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.
15 Apr
2015
SM Prime to spend P80 billion this year for expansion
MANILA – SM Prime Holdings Inc. said it will increase its spending this year to P80 billion as it continues to expand its mall, office, and residential business.
15 Apr
2015
SM Prime sets aside P20B yearly for China expansion
SM Prime Holdings, Inc. is spending P20 billion annually to beef up its business in China, with focus on building homes for the first time near its malls there ahead of a possible real estate investment trust (REIT) issuance, company officials said yesterday.
15 Apr
2015
SM Prime plans to double income via P200 billion capex
SM Prime Holdings Corp. will spend some P200 billion during the next two to three years in a move its top executive said would allow the country’s largest property company to achieve its target of doubling its income by 2018.
15 Apr
2015
SM PRIME To Spend P330B
SM Prime Holdings, Inc. (SM Prime) has budgeted over P330 billion in the next four years until 2018 – of which almost P80 billion will be spent in 2015 — to support its aggressive expansion program.
15 Apr
2015
Sy to spend P20b yearly in China
SM Prime Holdings Inc., the country’s largest property developer owned by billionaire Henry Sy, said it will spend P20 billion annually in China to expand its shopping malls, launch residential projects and acquire lots for future development.
15 Apr
2015
SM Prime unleashes P330-B investment spree
MANILA, Philippines – SM Prime Holdings Inc., the integrated property firm of the SM Group, will continue with its investment spree in the coming years as it pursues expansion in the Philippines and China.
15 Apr
2015
Philippines mall giant targets China in $4.5 bn investment
Philippine shopping mall giant SM Prime owned by the country’s richest man plans to invest 200 billion pesos ($4.5 billion) over the next two years locally and in China, the company said Tuesday.
15 Apr
2015
SM Prime earmarks P80B for 2015 expansion projects
MANILA, Philippines–SM Prime Holdings Inc., one of the leading integrated property companies in Southeast Asia, will spend almost P80 billion in 2015 to support its aggressive expansion program.
15 Apr
2015
SM Prime sets P20-B annual budget for China expansion
SM eyes to put more shopping malls, landbanking activities, and residential projects in the 2nd largest economy in the world
15 Apr
2015
SM E-Com eyes more BPO tenants
SM Prime Holdings Inc., the property-development arm of Filipino-Chinese billionaire Henry Sy’s SM group of companies, will continue to capitalize on the growth of the country’s business-process outsourcing (BPO) industry by building e-commerce (E-Com) centers in strategic locations in Metro Manila.