagi
para mahasiswa Harvard
•
Facebook diluncurkan pada tanggal 4 Februari 2004. Dalam kurun
waktu 4 bulan semenjak diluncurkan, Facebook telah ekspansi
dengan memiliki 30 kampus dalam jaringannya
•
Pada tahun 2004, investor mulai mengajukan tawaran kepada Mark
untuk membeli Faceebook. Facebook pun menerima sokongan dana
dari berbagai investor untuk pengembangan Facebook
•
Hanya dalam waktu relatif singkat facebook menempati 5 top site
dunia. Lebih dari 25 juta user aktif menggunakan Facebook setiap
harinya
•
Di umur baru 26 tahun, kekayaan Mark Zuckerberg sudah mencapai
hingga US$ 3 miliar atau sekitar Rp 27,9 triliun
Agus Pramono
• Berawal dari pedagang kaki lima Agus Pramono atau yang akrab disapa
“Mas Mono” memulai karirnya di tahun 2000 hanya dengan sebuah
gerobak kecil dan 5 ekor ayam.
• Tidak pernah terpikir oleh Mas Mono untuk menjadi seorang pedagang.
Karena untuk memulai usaha tidak perlu banyak berpikir, apalagi
menghitung rugi laba. Yang terpenting adalah action.
• Seiring dengan perkembangannya, Ayam Bakar Mas Mono
dikembangkan dalam bentuk waralaba. Jumlah cabangnya terus
bertambah dan sudah mencapai 29 outlet yang tersebar di
Jabodetabek.
• Pengakuan kesuksesan Mas Mono:
Juara 1 di UKM Entrepreneur Award 2010.
Juara 1 Asia Pasifik Entrepreneur Award 2010.
Menerima Penghargaan dari Indonesia Small & Business
Entrepreneur Award sebagai “Kuliner Ayam Bakar Dengan
Manajemen Modern”
Menerima Penghargaan dari Asosiasi Franchise Indonesia sebagai
“Franchise Best Seller 2010 Kategori Bisnis Resto Ayam Bakar”
• Pada tahun 2012 ini, Mas Mono sudah memilki 1.020 karyawan dan
omzet melambung menjadi Rp 5 miliar per bulan.
Arti Ke pe m im pina n
“ Ke pe m im pina n a da la h se b ua h pro se s untuk m e ng a ra hka n, m e m im pin,
da n m e m pe ng a ruhi o ra ng - o ra ng da la m pe m iliha n da n pe nc a pa ia n
tujua n”
The o Ha ima n & Willia m G . Sc o tt
“ Effe c tive le a de rship is the a b ility to suc c e ssfully inte g ra te a nd m a xim ize
a va ila b le re so urc e s within the inte rna l a nd e xte rna l e nviro nm e nt fo r the
a tta inm e nt o f o rg a niza tio na l o r so c ie ta l g o a ls”
Ke n "SKC " O g b o nnia , Exe c utive Vic e Pre sid e nt o f First Te xa s Ene rg y C o rp o ra tio n
Pendekatan Kepemimpinan
Tra nsa c tio na l
Le a de r
Tra nsfo rm a tio na l
Le a de r
Entre pre ne uria l
Le a de r
Transactional vs.Transformational vs.
Entrepreneurial Leader
Transactional Leader
• Leader adapts to various
situations
• Focus is on the day-to-day
activities
• Development of tasks and
people behaviors
• Situational analysis decides
emphasis
Transformational Leader
•
•
•
•
•
•
•
•
•
Focus on the organization
Changing attitudes
Focus on change
Passion
A stake in the ground
Creative rearrangement
Committed investment
Symbolic communications
Long-term, stay the course
Entrepreneurial Leader
•
•
•
•
•
•
Focus on the opportunity
Finding like-minded people
Focus on building/creating
Passion
A moving stake
Creative
destruction/rearrangement
• Staged investment
• Intimate, personal
communications
• Medium term, exit strategy
Lead Like an Entrepreneur
“Leading like an entrepreneur
requires a different view of
leadership. It requires the
managers integrate both an
entrepreneurial mindset and
an entrepreneurial skills set
into their daily lives as
organizational leaders and
managers”
How to Lead Like an Entrepreneur??
Entrepreneurial Leader
fo kus a nta ra la in p a d a
up a ya
p ro d uk/ ja sa
ya ng
ino va tif, kre a tif d a n
Entre pre ne uria l
p e nc ip ta a n
Le a de r
m e m b e rika n nila i ta m b a h ( adde d value ).
