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Author Topic: Mega Bangna Ikea complex proceeds  (Read 5881 times)

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Mega Bangna Ikea complex proceeds
« on: August 20, 2010, 10:05:56 AM »
Not in Buriram, but finaly they arrived! IKEA. fastclapping
As student, I used to work in IKEA, I know how to build so many things, sofas,shelfs, Klippan,Ektorp,Beddings, Billy,you name it.... Great times. brick1  bravo1

Mega Bangna Ikea complex proceeds 
Bangkok Post: 19 Aug 2010
Banks grant Bt6.5bn loan for Mega Bangna complex
By The Nation


SF Development has been granted Bt6.5 billion in loans from Kasikornbank and Siam Commercial Bank for the construction of the Bt10billion Mega Bangna shopping complex, which will be located on Bang NaTrat, kilometre 8, and is expected to open in 2012.

Nopporn Witoonchat, CEO of Siam Future Development, said the complex would be operated by SF Development - a joint venture between Siam Future Development, Ikano and SPS Global Trade.

Siam Future Development and Ikano - a franchisee of Inter Ikea Systems - both hold 49percent stakes in SF Development.

Siam Commercial Bank's president Kannikar Chalitarporn said the bank had confidence in the project's success because not only does Siam Future Development have a wealth of experience in developing and managing shopping centres, but Ikano's plan to bring Ikea to Bangkok had already elicited positive responses from consumers.

KBank's executive vice president Predee Daochai said his bank was also confident about Mega Bangna's success, and was proud to take part in its development.

"Ikano and Siam Future's experience is a guarantee of the project's success, while a great location and outstanding partners like Major Cineplex, HomePro, Big C and Ikea would definitely help Mega Bangna realise its staggering potential as an ultimate shopping destination," he said.

The main attraction of the complex will be the Ikea store, scheduled to open next November, which will be the largest retail outlet in Southeast Asia and the largest furniture mall in Thailand.

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Re: Mega Bangna Ikea complex proceeds
« Reply #1 on: August 21, 2010, 03:30:08 PM »
can they beat the market prices? very hard to believe.......  boatsailing

 

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