Central Pattana
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Type | Public |
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SET: CPN | |
Industry | |
Founded | June 17, 1980[1] |
Founder | Central Group |
Headquarters | The Offices @ Central World, 31st Fl, 999/9 Pathum Wan, Bangkok, Thailand |
Area served | Southeast Asia |
Key people |
|
Products | Retail-led mixed use development (shopping centers, residences, offices, and hotels) |
Revenue | 24,840 million baht (2021) [2]: 13 |
30,398 million baht (2021) | |
Total assets | 263,421 million baht (2021) |
Total equity | 82,075 million baht (2021) |
Owner | Central Holdings Chirathivat Family |
Number of employees | 3,561[2]: 91 |
Parent | Central Group[3] |
Website | www |
Central Pattana Public Company Limited (Thai: เซ็นทรัลพัฒนา จำกัด (มหาชน), IPA: [sentʰran pʰáttʰánaː]) 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 Techapaiboon family, Saha Union Group, and minor shareholders.[4] 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.[1] Ms. Wallaya Chirathivat is president and CEO.[5]: 248–249
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
CentralPlaza Ladprao, CPN's first one stop service shopping mall
CentralWorld, the first super-regional mall in Bangkok.
CentralPlaza Bangna (1993-2015)
Old façade, CentralPlaza Pinklao (1995-2010)
The Esplanade Ratchadapisek, second CPN shopping mall in Bangkok new Ratchada-Rama 9 CBD
References
- ^ a b Stock Exchange of Thailand (23 August 2011). "Company Summary". Archived from the original on 4 March 2016. Retrieved 21 November 2011.
- ^ a b "CPN Annual Report 2014" (PDF). CPN Property Development & Investment. Retrieved 25 November 2015.
- ^ "History". CPN. Retrieved 16 April 2016.
- ^ CPN Annual Report 2015 (PDF). Bangkok: CPN. 2016. Archived from the original (PDF) on 24 April 2016. Retrieved 16 April 2016.
External links
- Central Pattana (21 March 2021). Annual Report 2021 (PDF). Retrieved 30 March 2021.
- Central Pattana (21 March 2012). Annual Report 2011 (PDF). Retrieved 30 March 2012.
- Central Pattana (5 April 2012). Form 56-1 2011 (PDF) (in Thai). Retrieved 23 May 2012.
- Central Pattana (23 May 2012). 1Q12 Performance Review (PDF). Retrieved 24 May 2012.[permanent dead link]
- Articles lacking reliable references from April 2021
- All articles lacking reliable references
- Articles containing Thai-language text
- CS1 Thai-language sources (th)
- All articles with dead external links
- Articles with dead external links from November 2019
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- Central Pattana
- 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