existing malls, regular rental increase, and operational improvement. Retail Property Development Domestic Expansion In 2017, CPN plans to launch two shopping malls, namely: CentralPlaza Nakhon Ratchasima
(NLA) of 1.6 mn sqm. 2Q17 Major Events The conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into a new Real Estate Investment Trust (REIT) on 31 May 2017, the Board of Directors has
non-recurring items, namely the insurance claim from the terrorism risk protection amounted THB 3,500 mn, the conversion of CPN Retail Growth Leasehold Property Fund (“CPNRF”) into CPN Retail Growth
in the provinces), 28 food courts, 7 office towers, 2 hotel properties, 1 residential property (totaling 11 units), and 2 real estate properties for sale (totaling 819 units), which includes the
, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Domestic Expansion CPN have announced the plan to launch 2 new malls to open in 2019 and early 2020
, Vietnam and Indonesia, to accommodate its sustainable growth aspiration. Retail Property Development Domestic Expansion CPN have announced the plan to launch 2 new malls to open in 2019 and early 2020
million Baht. Real estate revenue was lower than last year. Customers have postponed their decision to buy property due to the slowdown of domestic economy. Cost of goods for year 2017 was lower than last
), 29 food courts, 7 office towers, 2 hotel properties, 1 residential property (totaling 11 units), and 3 real estate properties for sale (totaling 1,227 units), which includes the properties transferred
stimulus policies worth Baht 464 billion to support domestic spending, the property market and grassroots economy. Meanwhile, tourist arrivals rose by 4.2 percent, softening from 7.3 percent in 2018. A
results In Q2/2017, the Company and its subsidiary recorded total sales of Baht 1,370 million, a decrease of 21% YoY due to the slowdown in domestic sales and CMG business. However, Branded export sales