Sa a t ini, te rja d i p e rg e se ra n p a ra d ig m a ko mp e tisi b isnis d a ri
m e mp ro d uksi “ se sua tu ya ng le b ih b a ik” ( b e tte r) me nja d i
m e m p ro d uksi “ se sua tu ya ng b e rb e da ” ( diffe re nt)*
*So urc e : Kno wle d g e & Inno va tio n, Zuha l, 2002
Mengapa Inovasi?
“ Eko siste m Ino va si da pa t m e m b e tikka n pe rc ika n ino va si g una
m e nja m in ke b e rha sila n ja ng ka pa nja ng ”
Pro f. Zuha l
“ Ino va si da pa t m e m b ua t se b ua h ke b e rha sila n so sia l da n
e ko no m i de ng a n dite m uka nnya se b ua h c a ra – c a ra b a ru
ko m b ina si b a ru
da ri c a ra – c a ra
m e ntra nsfo rm a si input m e nja di o utput ya ng
a ta u
se b ua h pe rub a ha n b e sa r a ta u dra stis”
Ava nti Mo nta na
la m a da la m
m e ng ha silka n
Ekosistem Inovasi
• Pe la ku b isnis d ituntut untuk se la lu
m e nyuntikka n kre a tivita s d a n ino va si ke
d a la m o p e ra sio na l p e rusa ha a n
• Ino va si b e rke m b a ng d a ri inte ra ksi
a nta ra tig a p e nd o ro ng p e rub a ha n
kre a tif ya ng sa ling m e m e ng a ruhi: rise t,
p e ng e m b a ng a n, d a n a p lika si
Pendanaan
Kepemimpinan
Pengembangan
Riset
• Ino va si d a p a t b e rke m b a ng d a la m
ling kung a n d i m a na dunia a ka de m is
se b a g a i p ro d use n kno wle d g e d a p a t
b e ke rja sa m a d e ng a n dunia usa ha
se b a g a i p e ng g una kno wle d g e d a n
pe m e rinta h se b a g a i p e rum us ke b ija ka n
*So urc e : Kno wle d g e & Inno va tio n, Zuha l, 2002
Aplikasi
Budaya
Kebijakan
Pendidikan
Prinsip – Prinsip Inovasi*
• Do what you love
Think differently about your career
• Put a dent in the universe
Think differently about your vision
• Kick start your brain
Think differently about how you think
• Sell dreams, not products
Think differently about your customers
* Te rinsp ira si o le h Ste ve Jo b s
Prinsip- Prinsip Inovasi* (Cont’d)
• Say No to 1,000 Things
Think differently about design
• Create Insanely Great Experiences
Think differently about your brand experience
• Master the Message
Think differently about your story
* Te rinsp ira si o le h Ste ve Jo b s
BLUE OCEAN STRATEGY
Ciptakan ruang pasar baru dan buat kompetisi
menjadi tidak relevan
Tiga konsep dasar dari Blue Ocean Strategy
• Value Innovation
• Tipping Point Leadership
• Fair Process
“Inovasi dan Tata Kelola yang Baik akan membawa
kepada Sustainable Competitiveness”
Reputasi
Kepercayaan
SUSTAINABLE
COMPETITIVENESS
Kredibilitas
Value Creation + Value Added
Tata Kelola
yang Baik
INOVASI
Overview
PT Bakrieland Development Tbk.
Organizational Structure
BAKRIELAND
INTEGRATED PROPERTY COMPANY
P R O P E R T Y
CITY PROPERTY
Revenue
EBITDA
: IDR 481 bn (35%)
: IDR 94 bn (23%)
LANDED RESIDENTIAL
Revenue
EBITDA
: IDR 403 bn (30%)
: IDR 174 bn (43%)
PT. Bakrie Swasakti Utama
69.62%
PT. Graha Andrasentra P.
99.78%
INVESTMENT
INVESTMENT
Wisma Bakrie 1
Jungle Water Park
Wisma Bakrie 2
Jungle Mall
Bakrie Tower *
Aston Bogor Hotel & Resort *
Lifestyle Center *
Aston Rasuna Residence *
Grove Condominium
Grove Suites
Wave Condominum
PT. Bakrie Pangripta Loka
99.99%
PROJECT
Sentra Timur Residence
Revenue
EBITDA
: IDR 399 bn (29%)
: IDR 93 bn (23%)
TOLL ROAD
Revenue
EBITDA
WATER TREATMENT & DIST.
