It was a shining moment for SM Prime Holdings Ine. at the prestigious Mall China Golden Mall Awards 2015 recently at the Shangri-La Hotel in Shenzhen, China.

SM Prime Holdings Inc. has shelled out some P1.6 billion to buy a two-hectare land on Edsa-Guadalupe area in Makati.

The acquisition, property consulting firm Savills said in its second-quarter Asia-Pacific quarterly report, was in line with the current market trend in the country where developers are “consolidating big parcels of land to build self-sustaining, master planned townships.”

A LARGE NUMBER of Philippine groups and entities, including the Philippine Basketball Association (PBA) and Mall of Asia (MOA) Arena, are among the finalists in the first-ever Sports Industry Awards (SPIA) Asia, organizers said.

THE SM Group has forged a deal to bring House of Blues to the Philippines, marking the chain of live music concert halls and restaurants’ maiden franchise outside the United States.

The Philippine real estate industry continues to grow in strength, and remains an attractive option for investors, but poor infrastructure and connectivity could pose problems in future.

It was a shining moment for SM Prime Holdings Inc. at the prestigious Mall China Golden Mall Awards 2015 held recently at the Shangri-La Hotel in Shenzhen, China.