Company Overview

KJPP Rengganis, Hamid & Rekan (KJPP RHR) was established in 2008 to provide independent valuation and advisory services. The transformation from a corporation (previously PT Heburinas Nusantara in association with CBRE) to a partnership (KJPP RHR) is to comply with the Ministry of Finance (MOF) regulation No. 125/PMK.01/2008. The firm has all the track record of PT HBN (est. in 1984) and has been registered in the MOF, Otoritas Jasa Keuangan (Financial Services Authority –  OJK) and all major government and private banks. Since 1 March 2011, KJPP RHR have ‘strategic alliance’ with CBRE to conduct valuation and advisory services in Indonesia.

Partners have licenses in property and business valuation, and currently there are 24 public valuers (licensed in MOF) and 100+ registered valuers in MAPPI (Indonesian Society of Appraisers). Over the years, KJPP RHR also established ten branches in Indonesia, including in Surabaya, Bali, Medan, Makassar, Yogyakarta, Semarang, Jakarta, Batam, Mataram, and Bandung.

Strategic Alliance with CBRE Group, Inc.

CBRE Group, Inc. is the world’s largest commercial real estate services and investment firm, with 2022 revenues of $30.8 billion and more than 100,000 employees (excluding affiliate offices). CBRE has been included on the Fortune 500 since 2008, ranking #135 in 2022. It also has been voted the industry’s top brand by the Lipsey Company for 19 consecutive years, and has been named one of Fortune’s “Most Admired Companies” for 13 years in a row, including being ranked number one in the real estate sector in 2023. Its shares trade on the New York Stock Exchange under the symbol “CBRE.”

CBRE provides services for real estate including facilities management, project management, transaction (both property sales and leasing) and consulting services, capital markets (property sales, mortgage origination, sales and servicing), leasing, investment management, property management, valuation and development services.

CBRE has clients in 100+ countries, including over 95% of the Fortune 100, 500+ Offices, 115K People.

Our Mission

KJPP RHR aims to become a GREAT professional service organization with focus on consulting, valuation, and advisory services.

Our Vision

To become a professional service organization who dedicates itself to provide high quality consulting, valuation, and advisory works. KJPP RHR also aims to help our clients in getting reliable opinions supported by comprehensive and credible research

How can we help you?

Contact us at the KJPP RHR office nearest to you or submit a business inquiry online.

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