SM Prime Holdings Inc., the country’s largest integrated property developer, lined up 10 new malls for opening over the next two years.
SM Prime said in an offer supplement filed with the Securities and Exchange Commission it would open five malls in 2020, including SM City Daet, SM City Tanza, SM City Bataan, SM City Roxas and SM City Sorsogon.
These five new malls will have a gross floor area of 222,000 square meters.