Thailand’s biggest shopping mall set to open in Bangkok

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(Source: Asian Nikkei Review | October 4, 2018)

The biggest commercial complex yet in Thailand will soon open on November 9, dubbed as Iconsiam—featuring a department store operated by Japan’s Takashimaya serving as the core tenant.

The total floor space of about 520,000 sq. meters surpasses even retail giant Central Group’s CentralWorld mall in the Thai capital.

Two luxury condo towers — one rising 70 stories and the other 52 — stand adjacent to the new mall.

The $1.6 billion project is a project of Thai shopping mall developer Siam Piwat and involves Thai conglomerate Charoen Pokphand Group and group real estate developer Magnolia Quality Development.

Iconsiam’s shopping mall will house many brands entering the Thai market for the first time. The Takashimaya store will carry 500 brands, 80 of which come from Japan and are making their debut in Thailand.

 

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