(Bloomberg) — SM Prime’s revenue rose 9% y/y to 52.2b pesos in first 9 mos., Philippine co. says in stock exchange filing.
 
* Rental revenue from retail and commercial spaces contributed 56% to consolidated revenue, +11% y/y in 9 mos
* Real estate sales, which accounts for 32% of revenue, +4% to 16.6b pesos
  * “We expect SM Prime’s growth to be sustained as we continueto increase our mall footprint by 13% this year,” President Hans Sy says in statement
  * SM Prime to introduce Seaside Cebu in central Philippines this yr; Metro Cebu an important growth corridor