The company operates retail space in the Standalone Cineplex to fulfill the lifestyle entertainment model by offering the customers with various entertainment services beyond movie, bowling karaoke and ice skating. The company selects trendy brands that offer distinctive products and services that match customers’ lifestyle and satisfaction. There are 2 types of retail space which are long-term lease contract which is more than 3 years and short-term rental contract which is less than 3 years.

As the Cineplex becomes “destination” for lifestyle entertainment, the company is able to attract many leading international chains as well as the newly emerging local brands. With the intense competition among the quick-serve restaurant chains, every brand is in need of new rental space to expand their new branches. This has resulted in high occupancy rate in every location. Moreover, company provides all services in space rental which are the electricity, air-conditioned services, fire protection system, cleaning and security system as well as common area management services such as elevator, escalator and parking. However a construction of BTS project called the Green-Line (North), from Mochit to Saphan Mai had been constructed since 2016, the extended line is scheduled to open for service in 2020. In this meantime, Major got significantly impact from decreasing of rental revenue as well as occupancy rate declined. Therefore, the company expects that the rental revenue will get sustainable growth once the construction is completed.

Branch Areas (sq.m.) %Occupancy
Metropolis 21,961 100%
Ngamwongwan-Kaerai 11,500 61%
Sukhumvit 6,619 94%
Ratchayothin 2,954 96%
Samrong 935 83%
Rangsit 1,564 95%
Aomyai 1,150 88%
Future Rangsit 673 97%
Ramkhamheang 451 72%
Samui 89 48%
Siam Paragon 374 84%
Nakhon Sawan 190 100%
Pitsanulok 186 100%
Rama 2 133 100%
Quartier Cineart 120 100%
Bangkapi 110 100%
Lotus Navanakorn 99 100%
Chiangmai 30 100%
Total 48,687 89%