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.