30 Jul
2012
SM Prime Boosts Second Quarter 2012 Profits by 16% to Php2.49 Billion
(30 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, posted a better than expected 16%increase in net income for
19 Jul
2012
SM Prime to Open SM City San Fernando in Pampanga
(19 July 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator, is set to open its 44th shopping mall in the country,
29 May
2012
SM Prime Holdings, Inc. Signs Php7.5 Billion Notes Facility Agreement
(May 29, 2012) SM Prime Holdings, Inc. (SM Prime) recently signed a Php7.5 billion notes facility agreement. The notes facility, consisting of five- and ten-year floating rate notes and five-
25 Apr
2012
SM Prime Continues to Outperform in 1Q2012, Earnings Up 15%
(24 April 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, started the year strong by continuing to exceed its growth
17 Apr
2012
SM Prime Holdings, Inc. Holds Multi-sectoral Meeting with DILG
A multi-sectoral meeting was held this afternoon in the DILG office in camp crame chaired by DILG Secretary Jesse Robredo to discuss the concerns on the expansion of SM City
11 Apr
2012
SM TO PLANT 50,000 TREES…
“SM city Baguio HAS started the procedure of replanting the trees that will be affected by its expansion. The mall expansion is a spin off from the top soil erosion
03 Apr
2012
SM Prime Set to Expand SM City Bacolod
(30 March 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, is set to expand its existing SM City Bacolod in
17 Feb
2012
SM Prime Posts 15% Growth in 2011 Net Income of Php9.1 billion
(17 February 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, exceeded its 2011 profit growth target by attaining a 15%
09 Feb
2012
SM Prime to Open SM City Olongapo
(09 February 2012. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant mall developer and operator is set to open SM City Olongapo on Friday, 10 February
11 Nov
2011
SM Prime January to September 2011 Earnings Up 14% to Php6.4 billion
(3 November 2011. Pasay City, Philippines.) SM Prime Holdings, Inc. (SM Prime), the Philippines’ dominant shopping mall developer and operator, reported a 14% increase in consolidated net income for the first nine
Stories
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
