Naiyan & RGP Development Co., Ltd., a collaboration between Naiyan Estate and Minor International, has signed a historic deal with Siam Piwat Co., Ltd. to develop retail space and manage real estate assets for  “Park Silom” , a premium mixed-use office and commercial project located in the heart of Silom Road, under the concept of ‘New Breed of Silom’ with over 5 floors of retail space within a 39-story premium office building that has won multiple International Awards.

Our goal is to create a retail concept that offers a ‘one-of-a-kind retail experience’ that is unique and connects the lifestyle of working professionals and tourists, both Thai and foreign, with high purchasing power. We are confident that the collaboration of these three leaders in real estate and retail, with extensive experience in developing and managing world-class projects, will drive “Park Silom” to become another landmark that transforms Silom into a future business district, creating a lifestyle that embraces modern living in every dimension.

Ms. Oraradee Na Ranong, CEO of Naiyan Estate Co., Ltd. stated, “Naiyan & RGP Development Co., Ltd., a collaboration between Naiyan Estate and Minor International Public Company Limited, has developed the Park Silom project to be a premium mixed-use office and commercial building, 39 stories high on a 6-rai plot in the heart of Silom Road, under the concept of ‘New Breed of Silom’ that considers the people, community, and lifestyle of everyone in the Silom area. Recently, we signed a partnership with Siam Piwat Co., Ltd. to jointly develop retail space and manage real estate assets to enhance the lifestyle of the new generation living in the “Park Silom” project and nearby areas, allowing them to balance their daily lives between work and shopping, as well as being a vibrant meeting place during and after work hours.”

“The collaboration with Siam Piwat, recognized as a leader in creative thinking, will reinforce confidence among investors and retail operators. With Siam Piwat's extensive experience in developing award-winning real estate projects, this partnership will create a new dimension of integrating office and retail spaces at “Park Silom” to offer a unique experience that meets the needs of working life and lifestyle in all forms, catering to leading organizations and multinational companies, which will promote “Park Silom” as a new landmark to watch in the Silom area,” Ms. Oraradee added.

Mr. Dilip Rajakariya, CEO of Minor International Group, said, “We are very pleased to collaborate with both leading real estate and retail development companies to develop this outstanding project, “Park Silom.” Minor International has extensive experience in building and operating hotels, restaurants, and other businesses related to the hospitality industry worldwide. We are confident that the company can leverage its expertise in service and retail business, along with essential corporate support, to contribute to managing a quality business and a lifestyle hub in this central financial district of Bangkok.”

Mr. Chonchat Meksupha, Senior Executive Vice President of Business Development and Real Estate at Siam Piwat Co., Ltd., a leading real estate and retail developer, owner, and operator of Siam Paragon, Siam Center, and Siam Discovery, one of the partners of Icon Siam and Siam Premium Outlet Bangkok, stated, “Siam Piwat is pleased to be part of the development of “Park Silom” to become a new landmark in the Silom area, revitalizing Silom as one of the most watched business centers (CBD) once again. Over the past 63 years, Siam Piwat has operated under the vision of a creative leader (The Visionary ICON), excelling in developing and managing real estate and retail projects that are world-class destinations, delivering innovative concepts and experiences that exceed expectations and bring joy to visitors. This collaboration will strengthen our retail space development and property management to provide an exciting experience that meets the lifestyle needs of urban dwellers in their work and create a new lifestyle in every dimension.”

 

“The collaboration with Siam Piwat comes at the right time, as the Silom area is a high-potential location, home to leading organizations, financial institutions, large corporations, and many multinational companies. Therefore, Silom is surrounded by people with high purchasing power, while also providing space for new brands and areas that cater to the lifestyle of the new generation, who want to balance their time between work and life, serving as both a shopping destination and a vibrant gathering place for office workers and tourists, both Thai and foreign, who will flock to Thailand after the country reopens.”

“We believe that Siam Piwat's success as a developer of “World Class Destination” and its accumulated knowledge, experience, and expertise in real estate development, retail, shopping malls, food and beverage, marketing communications, and property asset management will add value and success to the goals of this collaboration, revolutionizing the real estate and retail development industry once again by creating a “one-of-a-kind retail experience that is unique and outstanding in the Silom area,” Mr. Chonchat concluded.