23 Dec
2015
SM Prime distinguished as the Best Real Estate Developer (Retail) in the Euromoney Magazine’s 11th Annual Real Estate Survey
(From Left to Right) Mr. Marcus Langston, Euromoney Magazine’s Senior Manager for Asia; Mr. Jeffrey Lim, SM Prime’s Executive Vice President SM Prime Holdings, Inc. (SM Prime), one of the leading
26 Nov
2015
SM Seaside City Cebu: SM Unveils New Regional Landmark In Cebu City
(26 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on
05 Nov
2015
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds; Offer Period Started Yesterday
(05 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, has set the interest rates for its Peso-denominated
04 Nov
2015
SM Prime Cited in Southeast Asia Property Awards 2015
Mega Fashion Hall bags the Southeast Asia Property Award for Best Architectural Design (04 November 2015, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the leading integrated property company in the
02 Nov
2015
SM Prime’s Recurring Income Grows 15% in 9M 2015
(02 November 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a 70% surge in its consolidated net income to PHP22.9 billion
28 Oct
2015
Shopping centers will thrive despite evolving retail landscape
(28 October 2015. Pasay City, Philippines) Malls, which belong to the so-called “brick-and-mortar” businesses, will continue to “click” despite the evolving retail landscape which is enabled by the explosion of
27 Oct
2015
SM Center Sangandaan: SM Prime Opens 1st Mall in Caloocan City (Amendment)
(23 October 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens today SM Center Sangandaan, October 23, 2015. It
23 Oct
2015
SM Center Sangandaan: SM Prime Opens 1st Mall in Caloocan City
(23 October 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens today SM Center Sangandaan, October 23, 2015. It is
12 Oct
2015
The much awaited reopening of Cherry
After months of waiting, Cherry Shaw and Cherry Congressional are finally reopening their doors on October 13 and October 15, 2015, respectively, with a renewed enthusiasm to serve. Having served
08 Oct
2015
SM City Cabanatuan: SM Opens New Destination Mall at the Gateway of the North
(08 October 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens SM City Cabanatuan on October 9, 2015.
17 Nov
2009
SM to build new malls in RP, China next year
THE holding company of the SM group said it plans to build five more malls in the Philippines and one in China next year as it is poised to enter a new growth cycle led by the retail and property businesses. In a briefing, Cora Guidote, SM Investments Corp. (SMIC) vice president for investor relations, said the conglomerate will build new malls in Calamba, Laguna; Novaliches, Quezon City; Tarlac; Masinag in Antipolo City; and San Pablo, Laguna and one in China.
17 Nov
2009
SM Prime plans to build 10 malls in China in 5 yrs.
SM Prime Holdings Inc., the mall developer of the SM Group, is eyeing a total of 10 SM supermalls in China in the next five years to contribute 10 percent of its revenues from the present 2 to 3 percent.
17 Nov
2009
Retail, property businesses prop up SMIC 9-month earnings
MANILA – Earnings of SM Investments Corp. (SMIC), the holding firm of mall magnate Henry Sy, grew 14.3% in the first 9 months of the year, fueled by the strong performance of its retail and property businesses.
17 Nov
2009
Mall and banking group to invest P211B up to 2014
Sy-led SM Investments Corp. (SMIC) is confident the local economy will continue to remain robust in the next five years, disclosing yesterday that it plans to invest as much as P211 billion until 2014.
17 Nov
2009
SMIC earmarks P40.6B for 2010 projects; Jan.-Sept. profit up 14% to P10.8B
SM INVESTMENTS CORP. said Monday it was planning to invest P40.6 billion more in its retail, shopping malls, property, and hotel and entertainment businesses next year.
17 Nov
2009
SM Investments Expects to Post Record Annual Profit
Nov. 16 (Bloomberg) — SM Investments Corp., the holding company of Philippine billionaire Henry Sy, will post a record profit this year as its retail, property, shopping mall and bank units grabbed market share amidst a slowing economy.
17 Nov
2009
SMIC sets massive P211-billion capex over 5 years
MANILA, Philippines – SM Investments Corp. (SMIC), the investment holding firm of the Sy family, has set a massive capital expenditure program worth P211.32 billion over five years to take advantage of a global economic recovery as well as emerging business opportunities.
17 Nov
2009
SM Group sets 2010 capex budget at P41B
THE holding company of the SM Group is planning to increase next year’s spending by more than half as it forges ahead with a five-year plan to double profits to over P30 billion.
12 Nov
2009
The World’s Five Most Shocking Malls
Amusement parks, ice-skating rinks, wave pools, and IMAX theatres—believe it or not, these are all found inside of select malls around the world. And although many know of Minnesota’s Mall of America, which continues to be a popular road trip destination, the shopping centers that beat it in both size and attractions require an international voyage.
12 Nov
2009
SM offers to pay P50 million advance taxes
CEBU, Philippines – The management of SM Prime Holdings Inc. has offered the Cebu City government an advance tax payment of P50 million on condition that the money would be spent for the development of areas surrounding its mall.