CPN reshapes portfolio to target new growth cities, brings in Deutsche Bank for CBD hub, and lowers debt-to-equity ratio

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โดย Money & Banking·TH·Read original
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Central Pattana is adjusting its strategy to drive its retail-led mixed-use model, focusing on expanding its provincial portfolio in new growth cities. It will open two shopping centres and mixed-use projects, Central Khon Kaen Campus and Central Northville, in the second quarter of 2026, pushing core business revenue to a record high for the fourth consecutive quarter. In the office segment, the Central Park Offices project in the Super Core CBD of Silom–Rama IV has attracted global financial institution Deutsche Bank from Germany, which has chosen it as its new headquarters in Thailand, reflecting multinational investor confidence. Meanwhile, the Phyll Khon Kaen condominium project achieved a 100% sell-out within three days during the presales period, generating over 1.6 billion baht in sales. The company continues to maintain strict financial discipline, resulting in a steadily declining net debt-to-equity ratio, and has announced a dividend payment for its 2025 performance at 2.40 baht per share, the highest level on record.

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