) of 14-15% per annum through 2-3 new projects a year, asset enhancement projects to add value to existing malls, regular rental increase, and operational improvement. Retail Property Development
Rayong shopping malls, are under construction. The construction progress Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) 9 of 10 Table 3: Projects under development
Floresta which was opened in September 2018; 2.) Central i-City which was opened in March 2019 and 3.) Central Village which was opened in August 2019. • Performance improvement from malls under major
Central i-City which was opened in March 2019. • Performance improvement from malls under major renovation gradually open in 2018, namely CentralWorld and CentralPlaza Rama 3. • Strong performances of
possible development as a pipeline for future project announcements. Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 15 of 15 Table 5: Progress of Future Projects Now
, namely 1.) Central Village, the first international luxury outlet in Thailand, in 3Q19 and 2.) CentralPlaza Ayutthaya by early 2020. CPN also made continuous progress with the asset enhancement initiatives
, namely 1.) Central Village, the first international luxury outlet in Thailand, in 3Q19 and 2.) CentralPlaza Ayutthaya by early 2020. CPN also made continuous progress with the asset enhancement initiatives
. Sales of ‘improved air quality’ products were higher than normal, due to the occurrence of high levels of air pollution, especially in Bangkok and the Central and Northern regions. However, sales at some
% ownership in the project. This collaboration will enhance Central Village’s position to be the top luxury outlet destination in ASEAN. Asset Enhancement Initiatives Continues the renovation of existing malls
Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 16 of 16 Table 5: Progress of Future Projects Now >> Project Area Complete by Domestic - Provinces Central Ayutthaya TBC 2021