CPN was founded on June 17, 1980 with a registered capital of Baht 300 million. Over the past decade, the company has observed a dramatic shift not only in consumer trends but also market demands for more fully intergrated shopping complexes that can offer consumers a total an experience.
As a true market pioneer with a resolved understanding of changing market trends, CPN developed a series of quality mixed-use complexes that can readily meet consumer needs. Among the first to be established was the CentralPlaza Ladrprao in 1982, which truely reflects the company's mission to innovate and revolutionize the ideal retail experience.
CPN later observed a significant milestone as it became a Public Company Limited in 1994, and was subsequently registered on Thailand's Stock Exchange in 1995. More importantly, in 2001, CentralPlaza Ladprao became the first-ever shopping center in Thailand to have been certified and awarded the coveted ISO 9001 -2000.
( as of December 2018 )
Almost 40 successful years, CPN has evolved into Thailand's largest and most sophisticated developer of retail property. Currently the Company owns and manages 32 premium shopping centers, 7 office buildings, 2 Hotels and 4 residential buildings. With a total leasable area (NLA) exceeding 1.7 million sq.m., CPN is undoubtedly the industry leader surpassing its closest competitor by more than double in size.
The Company's long-term strategy envisages the development of its trademark shopping centers in well-identified locations offering high potential both in Bangkok and in major cities throughout Thailand. Its next challenge is to move overseas, exporting its retail property expertise to neighboring countries through the development of innovative World class shopping centers in strategic markets.
At the Forefront of Retail
Every project of CPN has become a major success. This remarkable achievement has propelled the Company to the forefront of the retail property industry and earned it recognition as one Asia's leading public companies. CPN's goal now is to utilize its outstanding capabilities and experience to explore and successfully develop new business opportunities in Thailand and Southeast Asia.
In 2005, Forbes magazine honored CPN as one of the Top 200 Companies in Asia-Pacific with revenues not exceeding US $1 billion. CPN is proud to be one of only 10 companies in Thailand to be honored, and the only commercial real estate organization.
CentralWorld, CPN's flagship project, won Best of the Best Award in Design & Development from ICSC in 2010 and was awarded the Gold Award in Marketing for the re-opening of CentralWorld campaign in 2011, the awards which consider to be the oscars for shopping malls.
Today CPN leads the way as the most accomplished retail developer in Thailand with 32 extremely successful shopping centers. Each is a market leader in its community, built on innovative marketing, world-class standards, quality and excellence in operations, earning tremendous customer loyalty for its imaginative blend of anchor stores, retail shops and inventive attractions.
Of the many reasons for the Company's dynamic progress, outstanding human resources continue to be the essential ingredient for success. A skillful and experienced management team works hand in hand with a highly trained and motivated workforce to create a partnership that is the driving force for Central Pattana's impressive achievements.
A Giant of Retail Development
Retailers believe location is everything. And for over 30 years CPN has used unwavering good judgment in selecting strategic locations for its shopping centers. Long experience in shopping center operations and dynamics coupled with careful surveys of the best locations for trading areas have given its shopping centers the highest potential for success.