29 Nov
2013
SM Prime opens SM City BF Paranaque
(28 November 2013. Pasay City, Philippines.) SM Prime Holdings, Inc., the Philippines’ dominant mall developer and operator will redefine the community’s movie experience with the opening of SM City BF
26 Nov
2013
SMDC launches Trees Residences in Quezon City
(26 November 2013. Pasay City, Philippines) SM Development Corporation (SMDC) has launched Trees Residences in Novaliches, Quezon City. Trees Residences promises its residents upscale living and greater convenience at even
20 Nov
2013
SM holds Top Leaders’ Forum: Incentives for Resilient Investment
(20 November 2013. Pasay City, Philippines) SM Prime Holdings, Inc. with the United Nations Office for Disaster Risk Reduction will jointly tackle discussions on increasing private sector resilience through business
04 Nov
2013
SM Prime net income grows 14% to Php8.4 billion
(04 November 2013, Pasay City, Philippines) Shopping mall developer SM Prime Holdings, Inc. reported that its net income grew 14% to Php8.43 billion from Php7.40 billion in the same period
08 Oct
2013
Convenience at Your Doorstep: SMDC Jazz Mall
(8 October 2013. Pasay City, Philippines.) Real estate developer SM Development Corporation (SMDC) recently launched the Jazz Mall, a retail podium built inside the towering Jazz Residences condominium complex in
01 Oct
2013
SMDC Turns Over Units of Light Residences in Mandaluyong to Condo Owners
(1 October 2013. Pasay City, Philippines) SM Development Corp.(SMDC), the residential development arm of the SM Group has started the turnover of units at Tower 1 of Light Residences, a
24 Jul
2013
SM Supermalls Tackle Business Resilience Amid Climate Change in 4th Green Retail Agenda
(24 July 2013. Pasay City, Philippines.) SM Supermalls will tackle business continuity amidst climate change in its annual Green Retail Agenda conference on July 24. The SM Green Retail Agenda
15 Jul
2013
SM Prime Builds Xiamen’s First Solar-Powered Mall
(08 July 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. built a 1.1 Megawatt Rooftop Solar Power Project in its mall, the first of its kind in Xiamen, Fujian Province,
11 Jul
2013
SM Prime Shareholders Approve Merger
(10 July 2013. Pasay City, Philippines.) Shareholders of SM Prime Holdings, Inc. (SM Prime) approved today a merger between the company and SM Land, Inc. which will pave the way for the
23 May
2013
SM Prime’s Hans Sy Speaks About Disaster Risk Reduction At UN Forum
(23 May 2013. Pasay City, Philippines.) Investing in disaster risk reduction is good for business, says SM Prime Holdings, Inc. President Hans T. Sy at a global forum organized by
Stories
09 May
2007
SM Prime nets P1.5 B in Q1, up 11%
SM Prime Holdings, Inc., the country’s leading shopping mall developer and operator, reported an 11 percent rise in net income for the first quarter of the year to P1.5 billion, while EBITDA jumped 19 percent to P2.5 billion for an EBITDA margin of 71 percent.
09 May
2007
SM Prime profit jumps 11% to P1.5B in Q1
Shopping mall giant SM Prime Holdings Inc. posted a net profit of P1.5 billion in the first quarter this year, up 11 percent from a year ago on higher income from lease operations.
09 May
2007
New shopping malls earnings raise SM Prime’s net income
SM Prime Holdings Inc. said on Tuesday its first-quarter earnings climbed with the addition of new malls and the expansion of existing ones. In a statement, the Philippines’ biggest mall developer and operator said its net income for the first three months rose 11 percent to P1.5 billion.
03 May
2007
SM PRIME ‘Willing To Wait’ For Control Of South Road Properties
SM Prime Holdings Inc. (SMPHI) president Hans Sy has said the company is willing to wait on its plan to take full control over the 295-hectare (ha) South Road Properties (SRP) in Cebu City.
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
