FOR decades, the SM Group has consistently been one of the few major organizations driving the growth of the country’s leisure and retail development scene.

TACLOBAN – Two tree-planting activities, the 15th and 16th, were recently conducted by the SM Foundation in Samar and Leyte.

Tables for guests. The main dining room of the Radisson Blu Hotel, which is managed by the Carlson Rezidor Hotel Group, is large enough to accommodate tourists and locals alike. Carlson Rezidor vice president for operations in Southeast Asia and the Pacific said there is strong interest in tourism investments for the country but worries about the outdated infrastructure. (Sun.Star File)

MANILA — The Philippines’ largest property companies continued to build up their earnings in the third quarter of 2015. Economic tailwinds, such as steady increases in overseas remittances and outsourcing-sector revenues, helped them to maintain momentum.

Bricks still click.

Although challenged by the e-commerce boom, brick-and-mortar companies continue to strive since, for decades, they have been part of the lives of millions of Filipinos.

SM Prime Holdings, Inc. (SM Prime), the leading integrated property company in the Philippines, was cited for three major awards in the recent Southeast Asia Property Awards in Singapore.

IMPLEMENTATION of the master plan for the 26-hectare joint venture in South Road Properties (SRP) between SM and Ayala Land Inc. will begin after the International Eucharistic Congress celebration next year, said SM Prime Holdings Vice President Marissa Fernan.

THE Philippine property sector is in for more bullish years ahead, as developers will be busy on their big-ticket projects in the pipeline, online property-listing company Lamudi Philippines has observed.