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Central Pattana Public Company Limited ( th, เซ็นทรัลพัฒนา จำกัด (มหาชน), ) is Thailand's largest retail property development and investment company. It is a business unit under its parent, the Central Group. Central Pattana was founded as Central Plaza Co., Ltd. on 17 June 1980 with registered capital of 300 million baht by Central Group, the Tejapaibul family, Saha Union Group, and minor shareholders. The company was registered as a public limited company in 1994 and was listed on the Stock Exchange of Thailand (SET) on 1 March 1995. Ms. Wallaya Chirathivat is president and CEO.


Properties

Central Pattana currently operates 36 shopping centers, with a total leasable area of 1.9 million m2 (15 projects in Bangkok and perimeter, 20 projects in provincial Thailand and 1 project in Malaysia), a super-regional mall under a joint-venture and 18 community malls. In addition, the company operates 32 food courts, 10 office buildings, 2 hotels, 22 residential projects. Central Village, the first luxury outlet in Thailand, opened on August 31, 2019 and is located near Suvarnabhumi Airport and is 30-45 minutes from Bangkok CBD. It is a joint venture between Central Pattana Plc. and Mitsubishi Estate (Thailand) Co. Ltd., a subsidiary of global real estate Mitsubishi Estate Co. Ltd. Central i-City, in Shah Alam, Selangor, Malaysia, is Central Pattana’s first overseas full-scaled Thai shopping center in Malaysia. This underscores Central Pattana as a leader by creating a ‘New Shopping Experience’ and a ‘Center of Life’ in the ASEAN region. This is a joint-venture project between Central Pattana and i-Berhad (the owner of i-City project). The project is located within i-City Ultrapolis, a grand lifestyle hub in Shah Alam.


Retail-Led Mixed-Used Development

All elements of Central Pattana, including shopping centers, residential projects, office buildings and hotels, will join forces to deliver a seamless experience. In the next five years or in 2022-2026, the company will have 50 shopping centers in Thailand and overseas, 16 community malls (under the feasibility study), 68 residential projects, 13 office buildings, and 37 hotels, spanning across over 30 provinces and overseas. More than half of these are parts of mixed-use development projects, of which the shopping centers will be the key component while consistently expanding other businesses, as well.


Business Direction

Central Pattana's business direction for 2022 is to continue opening new projects as planned, including Central Chanthaburi, which is scheduled to open in the second quarter of the year, and Central WestVille, which is scheduled to open in the fourth quarter of 2023. The enhancement projects for centralwOrld, Central Rama 2, and Central Ramintra to name a few, and expansion into mixed-use development projects, such as offices, hotels and residential development. In addition, Dusit Central Park, which is a co-development project between Central Pattana and Dusit Thani plc, will gradually welcome customers from 2023-2024 onwards.


Gallery

File:Refurbished CentralPlaza Ladprao.jpg,
CentralPlaza Ladprao Central Ladprao Thailand's first integrated shopping complex, CentralPlaza Lat Phrao ( th, เซ็นทรัล ลาดพร้าว) (previously known as CentralPlaza Lardprao) is a shopping complex, owned by Central Pattana. The comple ...
, CPN's first one stop service shopping mall File:CentralWorld-2013.jpg,
CentralWorld CentralWorld ( th, เซ็นทรัลเวิลด์, styled as centralwOrld) is a shopping plaza and complex in Bangkok, Thailand. It is the ninth largest shopping complex in the world. The complex, which includes a hotel and office t ...
, the first super-regional mall in Bangkok. File:Centralbangna2.jpg,
CentralPlaza Bangna Central Bangna, also known as Central City Bangna (previously known as CentralPlaza Bangna) is a shopping centre on Bang Na–Trat Road located in Bang Na District in Bangkok, Thailand. History The shopping mall was developed with joint investm ...
(1993-2015) CentralPlaza Grand Rama IX - Entrance.jpg,
CentralPlaza Grand Rama IX Central Rama 9 (previously known as CentralPlaza Grand Rama 9) is a shopping mall on Rama IX Road in Huai Khwang District, Bangkok. and Opposite Tesco Lotus and Fortune Town Rama IX Overview The shopping mall has a total of 9 storeys including 2 ...
File:Central Pinklao.jpg, Old façade, CentralPlaza Pinklao (1995-2010) File:Maga Bangna 26-8-2017.jpg, Mega Bangna File:Esplanade Cineplex.jpg, The Esplanade Ratchadapisek, second CPN shopping mall in Bangkok new Ratchada-Rama 9 CBD


References


External links

* * * * {{Dead link, date=November 2019 , bot=InternetArchiveBot , fix-attempted=yes Central Group Real estate companies established in 1980 Retail companies established in 1980 Companies listed on the Stock Exchange of Thailand 1980 establishments in Thailand