- Thailand's top retail and
real estate developer, Central Pattana, achieved the top
ranking among Thai real estate companies on the 2024 Fortune
Southeast Asia 500 list.
- Attaining Major Awards at the Retail Asia Awards
2024, Wallaya Chirathivat, the first Thai leader, won 'CEO of
the Year,' while 'centralwOrld' received 'Mall of the Year' and
'Marketing Initiative of the Year.'
BANGKOK, July 24, 2024 /PRNewswire/ -- Central Pattana
Plc., Thailand's leading
retail and real estate developer, has garnered international
recognition, reaffirming its business expertise and pioneering
'Retail-led real estate development' model. Central Pattana
topped Thai real estate companies on the 2024 Fortune Southeast
Asia 500 list and reported remarkable growth in 2023, with
revenue reaching 46.79 billion baht,
a 26% increase from 2022 and delivering the highest dividends since
its founding. This reflects the company's vision and long-term
investment plan. Its' five-year plan from 2024-2028 includes a
total investment of 121 billion
baht.
Additionally, the company received several prestigious accolades
at the Retail Asia Awards 2024, including CEO of the
Year. Its flagship mall, 'centralwOrld,' won two awards,
reaffirming its position as a global landmark at the heart of
Bangkok.
Ms. Wallaya Chirathivat, President and CEO of Central
Pattana Plc., said: "Central Pattana has been one of the key
driving forces for the growth of Thailand for 44 years through our investment
under the strategic model of 'The Ecosystem for All,' where our
shopping centres are the main core business that links to
residential projects, hotels, and office buildings nationwide. The
company wants to develop spaces to improve the quality of life for
people and communities, while focusing on the environment and
ensuring economic growth in Thailand."
At the Retail Asia Awards 2024, Central Pattana garnered
multiple accolades. Ms. Wallaya Chirathivat, President &
CEO, became the first Thai leader to win 'CEO of the Year,'
highlighting her exceptional leadership and vision in propelling
Central Pattana to prominence in both the Thai and broader Asian
markets. The company's flagship property, centralwOrld, earned two
distinctions: 'Mall of the Year' for its world-class retail
experiences, and 'Marketing Initiative of the Year' in recognition
of its innovative marketing strategies.
The company plans to revolutionize global retail by developing
five mega projects, adding 2.2 million square meters of retail
space in Bangkok.
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