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.
03 Jun
2013
SM group to fold property units in shopping mall arm
MANILA – (May 31, 2013) The SM group has approved the consolidation of the property-related businesses of tycoon Henry Sy Sr. under SM Prime Holdings Inc, making it an integrated real estate company.
03 Jun
2013
Philippines Merger Creates Mega-Property Company
May 31, 2013 — Philippines’ SM Investment Corporation announced today it is consolidating three of its main property businesses under SM Prime, the country’s largest shopping mall operator, to create the country’s biggest real estate company.
03 Jun
2013
SM Foundation presents 225 scholar graduates to Sy family
MANILA, Philippines – As another school year is about to begin, SM Foundation will proudly present to the Sy family 225 SM scholar graduates who finished their baccalaureate degrees at the close of school year 2012-2013. Four summa cum laude graduates — Cederic Aeron R. Baybayon, Jennifer Z. Camenting and Dan Jeward Rubis graduates of the National University and Jessica Aliana S. Habunal from the Central Philippines University in Iloilo — lead this batch of scholar graduates.
31 May
2013
SM approves consolidation of property units under SM Prime
MANILA, Philippines—Tycoon Henry Sy-led SM Investments Corp. has obtained board approval to consolidate all property units into a single publicly listed entity under SM Prime Holdings Inc., potentially creating the country’s largest property company.
31 May
2013
SM group to form Philippines’ biggest property firm
May 31 (Reuters) – SM Prime Holdings said it will nearly double in size to become the Philippines’ biggest property firm by absorbing all the real estate-related interests of the SM group through mergers with other units.
31 May
2013
SM group creates property behemoth
MANILA, Philippines (UPDATED) – The mall and property units of the the SM Group are merging to create a corporate behemoth and dislodge Ayala Land Inc as the country’s biggest property group.
31 May
2013
Billionaire Henry Sy to Merge Real Estate Holdings in SM Prime
Philippine billionaire Henry Sy will merge property units and assets under SM Prime Holdings Inc. (SMPH) this year that will create the country’s biggest developer.
31 May
2013
SM property companies in mega-merger
MANILA, Philippines – The Henry Sy-led SM Investments Corp. on Friday announced a consolidation of its property businesses, to be folded under SM Prime Holdings, creating the country’s largest property company by market capitalization and one of the biggest in Asia as well.
30 May
2013
U.N. pushes business to share responsibility for disaster reduction
May 29, 2013 — GENEVA (Thomson Reuters Foundation) – In the Philippine capital Manila, retail giant SM Prime Holdings Inc. has built a mall without walls on its bottom floor, so floods can pass through, while the main shopping areas are elevated above ground.
30 May
2013
French firm designs SM Aura Store’s Beauty Section
Shoppers at the SM Store at SM Aura Premier are awed at the elegance of its Beauty Section, as well as its exciting mix of new and exclusive products.