DMS Propertindo Expands Hospitality Portfolio with Bali Villa Acquisition

Strategic Move to Boost Recurring Income

PT DMS Propertindo Tbk (KOTA) has made a significant strategic acquisition in Bali's competitive hospitality market, purchasing The Leaf Jimbaran villa for Rp 200 billion. This premium property acquisition is part of the company's broader strategy to strengthen its recurring income stream as Indonesia's tourism sector continues its recovery.

Property Details and Development Plans

The acquired property, The Leaf Jimbaran, is an exclusive villa located in Jimbaran, Bali. The asset spans 11,700 square meters of land and features 4,943 square meters of building area. Following the acquisition, DMS Propertindo plans to rebrand the property as The Leaf Indies Jimbaran, maintaining its premium positioning in the luxury hospitality segment.

Financial Structure of the Acquisition

The Rp 200 billion acquisition is being financed through a combination of internal group funding and bank debt facilities. According to Mohamad Prapanca, President Director of DMS Propertindo, this financial structure allows the company to maintain a balanced approach to capital management while executing its growth strategy.

Market Context and Future Prospects

This acquisition comes at a strategic time as Indonesia's tourism industry shows signs of recovery. The move is expected to enhance DMS Propertindo's market position in the hospitality sector while contributing to the company's long-term revenue stability. The company's ability to identify and capitalize on strategic opportunities in prime locations demonstrates its commitment to creating value for shareholders and stakeholders alike.