08 Oct
2010
SM Prime Signs Lease Contract for Cebu Property
(08 October 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) announced that it has entered into a lease contract with Everjust Realty Development Corporation for a 46,296 square
30 Sep
2010
SM Prime to Open SM City San Pablo
(30 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City San Pablo on Friday, 01 October 2010, its 38th shopping mall in
08 Sep
2010
SM Prime Wins Best Practices Award
(07 September 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, recently won the Emerging Markets Highly Commended award from the Singapore-based
04 Aug
2010
SM Prime Second Quarter 2010 Net Income Rises 11% to Php1.9 Billion
(03 August 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator posted an 11% increase in net income in the second
29 Apr
2010
SM Prime to Open SM City Tarlac
(29 April 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open SM City Tarlac on Friday, 30 April
28 Apr
2010
SM Prime First Quarter 2010 Earnings Up 10%
(27 April 2010. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator reported a 10% increase in its consolidated net income to
02 Feb
2010
SM Prime full year 2009 net income rises 10% to Php7.0 billion
(18 February 2010. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a consolidated net income of Php7.0 billion from January
18 Nov
2009
SM Prime to Open SM City Rosario in Cavite
(18 November 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM City Rosario on Friday, 20 November 2009, its 36th shopping mall in the
09 Nov
2009
SM Prime Jan to Sep 09 Net Income Up 8% to Php5.1 Billion
(09 November 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ largest shopping mall developer and operator, realized a consolidated net income of Php5.1 billion in January to September 2009,
30 Sep
2009
SM Prime to Open SM Center Las Piñas
(30 September 2009. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) is set to open SM Center Las Piñas on Friday, 02 October 2009 its 35th shopping mall in
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
