23 Sep
2016
SM wins in London awards
SM SUPERMALLS WINS THE PRESTIGIOUS BRAND OF THE YEAR AWARD, National Tier 2016-2017, during the World Branding Awards ceremonies at London’s Kensington Palace. The Awards recognizes the achievement of some of
12 Aug
2016
SM wins 3 Xiamen New Business Awards
On the evening of Aug.10 2016, SM City Xiamen was recognized as “2016 Xiamen New Business Landmark Awards – the Most Popular Shopping Center”, and Xiamen Lifestyle Center was awarded
01 Aug
2016
SM Prime Core Net Income Rises 12% in 1H2016
(01 August 2016. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP12.6 billion from PHP11.2
28 Jul
2016
SM Prime marked 3rd listing of Retail Bonds with issuance of PhP 10 Billion fixed rate bonds due 2026
(Left to right) SM Prime’s VP for Investor Relations Alexander D.Pomento, Chief Finance Officer John C. Ong, Executive Vice President Jeffrey C.Lim, VP for Finance Teresa Cecilia Reyes-Agsalud, AVP for
12 Jul
2016
SM Prime Php10 Billion Retail Bonds Priced at 4.2005% p.a.
(July 12, 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% p.a. SM Prime will issue
01 Jul
2016
Growing Further Beyond The Metropolis
SM Supermalls, SM Prime’s mall development and operations group, continues to deliver its promise of providing the ultimate in family fun mall experience and reaches further to more shoppers with
21 Jun
2016
SM Prime Bagged Three Awards in Asian Excellence Award 2016
From Left to Right) SM Prime Executive Vice President Jeffrey Lim; Corporate Governance Asia Publisher and Managing Director Aldrin Monsod (21 June 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime),
15 Jun
2016
Conrad Hotels & Resorts Debuts Smart Luxury in the Philippines with Opening of Conrad Manila
MANILA, Philippines and MCLEAN, Va. – June 15, 2016 – Today, the inspired luxury of Conrad Hotels & Resorts makes its debut in the Philippines with the opening of Conrad Manila. Owned by SM
12 May
2016
SM Prime Accelerates Expansion with Opening of 58th Mall in the Country
Façade of SM City Trece Martires in Cavite (12 May 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its
02 May
2016
SM Prime’s Recurring Net Income Up 12% in 1Q2016
SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a core net income growth of 12% in the first quarter of 2016 to PHP5.8 billion while consolidated
20 Sep
2006
SM opens 28th mall in Lipa City
Shopping mall giant SM Prime Holdings Inc. will open this Friday its second mall in Batangas — SM City Lipa — aimed at taking advantage of the area’s huge and progressive population base.
19 Sep
2006
SM Prime Opens 2nd Mall in Batangas with SM City Lipa
SM Prime Holdings, Inc. (SM Prime) will open its second mall in Batangas Province on September 22. SM City Lipa, which is strategically located along the Lipa’s Ayala Highway, occupies 103,242 square meters (sqm) of land, with 77,682 sqm of gross floor area.
18 Sep
2006
SM Group gains control of Aklan Property
NABAS, Aklan—Tycoon Henry Sy has bought majority control of a 430-hectare property here that is being eyed as recreation area for local and foreign tourists visiting Boracay Island.
14 Sep
2006
Supermalls gain popularity, but retailers not favoring one format
Big-space shopping centers are becoming popular retail formats given their revenue-generating and customer-convenience appeal. They have, however, yet to significantly affect the market share of smaller-sized operations, and Philippine retailers are finding their own approaches as competition intensifies.
13 Sep
2006
SM Rolls out high-tier loyalty program
SM Mart, Inc. has launched the SM Advantage Prestige, an elite membership club of the SM Advantage, the consumer loyalty program of SM retail stores.
12 Sep
2006
NEDA: SM mall will enhance economy of Cagayan Valley
The proposed construction of an SM mall in Cagayan Valley is seen to further enhance the region’s economic turnaround after a rebound in its agriculture production
11 Sep
2006
BPOs, OFWs are it in real estate
PROPERTY advisory firm CB Richard Ellis Philippines said the real estate sector will continue to be buoyed by hefty demand for office spaces particularly from business process and outsourcing firms which in turn, will boost expansion of retail development in the provinces, it said in a study dated Aug. 28.
04 Sep
2006
Property sector outlook bullish on strong demand … but mall business expected to lag office, residential segments
Prospects for the Philippine property sector remain bullish as office space vacancies continue to shrink in the Makati central business district (CBD) demand for Metro Manila residential units increases.
28 Aug
2006
SM Prime seen to post higher profit
Stock brokerage firm ATR-Kin-Eng Securities has raised its 2007 net profit target for SM Prime Holdings Inc. by three percent to P6.59 billion, mainly due to stronger cash flows from new malls.
26 Aug
2006
Solon wants malls to allow free parking for Christmas
THIS Christmas season, a Metro Manila congressman wants shopping mall owners to temporarily give up parking fee collections. Pasig Representative Robert “DodotJaworski Jr. said this would be the best Christmas