• Unveil the “Happy & Healthy Mall” Strategy: Transform Makro and Lotus’s retail locations into happy community spaces for people of all generations.
• Advance the development of 60 projects across 29 provinces nationwide in 2026–2027, marking one of the Company’s largest mall development and renovation programs in recent years.
• Develop four Happy & Healthy Mall Models built on the core principle of “Understanding Each Community” to fit the unique context of every location nationwide.

CP AXTRA Public Company Limited (CP AXTRA), the operator of Makro and Lotus’s, is driving growth through its Retail Ecosystem, seamlessly connecting offline and online channels with shopping mall spaces to deliver an integrated customer experience. Through its “Happy & Healthy Mall” strategy, the Company will develop and renovate 60 projects across 29 provinces between 2026 and 2027. The initiative will expand the company’s total shopping mall and rental space in Thailand to more than 1.13 million square meters, making it one of the Company’s largest shopping mall development and renovation programs in recent years. The program includes 10 projects in 2026, followed by another 50 projects in 2027. Together, these developments will increase the company’s shopping mall and rental space by 13% from its current footprint to support evolving lifestyles, unlock the potential of each location, connect shopping, living and services across offline, online and shopping mall experiences, and drive long-term growth as CP AXTRA works toward becoming ASEAN’s No.1 wholesale-retail leader, powered by technology.

As consumer behavior evolves, shopping malls are no longer just places to shop, they are becoming spaces where people live, connect, and spend time together every day. CP AXTRA is committed to developing “Happy & Healthy Malls” that cater to consumers across five generations, from children and teenagers to working adults, families, and seniors, as well as expatriates and digital nomads. Every project is designed around the unique context of its community to better reflect local lifestyles and needs.

Benchawan Ongsri, Chief Mall Officer, Mall & Property Group, CP AXTRA Public Company Limited, stated, “The future of retail extends beyond bigger stores. It lies in spaces where people truly want to spend their time. The “Happy & Healthy Mall” strategy represents one of CP AXTRA’s largest shopping-center development and renovation programs in years. Far more than a simple expansion, it is a strategic investment in a future-ready retail model that seamlessly integrates food, health, lifestyle, and community—elevating Makro and Lotus’s from traditional wholesale and retail stores into vibrant destinations where people return every day.”

“Our goal is to develop Happy & Healthy Malls tailored to the unique potential and context of every location, building on the strengths of Makro and Lotus’s through close collaboration with our partners. At the heart of every project, we are elevating the Hypermarket to serve as the Traffic Anchor, connecting shopping, everyday living, and experiences across the entire mall to create mutual growth between the Hypermarket and shopping mall. At the same time, we curate the right tenant mix for each community by blending national and local brands that resonate with younger generations. This drives quality traffic, creates sustainable growth for our tenants and partners, and gives communities compelling new reasons to return. Our goal isn’t simply to build better malls; we want Happy & Healthy Mall to be a platform that sustainably brings happiness to communities while enabling our partners to grow alongside us as we expand nationwide.”

“We believe great shopping centers are never built with a one-size-fits-all approach. They begin with understanding each community’s lifestyle, needs, and potential. That is why Happy & Healthy Mall is built around four development formats: Lotus’s, which transforms shopping malls into everyday lifestyle destinations; Hybrid Store, which combines the strengths of Makro and Lotus’s into a fully integrated wholesale-retail ecosystem; Oasis, a community mall designed as “A Community Oasis of Happiness”; and Destination Creation, which transforms high-potential properties into new landmark destinations through distinctive design, multi-purpose spaces, and carefully curated partners suited to each location.”
Happy & Healthy Mall: Delivering Happiness to Communities through 4 Strategic Pillars

Happy & Healthy Mall is designed around a Happiness-led concept, placing people’s happiness at the heart of every space and experience. The aim is to create shopping destinations that support every aspect of modern life and offer much more than a place to shop. The concept is built on 4 strategic pillars and 11 key elements, which can be adapted and combined to suit the unique needs and context of each location.

Food Destination: As the heart of every mall, this pillar brings together well-known local eateries and leading national restaurant chains. Anchored by Lotus’s EATERY, it offers a diverse mix of popular, delicious dining all in one place, alongside a food court, Grab & Go options, and a Dining Hub, making every location a community food destination.

Lifestyle: Transforming malls into all-day destinations for the whole family, from relaxing and spending time together to shopping and weekend activities. Key highlights include curated OOTD (Outfit of the Day) fashion zones, Jewelry Zones, Fix & More (an IT sales and repair service center), and Plearnburi, an interactive amusement and edutainment zone for children.
Wellness: Another cornerstone of the mall experience, this pillar offers a wide range of health, beauty, and wellness services. Under the WellNext framework, participating malls feature fitness centers, beauty and dental clinics, Well & Wow spas, and hair and nail salons, complemented by popular evening aerobics sessions. These offerings reflect the growing role of shopping malls in promoting well-being and enhancing quality of life for people of all ages.

Sustainability: This pillar creates shared value for businesses and local communities, enabling them to grow alongside the mall. It includes the development of modern facilities, such as a Mobility Hub with EV charging stations, as well as flexible spaces that support community activities and foster long-term mutual benefits.

From Bangkok to the Provinces, Happy & Healthy Mall Is Creating Joyful Spaces Nationwide

Between 2026 and 2027, investments under the Happy & Healthy Mall strategy will target high-growth areas across 29 provinces nationwide to connect key economic hubs and foster well-being nationwide. Highlights of planned openings for 2026 include:

Happitat: CP AXTRA’s newest Destination Creation space in Bang Na. Designed with happiness at its core, Happitat brings together a shopping center, office buildings, and lifestyle spaces in one integrated destination, connecting nature, dining, experiences, and curated partners. Happitat is scheduled to open on 21 August 2026.

Lotus’s Khon Kaen: Transformed into a major lifestyle hub for Northeastern Thailand, the development marks the regional debut of IKEA and IKEA Food & Drink, alongside leading anchor brands including Decathlon, True Branding Shop, 7-Eleven, and Lotus’s EATS. The grand opening is scheduled for 30 October, 2026.

Lotus’s Chiang Rai: Set to become the province’s leading Lifestyle Mall and Food Destination, the development will feature more than 100 stores and activity spaces designed to showcase Chiang Rai’s distinctive identity to serve both residents and tourists.

Lotus’s Mae Rim: Developed under the Happy Hills Community concept as a lifestyle and wellness destination, the project features northern Thailand’s first rooftop pickleball club. It brings together health services to serve local residents, tourists, and expatriates, while promoting healthy everyday living for all.

Lotus’s Oasis, Choeng Thale, Phuket: A new-format community mall that brings together Makro, Lotus’s Go Fresh, and a curated selection of retail and dining options in a single destination. Designed as a comprehensive hub for everyday living, the project caters to local residents, tourists, and expatriates in one of Thailand’s fastest-growing destinations.
Driving Growth Hand in Hand with Businesses, Communities, and the Country

More than a shopping mall development program, Happy & Healthy Mall represents CP AXTRA’s long-term investment strategy to create community lifestyle destinations tailored to the unique needs and potential of each location. By generating shared value for customers, business partners, and local economies, the initiative aims to set a new benchmark for the future of retail while reinforcing CP AXTRA’s role in shaping the future of Thailand’s retail industry through community development, enhanced quality of life, and sustainable economic growth.