The Mall Korat Lease Renewal Negotiations Ongoing
The Mall Group is currently in negotiations with the Thepnakorn group to renew the land lease for The Mall Korat, with a final decision expected on November 19.
According to a report by Prachachat Business, Supaluck Umpujh, the leader of The Mall Group, has been actively engaged in discussions with the Thepnakorn group regarding the renewal of the land lease for The Mall Korat. The negotiations, which took place between November 3 and 4, 2026, have not yet reached a final conclusion.
For residents and visitors who frequent this major shopping destination in Nakhon Ratchasima, the outcome of these talks is significant as it concerns the long-term operational status of the mall. While the facility continues to operate as usual, the ongoing nature of the lease agreement means that the future tenure of the site remains a point of interest for the local community and stakeholders.
Both parties are scheduled to meet again on November 19, 2026, to finalize the details of the agreement. Until this meeting occurs, the specific terms of the lease renewal and the long-term certainty of the location remain to be confirmed. The Mall Group has not yet released further details regarding the progress of these discussions.
