24 Apr

2007

SM Prime sees profit rising by double-digits

SM Prime Holdings Inc. said profits this year are poised to grow by double digits, as the Philippines’ largest mall developer and operator saw first-quarter revenues rising by a quarter.

24 Apr

2007

SM Prime Holdings to spend P35B over five-year period

SM Prime Holdings Inc. is setting aside P35 billion over the next five years for the construction of new malls and expansion of existing ones as it seeks to further strengthen its dominant foothold in the shopping mall industry.

06 Apr

2007

SM Offers To Wipe Out Cebu’s Debt Over South Road Properties

A multi-billion-peso offer made by SM Prime Holdings Inc. to take full control over the entire 295-South Road Properties (SRP) will practically wipe out Cebu City’s P6.3 billion (US8.8 million) debt incurred in building the SRP.

04 Apr

2007

Top Manila property firms to bid for airport lot

Five of the Philippines’ top property developers can take part in a state auction for a former airport site in Iloilo city, 290 miles (470 km) south of the capital, the government said on Tuesday.

04 Apr

2007

Five property firms qualified to bid for old Iloilo airport

The bids and awards committee on the privatization of the old Iloilo airport has prequalified all five property developers who last week signified their intention to join the bidding scheduled for April 24.

04 Apr

2007

5 buyers eye 54-ha Iloilo airport property

Five property developers have been pre-qualified to bid for the government’s 54-hectare airport property in Mandurriao, Iloilo City, the Department of Finance (DOF) announced yesterday.

04 Apr

2007

5 top property firms vie for Iloilo prime lot; Old airport site expected to fetch P500M to P2.5B

An inter-agency privatization council said Tuesday it had pre-qualified five top property companies of the tycoons Henry Sy, Andrew Tan and John Gokongwei and the Ayala and Lopez groups to bid for a 54-hectare airport property in Iloilo City on April 24.

06 Mar

2007

SM Offers to Buy Cebu’s South Road Project

The SM group has proposed to buy Cebu City’s 300-hectare (741-acre) South Road Properties, the BusinessWorld newspaper reported, citing Cebu Mayor Tomas Osmena. The government is studying the proposal, Osmena told the daily.

06 Mar

2007

Panasonic and IMAX primes up together for bigger movie thrill

Panasonic and IMAX set off continuous plans to further spawn larger-than-life movie experiences for Filipinos nationwide after the big success of the IMAX theater launch at the SM Mall of Asia last year.

05 Mar

2007

SM’s bid for Cebu property under consideration

The SM Group has proposed to acquire, develop and control the 300-hectare South Road Properties (SRP), a reclaimed special economic zone, through an incorporated joint venture with the Cebu city government.

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