08 Nov

2021

SM Prime 9M21 Net Income Up by 9%; Reservation Sales Increases by 14%

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported a 9% increase in consolidated net income to PHP 15.6 billion in the first nine months of 2021 from PHP14.4 billion in the same period last year. Consolidated revenue recorded PHP56.8 billion, 6% lower from PHP60.7 billion in the same period being reviewed.

08 Nov

2021

SM Prime supports the Task Force on Climate-related Disclosures

SM Prime Holdings, Inc. (SM Prime) joins more than 2,500 organizations worldwide in supporting the Task Force on Climate-related Financial Disclosures (TCFD) and its goal of creating a more resilient financial system through better climate risk disclosures. 

03 Nov

2021

Tagaytay Highlands bares hopes for gladder tidings this Yuletide

It’s beginning to look a lot like Christmas at Tagaytay Highlands, with its homeowners getting all psyched up for the most wonderful time of the year. For one, while precautionary measures remain in place in the premier mountain resort community, it has its holiday agenda all mapped out to ensure that residents’ Yuletide celebrations will be merry and bright.

03 Nov

2021

Ten Outstanding Local Governance Units honored in Galing Pook Awards 2021

Ten outstanding local governance programs from different cities, municipalities, and provinces across the country were recognized in the 2021 Galing Pook Awards.

29 Oct

2021

SM Prime Issues Interest Rate for Retail Bond Series O

SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series O, 7-year retail bond at 5.0994 per cent due on 2028.

20 Oct

2021

SM Supermalls, ARISE Philippines and Korean Embassy celebrate International Day for Disaster Risk Reduction

SM Supermalls, in partnership with the Embassy of the Republic of Korea in the Philippines and ARISE Private Sector Alliance for Disaster Resilient Societies – Philippines, hosted a webinar last October 13 on disaster risk reduction (DRR) in celebration of the International Day for Disaster Risk Reduction.

13 Oct

2021

SM Prime to Open New Mall in Daet, Camarines Norte

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, will open SM City Daet on Friday, October 15th, its newest and first mall in the Province of Camarines Norte. This is also the Company’s third mall in the Bicol Region, which will add 47,000 square meters (sqm.) of gross floor area (GFA) in its mall portfolio.

11 Oct

2021

Pico Sands Hotel Donates Vaccines

Inspired by the spirit of unity and camaraderie in the midst of adversity, Pico de Loro Beach and Country Club and Pico Sands Hotel donated 200 doses of AstraZeneca COVID-19 vaccines to the Rural Health Unit of Nasugbu, Batangas last October 4, 2021. In the same way the properties ensure that the staff have secure and comfortable access to vaccines, they likewise endeavor to extend a helping hand to all those in need through actionable programs. Certainly, though the pandemic has posed incredible challenges, everyone remains headstrong in its wake, in part thanks to the support of loved ones and the community.

01 Oct

2021

SM Prime Targets to Minimize Operations’ Carbon Footprint Through Enhanced Sustainability Program

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, sets a new milestone in its sustainability program as the Company commits to expand its energy source portfolio gearing towards clean energy across all of its business segments over the medium term.

01 Oct

2021

Hamilo Coast Safeguards Its Marine Biodiversity

In line with its core emphasis on sustainable tourism and environmentally conscious living, Costa Del Hamilo, Inc. (CDHI), a leader in the leisure resort industry and the movers behind Hamilo Coast in Nasugbu, Batangas, recently completed a Marine Protected Area (MPA) assessment. The sites targeted were three of 12 coves in the property, established as MPAs for CDHI’s Sustainable Development Project, implemented from 2017 to 2019.

03 May

2018

ABS-CBN News: SM to open second mall in Pangasinan

MANILA – SM Prime Holdings on Thursday said it would open its second mall in Pangasinan.

03 May

2018

Manila Bulletin: Visa, SM partners for nationwide contactless paymentsSM Prime opening Urdaneta mall today

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, is opening its second mall in the Province of Pangasinan, SM City Urdaneta Central, today, Friday.

03 May

2018

The Manila Standard: SM Prime set to open second Pangasinan mall

SM Prime Holdings Inc., the country’s leading shopping mall and residential developer, said it will open its second mall in Pangasinan province Friday.

03 May

2018

Philippine Daily Inquirer: SM Prime opens new mall in Pangasinan

Property giant SM Prime is set to open SM City Urdaneta Central – its second shopping mall in the Province of Pangasinan and the 69th in the Philippines – on Friday (May 4).

02 May

2018

Business World: SM Prime to set up own online platform

SM PRIME Holdings, Inc. will be launching its own online platform within the year, in a bid to capture a slice of the booming e-commerce market.

30 Apr

2018

Business World: SMDC to expand condominium project in China

SM Development Corp. (SMDC) looks to launch three residential towers in its two-hectare property in Chengdu, China by August, citing the demand for such a project in the area.

26 Apr

2018

The Philippine Star: SM positions Pasay-Parañaque reclamation project as next Hong Kong

MANILA, Philippines — The SM Group plans to transform its reclamation project along the Pasay-Parañaque border into the next Hong Kong, a goal that will be further bolstered by the proposed lowering of corporate income tax rates under the second tax reform package.

26 Apr

2018

Philippine Daily Inquirer: SM buys airport casino lot

Property giant SM Prime Holdings has acquired the 11-hectare property where the old Casino Filipino complex once stood near the Ninoy Aquino International Airport in Parañaque for around P6 billion, planning to transform the site into a new residential hub given the strong demand for urban residential space.

25 Apr

2018

Business World: SM Prime allots P80B for capex

SM Prime Holdings, Inc. (SMPH) said on Tuesday it earmarked P80 billion for capital spending in 2018, as it focuses on provincial areas with high-growth potential.

25 Apr

2018

Nikkei Asia: Philippines’ SM Prime puts brakes on China expansion

MANILA — SM Prime Holdings, one of Southeast Asia’s most valuable real estate developers, is slowing its expansion in China to focus on the Philippines where returns are more attractive, top company officials said on Tuesday.

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