In November 2019, Thailand’s largest property developer Central Pattana (CPN) and Japanese property developer Mitsubishi Estate created a joint venture with a 70% – 30% split regarding a US$33 million investment into Thailand’s outlet sector. The purpose is to expand Central Village, Thailand’s first international luxury outlet mall opened in August 2019. The first phase of Central Village offers 150 stores like Chloé, Lacoste, Etro, Victoria’s Secret and Kate Spade plus an array of restaurants
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