PT Citra Putra Realty Tbk (“The Entity”) was established based on Notarial Deed of Herlina Pakpahan, S.H., No. 09 dated December 16, 2009. The majority shareholders (parent entity) of the Entity are PT Citra Putra Mandiri or better known as the OSO Group.

The Entity engaged in property and hotel. The company's first project was to build The Stones Entertainment Center in Legian Bali in 2009, which was then followed by the construction of The Stones Hotel Legian Bali which was opened late in 2012 and managed under the auspices of the leading brand Autograph Collection by Marriott International. In mid-2012, Clay Hotel Jakarta was completed and started operating.