Executives from Ikano Centres and Central Pattana. From left: Mr Aboltins; Adrian Mirea, managing director of Ikano Centres; Arnoud Bakker, director of market strategy and real estate development at Ikano Centres; Mr Phoom; and Isareit Chirathivat, head of leasing at CPN.
Central Pattana Plc (CPN), a Thai real estate developer, and Ikano Centres, part of Ikano Retail, are investing 6 billion baht to expand the Megabangna shopping centre.The expansion adds roughly 170,000 square metres of gross building area, including retail space and an additional 1,750 car parking spaces, bringing the mall's developed area to around 800,000 sq m. The project is scheduled for completion in the third quarter of 2028.
"The company recognised the potential of Thailand and the Bang Na area more than 14 years ago. The location could be much more than a retail destination, such as a place where people choose to spend time, connect with family and friends, becoming a part of their everyday lives," said Adrian Mirea, managing director of Ikano Centres.
Megabangna has welcomed more than 670 million visits. Last year, the mall recorded a record-breaking 60 million visits, while maintaining 100% occupancy.
Megabangna is home to Thailand's first Ikea store, which is among the largest in Southeast Asia.
