CentralPlaza Archives - Inside Retail Asia
Central Department Store Group will spend THB350 million to rebrand its stores during Central Group’s 70th anniversary.
As Thailand’s big retailers resume their expansion plans, developments take on a fresh approach.
Property and retail developer Central Pattana (CPN) plans to use land near its shopping malls in Thailand to develop residential projects.
Central Pattana is to build a new CentralPlaza mall in Nakhon Si Thammarat, Thailand. The company has earmarked 3.5 billion baht ($109.5 million) to build a 150,000 sqm shopping mall in the city, its fourth in southern Thailand after Hat Yai, Surat Thani and Koh Samui; its 30th in the country. The CentralPlaza will be home to 250 shops and is expected to provide more than 1000 jobs. The construction will start in September with the opening slated for the second quarter of 2016. Walla…
Thai mall developer Central Pattana plans to splurge on Southeast Asian expansions. Central Pattana says an investment worth 15 billion baht (US$468 million) will be spent on three new shopping malls in Malaysia, Indonesia and Vietnam within the next five years. “We see growth opportunities to invest in Southeast Asia as it become a single market,” said senior EVP for business development Wallaya Chirathivat. Meanwhile, its home market will get three to five new malls a year with an inv…
Thai retail property developer plans investing in Vietnam, Malaysia and Indonesia.