26 Oct
2020
SM Prime’s Net Income reaches PHP14.4 billion in 9M2020
(26 October, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP 14.4 billion consolidated net income in the first nine
15 Oct
2020
Taal Vista Hotel marks 81st anniversary with special offerings
On October 7, 1939, Taal Vista Lodge first opened its doors to welcome and serve its guests. In its eighty-one years of heartwarming hospitality and excellence, the lodge has evolved,
11 Sep
2020
Tagaytay Highlands — A Good Investment for Your Second Home
Making the right investments is a challenge that may stump even the most astute business people when a global crisis hits. For property seekers, however, the pandemic has underscored how
11 Sep
2020
The Grove at Plantation Hills: a safe and sustainable haven in Tagaytay Highlands
The home has always been considered a retreat—a place where peace, security, and harmony prevail. In these times of uncertainty, the home as sanctuary has assumed even greater significance. It
10 Sep
2020
Dine and Unwind as Taal Vista Hotel Re-Opens
Taal Vista Hotel is pleased to announce the re-opening of its food and beverage outlets on September 4, 2020. The hotel will also begin accommodating room reservations on September 11,
03 Aug
2020
SM Prime Innovates and Strengthens Services in 1H2020
(03 August 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, posted a consolidated net income of PHP10.4 billion in the
29 Jul
2020
SM Hotels and Conventions Corp. (SMHCC) repurposes its Radisson Hotel Group (RHG) properties to bolster the hospitality industry
The preceding months have enabled us to unravel opportunities, enhance our creativity and discover our new sense of purpose. The recent inevitable circumstances led to a paradigm shift not only
16 Jun
2020
SM Prime declares Cash Dividends of PhP5.34 billion
(15 June 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime)’s Board of Directors has just approved the declaration of cash dividends of PHP0.185 per share, with the total value of
08 Jun
2020
Urban Resiliency: Key to Sustainability in the 21st Century Philippines
By Mr. Hans T. Sy Filipinos have direct experiences with the devastating effects of climate change. According to the UN Office for Disaster Risk Reduction (UNDRR), the Philippines ranks fourth
26 May
2020
A Better Way to Live the “New Normal”
In light of recent events, we have had to deal with a number of factors that have changed the way we live. At Hamilo Coast, on-Site property management has enabled
Stories
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
