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Bangkok Post
Bangkok Post
Business

Central Pattana scouts for acquisitions, lines up more mega projects

Central Pattana CEO Wallaya Chirathivat says mergers and acquisitions have to enhance the company's existing business. (Photo: Apichart Jinakul)

Central Pattana Pcl is open to acquiring assets that fits well with its strategy of housing retail, residential and office spaces at a single location as the mall developer pushes ahead with a 135 billion baht (US$3.9 billion) expansion.

The operator of Central World, Bangkok’s largest shopping mall complex, is always looking for asset purchases, be it brown, greenfield or new industry projects, Central Pattana’s President and Chief Executive Officer Wallaya Chirathivat said. The developer will also look to transfer more assets to real estate investment trusts to raise funds for expansion, she said. 

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