02 Aug

2021

SM Prime Reports 12% Increase in 1H2021 Net Income

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP11.6 billion consolidated net income in the first six months of 2021, 12% higher from PHP10.4 billion in the first half of 2020. This is on the back of improvement in second quarter net income to PHP5.2 billion from PHP2.1 billion in the same period last year. First half consolidated revenues recorded at PHP41.1 billion, down 6% from PHP43.7 of 2020’s first half.

30 Jul

2021

Reveries are weatherproof at Tagaytay Highlands

The scorching hot summer has passed and in its wake come the rainy days and constant drizzling of the monsoon season. However, no matter the weather or the season, Tagaytay Highlands continues to indulge residents and their guests with its enjoyable indoor fun and outdoor vibe—rain or shine, weather or not.

30 Jul

2021

A healthy farm-to-table lifestyle at Tagaytay Highlands

And if we are fortunate to have sizeable green spaces around our homes, growing our own produce to share or to sell totally means self-sufficiency in food for the long haul—no matter what happens outside.

19 Jul

2021

Galing Pook Foundation, SM Prime sign MoA in support of Galing Pook Awards

SM Prime Holdings recently entered a five-year partnership with the Galing Pook Foundation (GPF) and the Department of the Interior and Local Government (DILG) Local Government Academy (LGA) in support of the annual Galing Pook Awards, which recognizes local government units for their exemplary governance, innovation, sustainability, and resilience initiatives.

14 Jul

2021

All SM Hotels and Conventions Corp. (SMHCC) Properties Get Safety Seal Certification

All properties under SM Hotels and Conventions Corp (SMHCC) portfolio have recently obtained the Department of Tourism Safety Seal given to accommodation establishments who faithfully comply with the Minimum Public Health Standards (MPHS) set by the government and integrate StaySafe.ph with their contact tracing.

09 Jul

2021

Hamilo Coast Breaks Ground for Sola at Pico De Loro Cove

Costa Del Hamilo Incorporated (CDHI), developer of SM Prime’s premium beach resort communities, held its groundbreaking event last July 5, 2021 for Sola at Pico De Loro Cove – its first horizontal real estate project in the luxury seaside sanctuary of Hamilo Coast in Nasugbu, Batangas.

08 Jul

2021

Fifth Park Inn by Radisson Hotel in the Philippines Opens in Bacolod City

SM Hotels and Conventions Corp (SMHCC) announces the opening of Park Inn by Radisson Bacolod on 8 July 2021. This is the fifth Park Inn by Radisson hotel in SMHCC’s portfolio and is the second hotel under its licensing agreement with Radisson Hotel Group (RHG).

30 Jun

2021

Sola at Pico De Loro Cove brings everything you love together

Many of us have spent our lives hurrying to and fro. Quality time feels like a blur. But when a pandemic marooned everyone at home—where jobs and classes are reduced to online interactions—it dawned on people how important the welfare of the family is and how essential residences and their location are. Cramped apartments, claustrophobic condos or houses in subdivisions which are becoming denser and denser could be taxing in what we call the new abnormal. Alternatives to these were few and far between.

24 Jun

2021

Park Inn by Radisson Clark’s new South Wing brings feel-good vibe to more guests in the Philippines

Park Inn by Radisson, the feel-good brand from Radisson Hotel Group, continues to delight hotel owners and guests in Asia Pacific with its stress-free experiences, laid-back charm and vibrant contemporary design. This colorful upper midscale concept exudes positivity through its “Yes I Can!” service ethos, and the brand’s upbeat attitude is now also being reflected by its rapid regional growth.

03 Jun

2021

SM Hotels and Conventions Corp. (SMHCC) Properties Promote Campaign to Phase Out Single Use Plastics

SMHCC properties fully support the United Nations Environment Program (UNEP) in their Campaign to phase out Single-Use Plastics (SUPs) in the Tourism Sector as it partners with the Philippine Center for Environmental Protection and Sustainable Development, Inc. (PCEPSDI) under the Transforming Tourism Value Chains (TVC) Project, and the Department of Tourism through their sustainability thrust Save Our Spots.

21 Feb

2018

Interaksyon.com: Mall rentals, residential sales boost SM Prime’s 2017 profit

MANILA – Property conglomerate SM Prime Holdings Inc. (SM Prime) on Monday said its profit grew 16 percent last year on the strong performance of its malls and residential businesses.

21 Feb

2018

Manila Bulletin: SM Center Imus now open to public

SM Center Imus, SM Prime Holding’s 68th mall, opened its doors to serve the public just in time for the Chinese New Year festivities last Feb. 16, Friday. It is the sixth SM Supermall to open in Cavite after SM City Bacoor, SM City Dasmarinas, SM City Rosario, SM City Molino, and SM City Trece Martires. There is also an SM Marketmall located in Dasmarinas.

20 Feb

2018

Business World: SM Prime recurring profit up 16%

NEW MALLS and sales of residential properties continued to drive SM Prime Holdings, Inc.’s earnings higher in 2017.

20 Feb

2018

Malaya: Developer’s recurring profit up 16%

SM Prime Holdings, Inc. reporteda recurring profit of P27.6 billion for 2017, a 16 percent increase from P23.8 billion the prior year.

20 Feb

2018

The Manila Times: SM Prime nets P27.6B in 2017

HENRY SY-led SM Prime Holdings, Inc. saw recurring net income grow 16 percent last year to P27.6 billion from P23.8 billion in 2016 on the back of increased sales from new malls and residential projects, underpinned by the sustained economic growth.

20 Feb

2018

The Philippine Star: SM Prime logs 16% profit growth

MANILA, Philippines — SM Prime Holdings Inc., the integrated property company of the Sy family, said its recurring net income went up by 16 percent last year to P27.6 billion from P23.8 billion a year earlier as the mall business and sales of residential units remained strong.

19 Feb

2018

Philippine Daily Inquirer: SM Prime nets P27.6B

Property giant SM Prime Holdings grew its recurring net profit last year by 16 percent to P27.6 billion on higher rental revenue from shopping malls and residential development.

19 Feb

2018

Business Mirror: SM Prime recurring net income grew 16% in 2017

SM Prime Holdings Inc. (SMPH) said it had a recurring net income growth of 16 percent in 2017 to P27.6 billion, from P23.8 billion of prior year on the back of the expansion of its main shopping mall business.

19 Feb

2018

Manila Bulletin: SM Prime posts P27.6 B recurring gains in 2017

SM Prime Holdings Inc., the Philippines’ leading integrated property company, registered a 16 percent growth in recurring net to P27.6 billion in 2017 from P23.8 billion in the prior year.

19 Feb

2018

Manila Standard: SM Prime’s income climbs 16% to P23.8b

Property developer SM Prime Holdings Inc. said recurring net income climbed 16 percent in 2017 to P27.6 billion from P23.8 billion in 2016, boosted by strong mall operations and robust take up of residential projects.

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