Schindler Awarded Indonesian Mixed-Use Shopping Mall Contract

HONG KONG,Aug. 21,2018 -- Schindler has been awarded contracts by Indonesian mixed-use owner-operator,PT Trans Property and PT Trans Retail Indonesia. The large-scale development will comprise four separate contracts to drive its one-stop living concept.

Transpark Cibubur -- Depok,Indonesia

The four projects --Transpark Cibubur,Transpark Bekasi,Transpark Bintaro,and Trans Studio Bali--will consist of 207 sold units,including lifts,escalators and moving-walks.

The Transpark project isnotable for its sheer dynamism and scale. Transpark aims to reinvent the traditional shopping experience by breaking the mold of the typical retail mall and creating a 4-in-1 stop living concept. The development comprises of dining and commercial areas,residential,hotel,and entertainment (theme-park) with ample access to public transportation.

Schindler was selected on the back of Schindler's long-standing commitment to quality and a sustained partnership with Trans Property and Trans Retail in Indonesia. Rigorous universal standards of safety through its entire life cycle-- from production,through installation,and maintenance-- is a mainstay feature of every Schindler unit,along with ever-greater improvements in energy efficiency,and economical space savings.

Mr. Shafie Shamsuddin,President Director and CEO of PT Trans Retail Indonesia expressed pleasure in having Schindler's professional involvement in yet another project,based on the trusted relationship between the two companies.

"Schindler has been a partner to Trans Retail Indonesia serving the elevators and escalators. We look forward to inviting our patrons to explore these vast and multi-featured superstores through the reliable support of Schindler's mobility equipment," said Shamsuddin.

"We are pleased to solidify our partnership through these latest projects with Trans Property and Trans Retail Indonesia. In collaboration,we are creating a modern lifestyle experience that expands throughout the Transpark developments and Indonesia," said Mr. Thibaut Le Chatelier,President Director of PT Berca Schindler Lifts.

About Schindler

Founded inSwitzerlandin 1874,the Schindler Group is a leading global provider of elevators,escalators and related services. Schindler mobility solutions move more than one billion people every day all over the world. Behind the company's success are over 60,000 employees in more than 100 countries.

About PT. Berca Schindler Lifts

PT. Berca Schindler Lifts (BSL) was established in 2000 as a joint venture between Central Cipta Murdaya Group and Jardine Schindler Group. BSL is headquartered in Jakarta and designs,engineers,installs,maintains and modernizes elevators,escalators and moving-walks throughout Indonesia.

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