PT Heburinas Nusantara HBN (formerly in association with CB Richard Ellis) was established in 1984 and previously one of the registered valuation and advisory companies registered in the Ministry of Finance, Securities Exchange Commission (and the Central Bank (Bank Indonesia) To comply with the MOF Decree in 2008, it has now been transformed into an asset management company which provides advisory in property disposal & acquisition, research & consulting, as well as training & workshops. - October 1984 PT HbN was established as registered valuation company. - January 1996 PT HbN was reestablished under new shareholders and management. - March 1999 PT HbN was formally affiliated with CB Richard Ellis, an international integrated property services company. - In December 2008 KJPP Rengganis, Hamid partners (Kantor Jasa Penilai Publik a valuation firm) is formed as the valuation and advisory services arm to comply with the MOF regulation (No 125 /PMK 01 2008 dated 3 September 2008. - January 2010 PT HBN is managed under new management to continue its business in consulting advisory services.