21 Feb
2022
SM Prime’s Net Income Reported PHP21.8 Billion in 2021
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a PHP6.2 billion consolidated net income in the fourth quarter of 2021. The Company’s consolidated revenues registered PHP25.5 billion, which is 20% higher from PHP21.2 billion in the same period being reviewed. Likewise, consolidated operating income increased by 67% to PHP10.8 billion in the fourth quarter of 2021 from PHP6.5 billion in 2020.
07 Feb
2022
Horizon Terraces Garden Villas: In-Demand Flexible Homes with Picturesque Views
Lush naturescapes have often been taken for granted for their sheer accessibility. That is, until a pandemic kept most Filipinos cloistered at home for two years and are now yearning to reconnect with nature. With studies showing that appreciating beautiful nature views promotes better mental health and a more positive outlook in life, property seekers are manifesting a growing preference for flexible homes with their own garden or ample backyard space.
04 Jan
2022
Tagaytay Highlands’ 2022 Outlook Bullish, Buoyed by DHSUD Award
Tagaytay Highlands ushers in the New Year with a special recognition from the Department of Human Settlements and Urban Development (DHSUD) hailing its developer Highlands Prime, Inc. (HPI), a subsidiary of SM Prime Holdings, as one of CALABARZON’s 2021 Outstanding Developers for Open Market Projects.
20 Dec
2021
SMX Convention Center Named Best Convention Center in The Philippines
SMX Convention Center Manila was recently named by World M.I.C.E Awards as the Best Convention Center in the Philippines for 2021. World M.I.C.E. Awards is an annual citation to honor the outstanding leaders in the M.I.C.E. (Meetings, Incentives, Conferences and Exhibitions) industry.
09 Dec
2021
Finding refuge amidst nature in Hamilo Coast
With the onset of COVID-19, Filipinos and the rest of the world have had to deal with an unprecedented upheaval in their lives: lockdown. Being confined in one’s home for an uncertain duration, with limited movement and access, required drastic adjustment, with some people inevitably experiencing higher levels of anxiety.
01 Dec
2021
Horizon Terraces Garden Suites: Come Home for Christmas Amid Nature Views
Dreaming of a green Christmas with the grandeur of nature in full view? You probably are if a nasty virus had you cloistered in a high-density condo or residential district in the congested metro for nearly two years. Now, all you want for Christmas is a place of your own surrounded by plentiful open green spaces that meet the World Health Organization’s (WHO) standards for adequate exposure to nature and opportunities for outdoor activities.
27 Nov
2021
A Season of Joy and Hope at Pico de Loro Cove
27 November 2021, Nasugbu, Batangas City Philippines– Pico de Loro Cove welcomes the holiday season with a Christmas Tree Lighting ceremony led by SM Hotels and Conventions Corp. President Ms.
24 Nov
2021
SM City Grand Central: SM Prime’s Newest Mall Destination in Metro Manila
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, is scheduled to open SM City Grand Central on November 26th, Friday. This latest development will add more than 116,000 sqm of gross floor area (GFA) in the Company’s mall portfolio providing six levels of retail spaces meant for a whole new level of shopping, dining, entertainment and recreational experiences in the City of Caloocan.
24 Nov
2021
Park Inn by Radisson Bacolod Welcomed the Holiday Season with its Newly-Opened Art Gallery and Tree Lighting Ceremony
Park Inn by Radisson Bacolod, the new and vibrant upper midscale hotel in the City of Smiles, formalized its opening through a festive welcome of the holiday season.
23 Nov
2021
SMX Meetings: Small in Scale, Great in Value
SMX Convention Center (SMXCC), the leading convention center in the country, remains committed to adapting to the market’s evolving needs in light of the pandemic. As such, customized small meeting packages suitable for mid-year and budget planning sessions have been made available, without compromising guests’ safety and while abiding by #SMXsafespaces protocols.
15 Jul
2013
SM Prime profits jump 15 pct to P5.6-B
MANILA, Philippines – Mall developer and operator SM Prime Holdings on Monday said its net income for the first half jumped 15% to P5.64 billion, helped by the opening of new malls.
12 Jul
2013
Roles Henry Sy sons play
MANILA, Philippines – Two of the 6 children of the country’s richest man finalized and identified their roles in the newly merged integrated real estate company set to expand more aggressively beyond Philippine borders.
12 Jul
2013
Sy brothers join forces for SM Prime
Amid speculation about why Hans Sy’s SM Prime is taking over elder brother Henry Sy Jr.’s SMDC, the younger brother says they both have their work cut out for them.
12 Jul
2013
SM Prime Holdings-Merger
12 Jul
2013
SM Prime building four malls in China
SM Prime Holdings Inc., the biggest shopping mall operator and developer, said Thursday it plans to build new shopping malls in three or four locations in China.
12 Jul
2013
SM Prime set to become Asia‘s largest property firm
Tycoon Henry Sy’s flagship property unit SM Prime Holdings Inc. has obtained the approval of stockholders to undertake a P279-billion transaction that will consolidate all affiliate property firms and create what may become Southeast Asia’s largest property firm.
11 Jul
2013
Shareholders approve merger of SM Prime with SM Land
SHAREHOLDERS of SM Prime Holdings, Inc. have approved the firm’s merger with SM Land, Inc., paving the way for the consolidation of SM Group’s real estate assets under the listed mall developer.
11 Jul
2013
SM property unit to be biggest in Southeast Asia
The enlarged property unit of SM Group, soon to become Southeast Asia’s biggest real-estate developer with $14 billion in capital, is looking at building more integrated projects in the country although revenues from its mall operation will continue to be its main growth driver.
11 Jul
2013
SM Prime explores reg’l opportunities
The enlarged SM Prime Holdings Inc., which now includes SM Development Corporation (SMDC) and Highlands Prime Inc., will explore opportunities in the region as the recent merger of the SM group’s property units has transformed it into the biggest real estate firm southeast Asia.
11 Jul
2013
Shareholders approve SM merger
SM Prime Holdings Inc. said Wednesday shareholders approved the planned merger with SM Land Inc. and the increase in the company’s authorized capital stock to P40 billion.