CPNREIT
Cpn Retail Growth Leasehold Reit
Thailand’s largest retail-focused real estate investment trust
Trust
Confidence Built on Prime, Long-Term Assets
High-quality, diversified portfolio across prime strategic areas
  • 91.6% average occupancy rate in 2025 (excluding hotel)
  • A+ credit strength supporting prudent and disciplined financial management
Future Vision
Elevating Assets for the Next Decade
  • Strategic focus on diversified asset mix: multi-sector stability
  • Continuous pipeline for asset enhancement aligning with urban growth & tourism recovery
Performance
Steady Growth with High Operational Resilience

2025 Performance Highlights

  • THB 6,439.4 million total revenue, representing +6.0% YoY growth, driven by strong recovery across all assets
  • Total distribution of THB 1.0904 per unit delivered to trust unitholders
Sustainability Recognition
Internationally Recognized Sustainability & Governance Standards
  • S&P Global Sustainability Yearbook 2026 – selected for 5 consecutive years
  • GRESB 2-Star Rating for ESG performance
Our Portfolio

CPNREIT Investment Assets

Leading retail REIT in Thailand and Asia

Supported by a high-quality portfolio with prime locations, diverse asset types, and proven operational efficiency

Assets
4 Cities, 7 Shopping Malls, 4 Offices, 1 Hotel
Years
Average Assets Life (As of 31 December 2025)
K
sq.m.
Total GLA & 304 Hotel Rooms
%
Average occupancy rate in 2025 (excl. Hotel)
Shopping Malls

Number of Projects 7 Projects Core assets located in 4 major cities.

  • Central Rama II
  • Central Rama III
  • Central Pinklao
  • Central Chiangmai Airport
  • Central Pattaya
  • Central Marina
  • Central Lampang

CPNREIT focuses on developing and managing shopping malls in high-potential locations across Thailand, driving long-term value for unitholders.

Office Buildings

The trust invests in high-quality 4 offices buildings

  • Pinklao Tower A & B
  • The Ninth Towers
  • Unilever House

offering modern facilities and prime locations with convenient transportation access to meet the needs of corporate tenants.

Hotel

The trust owns Hilton Pattaya, a world-class luxury hotel located in a leading tourism destination.

Latest News

Press Releases

Stay informed with the latest press releases and official announcements from CPNREIT, highlighting key developments and important updates for investors and stakeholders.

Sustainability
At CPNREIT, we are dedicated to sustainable growth by balancing business success with our responsibility to the environment, society, and good governance (ESG).
Whistleblowing