Central Chiangmai Airport

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General Information of Asset

Central Chiangmai Airport Project is the one of the largest shopping mall in Chiangmai and the upper northern region. It was completely developed and has been operating since 1993 (the year Central Pattana acquired the project). Central Chiangmai Airport Project is located at No. 2 Mahidol Road, 252-252/1 Wualai Road, Haiya Sub-district, Muang District, Chiangmai, whereby Mahidol Road is one of the main roads of Chiangmai. Furthermore, the shopping mall is located closely to Chiang Mai International Airport.

Details of Central Chiangmai Airport Project

Characteristic of Investment

  1. Leasehold right over the land where the shopping mall building is located. Multi-purpose buildings, indoor car parking, including roads around the project and entrance (partial) of Central Chiang Mai Airport project with the total area of 32-3-56.85 rais.
  2. Leasehold rights over immovable properties, these comprise one shopping mall building areas (partial), one multipurpose hall, as well as parking areas which are related to the project. (proportional to the use of shopping mall area and multi-purpose building invested by CPNREIT).
  3. Leasehold rights over utilities systems which are related to the Project Invested by CPNREIT.
    For approximately 30 years. (the agreement expiring on 22 April 2044).
  4. Ownership of movable assets which are related to the project.
Property Manager
Central Pattana
Building Area
Gross Floor Area (include parking area) approximately 122,991 sq.m.
Gross Leasable Area approximately 36,829 sq.m.
Date of Transfer from CPNRF
1 December 2017
Transfer Value from CPNRF
THB 10,494 million