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Tuesday, May 14, 2024

CPN and DTC increase investment in ‘Dusit Central Park’, the value of the expansion project reaches 4.6 billion baht.

Central Pattana Public Company Limited Joint venture with the company Dusit Thani Public Company Limited (DTC) In the development of a mixed-use real estate project, consisting of a shopping center project Office buildings, hotels and residences

Under the name of the project ‘Dusit Central Park’ (DCP) Most recently, both companies announced an additional investment in the project to 9,300 million baht, from 36,700 million baht to 46,000 million baht.

The Board of Directors considered and agreed that such investment was appropriate. It can give good returns in the long run. And will benefit the shareholders of the company

For details of additional developments in each project, it can be summarized as follows. Section of the shopping center The retail layout and arrangement has been made. In a new way to meet customers’ needs Along with increasing construction and safety requirements and standards. It is expected to be completed in Q3 / 67.

Office building added Roof Top Bar and Meeting Facilities to serve as a new selling point for office building projects. Increasing construction and safety requirements and standards Expected to be completed in Q1 / 67.

The hotel has increased the number of rooms. And Construction Area Gross Floor Area (“GFA”), designed for large rooms with high privacy for the guests, renovated so that all rooms overlook Lumpini Park. Expected to be completed in Q3 / 20.

And accommodation Increasing the GFA construction area to increase the efficiency of land use higher, adjust the brand position to the Super Luxury level to meet the needs of more customers. Expected to be completed in Q467.

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