Osotspa Public Company Limited, or OSP, has signed a 30-year long-term lease agreement for 45 rai of land at its Hua Mak headquarters with CP Axtra Public Company Limited, or CPAXT, to jointly develop a shopping centre project under the Happy lifestyle community concept, with Lotus's hypermarket as the anchor tenant. The project is located on OSP's land in the heart of the Hua Mak–Ramkhamhaeng area, a densely populated location with high purchasing power. CPAXT will bring its retail business expertise to create a new retail and lifestyle landmark. Renovation and construction are expected to begin soon, and once completed, the project will help enhance the quality of life for the surrounding community.
Osotspa Public Company LimitedOSP signs 30-year lease for its land, generating long-term rental income and value from underutilized asset.
CP Axtra Public Company LimitedCPAXT will develop a shopping centre with Lotus's hypermarket as anchor, expanding its retail footprint.