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PT Bukit Uluwatu Villa Tbk (BUVA) has completed the acquisition of PT Bukit Permai Properti from PT Summarecon Agung Tbk (SMRA) for Rp536.28 billion. The acquisition, finalized on November 28, 2025, is part of BUVA's strategic plan to strengthen its portfolio in hospitality and premium property segments. The acquired company's land is located adjacent to BUVA's flagship property, Alila Villa Uluwatu.
PT Bukit Uluwatu Villa Tbk (BUVA), a company affiliated with entrepreneur Happy Hapsoro, has successfully completed the acquisition of PT Bukit Permai Properti from PT Summarecon Agung Tbk (SMRA). The transaction, valued at Rp536.28 billion, was finalized on November 28, 2025. BUVA CEO Satrio stated that this acquisition aligns with the company's long-term strategic plans to enhance its presence in the hospitality and premium property sectors.
The acquired entity, PT Bukit Permai Properti, is a real estate company whose land is strategically located adjacent to Alila Villa Uluwatu, one of BUVA's flagship properties. This proximity is expected to create synergies and enhance BUVA's competitive position in the luxury property market. The acquisition demonstrates BUVA's commitment to expanding its portfolio through strategic corporate actions.
Acquisition of PT Bukit Permai Properti
Rp536.28 Billion Transaction