: IDR 84 bn (6%)
: IDR 45bn (11%)
PT. Samudra Asia Nasional
99.78%
INVESTMENT
Revenue
EBITDA
: NA
: NA
PT. Bakrie Infrastructure
99.99%
Pullman Bali Legian Nirwana *
PT. Bakrie Toll Road
99.99%
PT. Aetra Air Jakarta
3.75%
PROJECT
INVESTMENT
INVESTMENT
Bogor Nirwana Residence
Pan Pacific Nirwana Bali
Resort
PT. Semesta Marga Raya
100%
PT. Dutaperkasa U.
64.86%
PT. Krakatau Lampung T. D.
90%
PROJECT
PROJECT
Rasuna Epicentrum:
HOTEL & RESORT
PT. Bali Nirwana Resort
52.55%
Pasar Festival
Elite Club Epicentrum
PROPERTY RELATED INFRASTRUCTURE
PROJECT
Ijen Nirwana Residence
PT. Mutiara Permata Biru
98.78%
PROJECT
Batam Nirwana Residence
PT. Bukit Jonggol Asri
37.88%
PROJECT
Bukit Jonggol
WT&D for East side of Jakarta
INVESTMENT
Kanci-Pejagan Toll Road
Travellers Krakatoa Nirwana
Resort
PT. Libratindo Gemilang
99.99%
PROJECT
* Partly retained
Lagoon Nirwana Residence
Revenue & EBITDA are based on 2010 results
PT. Berkah Puhu Lestari
99.99%
PROJECT
Ubud Nirwana Villas
PT. Fusion Plus Indonesia
50.00%
INVESTMENT
Lido Lakes Resort
51
BUSINESS MO DEL & STRATEG Y
BAKRIELAND
INTEGRATED PROPERTY COMPANY
P R O P E R T Y
SYNERGY
PROPERTY RELATED INFRASTRUCTURE
New regional development
Land acquisition expert
Integrated property expansion
Integrated water solution
Better margin and growth
Land acquisition acceleration
Traffic enhancement
A green operation
OPTIMAL
ECONOMIES
OF SCALE
VALUE CREATION TO STAKEHOLDERS
DEVELOPMENT
FOCUS
• Focusing on mid-to-mid-up Residential Development in prime
city locations
• Strengthening new project position by leveraging and
capitalizing on existing project branding
DEVELOPMENT
ACCELERATION
• Increasing development pace through strategic alliance (Joint
Operation and Joint Venture)
• Intensifying the use of Strata Title concept
EXCELLENT
DEVELOPMENT
• Offering high quality products and services
• On time delivery as planned
• High yield property investment
Bakrieland’s Strengths
MARKET
LARGEST
Jakarta CBD
Developer (1)
STRONG
Revenue growth
(6)
GOOD
Track Record (11)
LEADER
LARGEST
Development
Area in
Jakarta CBD (2)
LARGEST
Land Bank
in
Jakarta CBD (3)
One of LARGEST
Market cap.
of All Property
Stocks in IDX (4)
LARGEST
Trading Value
of All Property
Stocks in IDX (5)
SOLID
Balance sheet (7)
DIVERSIFIED
Portfolio (8)
DIVERSIFIED
Locations (9)
QUALITY
Products (10)
FOCUSED
Segment (12)
COMPLETE
Amenities (13)
STRONG
Partner (14)
1.
Commands virtually 1/3 of total apartment supply in Jakarta CBD
2.
Commands 53.5 Ha of land in Jakarta prime CBD
3.
16.3 Ha of land in Jakarta prime CBD
4.
One of the largest market cap of all property stocks on the IDX, US$ 844 million @ 15 October 2010
5.
The most liquid property stock on the IDX. Average daily trading value in 2009 IDR 66 billion/US$ 7 million
6.
The CAGR of revenues in the last 5-year is 43.5% and will continue to grow strongly
7.
DER 67.4% and net gearing 54.7% (excluding ELB) @ 30 June 2010
8.
House, apartment, office, hotel, retail center, infrastructure
9.
Jakarta, Bogor, Bali, Malang, Lampung, Batam
10.
The 2nd best mid apartment in Jakarta, independent survey by PSIP, 2007
11.
Experience 20 years
12.
Mid-to-mid-up segment
13.
Most complete Superblock in Jakarta at 2008 Indonesia Property & Bank Award
14.
Limitless and Perumnas (State housing company)
15.
Bakrie Group and Avenue Capital Group
STRONG
Shareholders
(15)
Terima Kasih
hiramsyah@bakrieland.com
@hiramsyah_thaib
@BLDGoes2Campus