Value proposition

Together with IKEA, we create meeting destinations for our communities to enjoy a great day out!


Our portfolio of shopping centres are the hearts and hubs of our communities, creating a better everyday life for the 100 million visitors who visit us every year. Together with our IKEA stores, we create meeting places for friends and families to enjoy a fun day out. We also develop land and invest in residential, office and other types of real estate to create vibrant destinations where people can live, work and play.

With strong ambitions to grow our portfolio, we currently operate five meeting places in Malaysia and Thailand including IPC and MyTOWN in Kuala Lumpur, Toppen in Johor Bahru, (South Malaysia), the first phase of a shopping centre in Batu Kawan in Penang (North Malaysia), and Megabangna in Bangkok, Thailand.

We are part of Ikano Retail, the only IKEA franchisee in the world owned by the Kamprad family that founded IKEA.