Central Pattana Group
Central Pattana Group (CPN)
Thailand’s No.1 shopping center and retail developer
Established on 17 June 1980 to develop global standards shopping centers and creating new experiences for the modern lifestyle. CPN is Thailand’s leader in retail development sector with the biggest share of retail market and with a net leasable area (NLA) of over 1.4 million sq.m. under the management of CPN and its subsidiaries. The company has been listed on the Stock Exchange of Thailand (SET) since 1 March 1995 and being the first and only Thai company in the real estate sector that has been selected as an index component of 2014 Dow Jones Sustainability Indices Emerging Markets (DJSI Emerging Markets) in September 2014.
The main business is Shopping Center Development, which generates over 85% of the total revenue. CPN is Thailand’s leader in the retail property management sector with the largest net leasable area (NLA) of over 1.7million sq.m. in Thailand. CPN currently manages 32 Shopping Centers under 4 brands; CentralWorld, CentralPlaza, CentralFestival, and Central Phuket.
The largest lifestyle shopping destination in Bangkok.
Thailand’s most favorite shopping center chain.
Lifestyle shopping complexes in major tourist destinations.
The upcoming projects under construction and expected to launch within 2018-2019, namely Central Village, CentralPlaza Ayutthaya and Central i-City, CPN’s first oversea project in Shah Alam, Selangor Darul Ehsan, Malaysia under the joint venture arrangement with local partner, I-Berhad in which CPN holds a 60% stake and I-Berhad holds 40%.
Besides core business which is shopping center development, CPN also operates 28 food centers and other complementary mixed-use projects to add value to its shopping centers, comprise of 7 office buildings, 2 hotels (Hilton Pattaya and Centara Udonthani), 1 residential building (Central City Residence) and residential projects development which are 6 condominiums under the brand ESCENT and ESCENT VILLE on the same land area as its shopping malls namely ESCENT Khonkaen, ESCENT Nakhon Ratchasima, ESCENT Rayong, ESCENT Chiangmai, ESCENT Ville Chiangmai and ESCENT Ville Chiang Rai.