13 Apr
2016
SM Prime to Earmark PHP180 Billion for 3-Year Expansion
SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, will earmark at least PHP60 billion annually for the next three years to sustain its developmental goals. “SM
22 Feb
2016
SM Prime’s Core Net Income Surge by 14% in 2015
22 February 2016 Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a recurring net income growth of 14% in 2015 to PHP20.9
22 Jan
2016
SM Prime strengthens position in office building industry with new property
FourE-ComCenter breaks ground for 2020 completion (L-R) Engineer Ranilo M. Gison, SAVP Project Development Commercial Properties, SMPHI; Jose Oscar O. Salvacion, President of Design Coordinates, Inc.; Noel S. Sanchez, SAVP
23 Dec
2015
SM Prime receives ASEAN Corporate Governance Award
(From Left to Right) Jeffrey C. Lim, SM Prime’s Executive Vice President; Eunice M. Sotto, SM Prime’s Assistant Vice President for Enterprise Risk Management; and John Nai Peng C. Ong,
23 Dec
2015
SM Prime distinguished as the Best Real Estate Developer (Retail) in the Euromoney Magazine’s 11th Annual Real Estate Survey
(From Left to Right) Mr. Marcus Langston, Euromoney Magazine’s Senior Manager for Asia; Mr. Jeffrey Lim, SM Prime’s Executive Vice President SM Prime Holdings, Inc. (SM Prime), one of the leading
26 Nov
2015
SM Seaside City Cebu: SM Unveils New Regional Landmark In Cebu City
(26 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on
05 Nov
2015
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds; Offer Period Started Yesterday
(05 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, has set the interest rates for its Peso-denominated
04 Nov
2015
SM Prime Cited in Southeast Asia Property Awards 2015
Mega Fashion Hall bags the Southeast Asia Property Award for Best Architectural Design (04 November 2015, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the leading integrated property company in the
02 Nov
2015
SM Prime’s Recurring Income Grows 15% in 9M 2015
(02 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a 70% surge in its consolidated net income to PHP22.9 billion
28 Oct
2015
Shopping centers will thrive despite evolving retail landscape
(28 October 2015. Pasay City, Philippines) Malls, which belong to the so-called “brick-and-mortar” businesses, will continue to “click” despite the evolving retail landscape which is enabled by the explosion of
Stories
20 Sep
2006
SM opens 28th mall in Lipa City
Shopping mall giant SM Prime Holdings Inc. will open this Friday its second mall in Batangas — SM City Lipa — aimed at taking advantage of the area’s huge and progressive population base.
19 Sep
2006
SM Prime Opens 2nd Mall in Batangas with SM City Lipa
SM Prime Holdings, Inc. (SM Prime) will open its second mall in Batangas Province on September 22. SM City Lipa, which is strategically located along the Lipa’s Ayala Highway, occupies 103,242 square meters (sqm) of land, with 77,682 sqm of gross floor area.
18 Sep
2006
SM Group gains control of Aklan Property
NABAS, Aklan—Tycoon Henry Sy has bought majority control of a 430-hectare property here that is being eyed as recreation area for local and foreign tourists visiting Boracay Island.
14 Sep
2006
Supermalls gain popularity, but retailers not favoring one format
Big-space shopping centers are becoming popular retail formats given their revenue-generating and customer-convenience appeal. They have, however, yet to significantly affect the market share of smaller-sized operations, and Philippine retailers are finding their own approaches as competition intensifies.
13 Sep
2006
SM Rolls out high-tier loyalty program
SM Mart, Inc. has launched the SM Advantage Prestige, an elite membership club of the SM Advantage, the consumer loyalty program of SM retail stores.
12 Sep
2006
NEDA: SM mall will enhance economy of Cagayan Valley
The proposed construction of an SM mall in Cagayan Valley is seen to further enhance the region’s economic turnaround after a rebound in its agriculture production
11 Sep
2006
BPOs, OFWs are it in real estate
PROPERTY advisory firm CB Richard Ellis Philippines said the real estate sector will continue to be buoyed by hefty demand for office spaces particularly from business process and outsourcing firms which in turn, will boost expansion of retail development in the provinces, it said in a study dated Aug. 28.
04 Sep
2006
Property sector outlook bullish on strong demand … but mall business expected to lag office, residential segments
Prospects for the Philippine property sector remain bullish as office space vacancies continue to shrink in the Makati central business district (CBD) demand for Metro Manila residential units increases.
28 Aug
2006
SM Prime seen to post higher profit
Stock brokerage firm ATR-Kin-Eng Securities has raised its 2007 net profit target for SM Prime Holdings Inc. by three percent to P6.59 billion, mainly due to stronger cash flows from new malls.
26 Aug
2006
Solon wants malls to allow free parking for Christmas
THIS Christmas season, a Metro Manila congressman wants shopping mall owners to temporarily give up parking fee collections. Pasig Representative Robert “DodotJaworski Jr. said this would be the best Christmas
