Retail/One Bangkok

Editorial staff

One Bangkok, a fully integrated smart and sustainable district jointly developed by TCC Assets (Thailand) and Frasers Property Holdings (Thailand) Co, has announced a partnership with Isetan Mitsukoshi Holdings Co, Japan's largest department store group to develop and operate the first Mitsukoshi supermarket and food hall in Thailand.

It also co-invest in One Bangkok Office Tower 4 solidifying One Bangkok’s position as a global destination, which will attract top-level business people, investors, and tourists, both local and international.

Mitsukoshi supermarket and food hall

This first Mitsukoshi supermarket and food hall, located within One Bangkok Retail, will provide indulgent world-class selections for One Bangkok dwellers and all food enthusiasts, a one-of-a-kind “Depachika” concept.

It will span over 4,600 square meters on basement level 1 of the Parade, offering discerning customers an immersive and tantalising culinary experience. Foodies and shoppers can expect a comprehensive range of international and local brands, including high-quality fresh produce, meat, and fish market from exclusive farmer networks, as well as from trusted Japanese producers.

On top of the supermarket assortment, the food hall will provide treats and meals from well-known and never-before-seen Japanese brands, pastry boutiques, cafes, and restaurants for shoppers to taste.

This will bring together fully integrated and superior shopping experiences under ‘The Rhythmic Experience’ concept of the Parade, solidifying One Bangkok Retail as a must-visit destination.

Panote Sirivadhanabhakdi, group chief executive officer of Frasers Property Limited, emphasises the significance of this partnership. He said the company is pleased to forge a strategic alliance with Isetan Mitsukoshi, a globally renowned company with a 350-year legacy. Their decision to bring a distinctive Japanese culinary experience courtesy of Mitsukoshi to One Bangkok will enhance the mixed retail tenants as a key anchor, giving an immersive authentic Japanese tradition and experience to Thai residents and international visitors.

“Uniquely, our joint venture goes beyond the enhancement of retail landscape but extends to co-investment in One Bangkok Office Tower 4 signifying significant steps towards our vision of creating a new urban core that enhances Bangkok's business and lifestyle offerings,”
he said.

“As we target customers from around the world, Asia is considered a highly significant region for us. Thailand especially has strong ties with Japan and a large customer base which appreciates the quality of Japanese products and shares the values held by Isetan Mitsukoshi's Department Store and we believe that Bangkok has a high potential to drive the value even further,” Toshiyuki Hosoya, president and CEO of Isetan Mitsukoshi Holdings Ltd., said.

“By bringing our long-established culture and tradition, we are confident that Isetan Mitsukoshi will enrich the One Bangkok project, offering a unique and valuable experience,” he said.

The partnership between One Bangkok and Isetan Mitsukoshi Holdings extends to a co-investment in One Bangkok Office Tower 4, underscoring the district’s appeal to global office business, strengthening its ability to attract leading local and international companies with a preference for premium office space, placing high importance on employee well-being, sustainability, and smart technology. This strategic partnership and combined vision of One Bangkok and Isetan Mitsukoshi Holdings promises to reshape Bangkok’s future as an economic hub on the global stage.