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
16 May
2013
SM Prime creates new landmark with SM Aura; Sets new standard in green development
(16 May 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime) has joined hands with the City of Taguig in a public-private partnership project to support Taguig’s bid to
17 Apr
2013
SM Prime First Quarter Profits Up 15% to Php2.79 Billion
(16 April 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading shopping mall developer and operator which currently owns forty-six malls in the Philippines and five
18 Feb
2013
SM Prime Full Year 2012 Net Income Grows 16% to Php10.53 billion
(18 February 2013. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, exceeded its 2012 profit growth target for a second straight
15 Apr
2015
SM Prime to spend P80 billion this year for expansion
MANILA – SM Prime Holdings Inc. said it will increase its spending this year to P80 billion as it continues to expand its mall, office, and residential business.
15 Apr
2015
SM Prime sets aside P20B yearly for China expansion
SM Prime Holdings, Inc. is spending P20 billion annually to beef up its business in China, with focus on building homes for the first time near its malls there ahead of a possible real estate investment trust (REIT) issuance, company officials said yesterday.
15 Apr
2015
SM Prime plans to double income via P200 billion capex
SM Prime Holdings Corp. will spend some P200 billion during the next two to three years in a move its top executive said would allow the country’s largest property company to achieve its target of doubling its income by 2018.
15 Apr
2015
SM PRIME To Spend P330B
SM Prime Holdings, Inc. (SM Prime) has budgeted over P330 billion in the next four years until 2018 – of which almost P80 billion will be spent in 2015 — to support its aggressive expansion program.
15 Apr
2015
Sy to spend P20b yearly in China
SM Prime Holdings Inc., the country’s largest property developer owned by billionaire Henry Sy, said it will spend P20 billion annually in China to expand its shopping malls, launch residential projects and acquire lots for future development.
15 Apr
2015
SM Prime unleashes P330-B investment spree
MANILA, Philippines – SM Prime Holdings Inc., the integrated property firm of the SM Group, will continue with its investment spree in the coming years as it pursues expansion in the Philippines and China.
15 Apr
2015
Philippines mall giant targets China in $4.5 bn investment
Philippine shopping mall giant SM Prime owned by the country’s richest man plans to invest 200 billion pesos ($4.5 billion) over the next two years locally and in China, the company said Tuesday.
15 Apr
2015
SM Prime earmarks P80B for 2015 expansion projects
MANILA, Philippines–SM Prime Holdings Inc., one of the leading integrated property companies in Southeast Asia, will spend almost P80 billion in 2015 to support its aggressive expansion program.
15 Apr
2015
SM Prime sets P20-B annual budget for China expansion
SM eyes to put more shopping malls, landbanking activities, and residential projects in the 2nd largest economy in the world
15 Apr
2015
SM E-Com eyes more BPO tenants
SM Prime Holdings Inc., the property-development arm of Filipino-Chinese billionaire Henry Sy’s SM group of companies, will continue to capitalize on the growth of the country’s business-process outsourcing (BPO) industry by building e-commerce (E-Com) centers in strategic locations in Metro Manila.