SET-listed Central Pattana Plc (CPN), a property and retail developer, plans to focus on extending its mixed-use portfolio by opening three new projects in the second half this year and 2022.
The expansion is projected to happen in parallel with a recovery of Thailand’s 3.6-trillion-baht retail business.
Wallaya Chirathivat, CPN’s deputy chief executive, said the company wants to open fully integrated mixed-use complexes in cities with high economic potential, including Ayutthaya, Sri Racha in Chon Buri and Chanthaburi, which are scheduled to open in September 2021, October 2021 and the second quarter of 2022, respectively.
The total…
