19 Feb
2025
SM Strengthens Pivot to Solar PVs in Support of DOE’s Renewable Energy Goals
As the world continues to grapple with depleting resources, the need for renewable energy has never been more urgent. Malls, as significant energy consumers, have a unique opportunity to lead
19 Feb
2025
Bringing Light and Hope: SM Cares Partners with Global Peace Foundation to Empower Sustainable Communities
SM Cares, the corporate social responsibility arm of SM Supermalls, has joined hands with the Global Peace Foundation (GPF) Philippines to support the transformative All Lights Village project. This partnership
17 Feb
2025
SM Prime posts record annual profit, up 14% to P45.6 Billion
(February 17, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported its highest-ever consolidated net income of
14 Feb
2025
Hamilo Coast Sets Sail for New Possibilities with M Village at Marina Estates
Escape the ordinary and embrace a life of unparalleled luxury and sustainability at Hamilo Coast’s M Village in Marina Estates. Nestled amidst lush forests, pristine beaches and the majestic Naligang
12 Feb
2025
SM Prime partners with TeaM Energy to boost Solar Energy Capacity
(February 11, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), a leading integrated property developer in Southeast Asia, has signed an agreement with TeaM (Philippines) Energy Corporation
10 Feb
2025
SM Prime and DENR bolster Manila Bay Cleanup Efforts with High-Tech Trash Boat
In a joint effort for Manila Bay, SM Prime Holdings (SM Prime), together with the Department of Environment and Natural Resources (DENR), was present for the handover of a state-of-the-art
10 Feb
2025
SM Prime Announces Interest Rates for Fixed Rate Retail Bond Series Y, Z, and AA
(February 07, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Fixed Rate Bonds Series Y at 6.0282 percent due
06 Feb
2025
SM Prime Boosts Malls and Commercial Property Portfolio with ₱33 Billion Investment
(February 05, 2025, Pasay City, Philippines) – SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is investing up to ₱33 billion this year on its
04 Feb
2025
SM Book Nook Reading Festival brings Filipino stories to life at SM Aura
The SM Book Nook Reading Festival, held on January 31, 2025, at the Book Nook in SM Aura, drew 500 book lovers of all ages for a dynamic celebration of
03 Feb
2025
ARISE Philippines Holds First Annual General Meeting, Setting the Stage for a Resilient 2030
The United Nations Office for Disaster Risk Reduction (UNDRR) Private Sector Alliance for Disaster Resilient Societies (ARISE) Philippines, a leading resilience network in the country, held its first annual general
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.
