Nov. 19 (Bloomberg) — Property push in China is “stronger” because SM Group is moving as one Co. as result of consolidation of its real estate assets, SM Prime President Hans Sy tells reporters in Manila.
- “We are coming in as one company now; you have strength of one consolidated group that can do both residential and mall” projects, Sy says
- SM Prime’s mall, residential projects in China will be “something similar” in the Philippines, where group builds apartment towers near its malls, Sy says
- SM Prime forming 5-year plan and may be presented to public early 2014, he says
To contact the reporter on this story:
Ian Sayson in Manila at +63-2-789-7023 or [email protected]