Key insights and market outlook
PT Bukit Uluwatu Villa Tbk (BUVA) has completed the acquisition of PT Bukit Permai Properti, a subsidiary of PT Summarecon Agung Tbk (SMRA), in a Rp 536.28 billion deal finalized on November 28, 2025. The acquisition is part of BUVA's strategic plan to strengthen its portfolio in hospitality and premium property sectors. The acquired assets are located next to Alila Villa Uluwatu, one of BUVA's flagship properties.
PT Bukit Uluwatu Villa Tbk (BUVA), a company affiliated with entrepreneur Happy Hapsoro, has successfully completed the acquisition of PT Bukit Permai Properti, a subsidiary of PT Summarecon Agung Tbk (SMRA) 1
BUVA's CEO, Satrio, stated that the acquisition of PT Bukit Permai Properti aligns with the company's long-term strategic plans. The move is designed to enhance and expand BUVA's presence in the hospitality, premium property, and tourism sectors 1
The acquisition of PT Bukit Permai Properti, a real estate company, is expected to bolster BUVA's portfolio with additional land assets. This strategic move is likely to create synergies with BUVA's existing operations, particularly with the Alila Villa Uluwatu property 3
This acquisition demonstrates BUVA's commitment to expanding its presence in the premium property market. The company's affiliation with Happy Hapsoro and its existing portfolio positions it for continued growth in the Indonesian property sector.
Rp 536.28 Billion Asset Acquisition
Strategic Portfolio Expansion