29 Oct
2021
SM Prime Issues Interest Rate for Retail Bond Series O
SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.
20 Oct
2021
SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction
SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.
13 Oct
2021
SM Prime to Open New Mall in Daet, Camarines Norte
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.
11 Oct
2021
Pico Sands Hotel Donates Vaccines
Inspired by the spirit of unity and camaraderie in the midst of adversity, Pico de Loro Beach and Country Club and Pico Sands Hotel donated 200 doses of AstraZeneca COVID-19 vaccines to the Rural Health Unit of Nasugbu, Batangas last October 4, 2021. In the same way the properties ensure that the staff have secure and comfortable access to vaccines, they likewise endeavor to extend a helping hand to all those in need through actionable programs. Certainly, though the pandemic has posed incredible challenges, everyone remains headstrong in its wake, in part thanks to the support of loved ones and the community.
01 Oct
2021
SM Prime Targets to Minimize Operations’ Carbon Footprint Through Enhanced Sustainability Program
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, sets a new milestone in its sustainability program as the Company commits to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term.
01 Oct
2021
Hamilo Coast Safeguards Its Marine Biodiversity
In line with its core emphasis on sustainable tourism and environmentally conscious living, Costa Del Hamilo, Inc. (CDHI), a leader in the leisure resort industry and the movers behind Hamilo Coast in Nasugbu, Batangas, recently completed a Marine Protected Area (MPA) assessment. The sites targeted were three of 12 coves in the property, established as MPAs for CDHI’s Sustainable Development Project, implemented from 2017 to 2019.
01 Oct
2021
Green-thumbing: the art of self-care at The Grove at Plantation Hills
As we try to find more ways to cope with a massively disruptive health crisis, taking charge of our emotional and mental well-being becomes more crucial than ever. This may mean having to stay grounded for the long haul, socially distanced from the company of friends. But studies show that people who spend more time communing with nature have a significantly more positive outlook on life and increased feelings of vitality and energy.
29 Sep
2021
SM Prime supports Manila Observatory’s clean energy, climate, and weather prediction system
SM Prime Holdings, Inc. has recently inked a partnership agreement with the Manila Observatory for the “High Definition Clean Energy, Climate, and Weather Forecasts for the Philippines” Project, a data-driven system that utilizes automated weather stations (AWS) and high-performance computer modeling to provide clean energy and weather forecasts up to five days in advance.
31 Aug
2021
Tagaytay Highlands’ immersive experience ramps up digitalization efforts
When the world was thrust into a health crisis early in 2020, it left people sheltered in place. Yet, even as most stick close to home, the property market continues to thrive. Amid quarantine restrictions, real estate, deemed one of the best-performing industries during the pandemic, has readily transitioned to the digital space.
18 Aug
2021
SM Hotels and Conventions Corp. (SMHCC) Tops-Off Lanson Place Mall of Asia
SMHCC topped-off yet another iconic property, Lanson Place Mall of Asia. Leading the ceremony were SM Prime Holdings, Inc. Executive Committee Chairman Hans T. Sy, SM Hotels and Conventions Corp President Elizabeth T. Sy, and SM Hotels and Conventions Corp Executive Vice President Peggy E. Angeles.
04 May
2016
Malaya: SM and donors turn over its biggest housing village
For 64-year old pedicab driver Rogelio Palma Consalida, November 8, 2013 is one date he will never forget for the rest of his life.
03 May
2016
BLOOMBERG: SM Prime says 1Q Core Net Income Rose 12% Y/Y to 5.8b Pesos
Revenue rose 10% to 18.2b pesos, SM Prime says in stock exchange filing.
03 May
2016
Bloomberg: SM Prime’s 1Q Net Falls 50% as Asset Sale Boosted Profit Yr Ago
(Bloomberg) — Net income in 3 mos ended March 31 fell to 5.84b pesos vs 12.6b pesos y/y, gross revenue slipped to 18.5b pesos vs 24.4b pesos y/y, according to SM Prime’s financial report to Philippine Stock Exchange.
03 May
2016
Philippine Daily Inquirer: New malls lift SM Prime income to P5.8B
Property giant SM Prime Holdings Inc. said earnings rose in the first quarter of 2016 as it opened more shopping malls and booked higher real estate sales.
03 May
2016
Business World: SM Prime books lower earnings
SM PRIME Holdings, Inc. saw its earnings drop by more than half in the first quarter of the year in the absence of one-time gains seen in 2015, but delivered a sustained growth in recurring income on the strength of its shopping mall business.
03 May
2016
Manila Bulletin: SM Prime core profit rise 12% to P5.8B
SM Prime Holdings, Inc., the Philippines’ leading integrated property company, reported a 12 percent growth in core net income the first quarter of 2016 to P5.8 billion while consolidated revenues rose 10 percent to P18.2 billion.
02 May
2016
Business Mirror: SM Prime recurring income rose 12% in Q1 to P5.8 billion
SM Prime Holdings Inc. said its core income rose 12 percent during the first quarter of the year to P5.8 billion, while consolidated revenues rose 10 percent to P18.2 billion, from the previous year’s P16.6 billion.
02 May
2016
Business Mirror: SM Prime recurring income rose 12% in Q1 to P5.8 billion
SM Prime Holdings Inc. said its core income rose 12 percent during the first quarter of the year to P5.8 billion, while consolidated revenues rose 10 percent to P18.2 billion, from the previous year’s P16.6 billion.
02 May
2016
GMA News: SM Prime posts 12% increase in 1Q net income
SM Prime Holdings Inc., the country’s leading malls operator, posted a 12 percent increase in net income during the first quarter, driven by last year’s expansion.
02 May
2016
The Standard: SM Prime’s core net income increases 12% to P5.8b
SM Prime Holdings Inc., the country’s largest integrated property company, said Monday core net income climbed 12 percent in the first quarter to P5.8 billion, driven by the strong performance of mall business and steady contributions from office and residential units.