Ascarya

A New Way to Invest in Future Development

PORTFOLIOMARKETPLACE

9/26/20252 min read

Company Overview

Ascarya is a property development and investment house that unites architecture, construction, and finance into one powerful vision. We create landmark projects that redefine skylines, unlock economic potential, and set new standards for innovation in Indonesia and beyond. Founded with a belief that architecture and finance must evolve together, Ascarya operates at the intersection of design and investment. From residential communities and luxury resorts to financial hubs and urban megaprojects, we build with precision, creativity, and responsibility. Our work is guided by Indonesia’s dynamic growth and powered by global standards of excellence.

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Milestones

Founded in 2025

Pre-Seed in 2025

Team

Made Subagia Pande

Partners

Diemas Hawkins

Fund

Heritage Fund I - Early Stage Fund (HESF I 2025)

green plants on white concrete fence
green plants on white concrete fence
areal photography of brown building
areal photography of brown building

Jobs

No vacancies available.

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Why we invested
  • High-Growth Market Position: Ascarya is strategically focused on Indonesia’s emerging high-growth regions, aligning with Geovest’s mandate to unlock value in frontier and developing markets.

  • Diversified Business Model: Combining property development, architecture & construction, and investment management provides multiple revenue streams and resilience across cycles.

  • Strong Leadership: Visionary direction under Made Subagia Pande, supported by a multidisciplinary team blending finance, engineering, and design expertise.

  • Innovation in Real Estate Finance: Early adoption of Web3, blockchain tokenization, and asset-backed securities positions Ascarya at the forefront of real estate investment innovation.

  • Sustainability & ESG Alignment: Commitment to eco-conscious design, renewable materials, and long-term community impact fits Geovest’s focus on responsible and regenerative investment.

  • Pipeline Strength: A robust portfolio of landmark projects with significant Gross Development Value (GDV) potential ensures attractive returns and long-term scalability.

  • Risk-Adjusted Returns: Track record and projections demonstrate competitive IRR and ROI, backed by disciplined capital deployment and prudent leverage strategies.

  • Cultural & Global Balance: Ability to merge Indonesian heritage with global standards in architecture and finance enhances both local acceptance and international investor appeal.

Investing in Sustainability

Each company we invest in are obligated to set contribution goals to the United Nations Sustainable Development Goals.

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