03 May
2017
SM Prime Sets Interest Rates for Php15 Billion Retail Bonds
(03 May 2017, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime) has set the interest rates for its Peso-denominated Series G, 7-year retail bonds at 5.1683% p.a last May 2. SM
25 Apr
2017
SM Prime to spend at least PHP50 billion to develop provincial cities
(25 April 2017. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, plans to spend at least PHP50 billion per annum over the next two years
20 Feb
2017
SM Prime’s Net Income Rose 14% in 2016
(20 February 2017. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a recurring net income growth of 14% in 2016 to PHP23.8 billion from
19 Dec
2016
SM City Tianjin: SM Prime’s 7th mall in China
Artist Perspective of SM City Tianjin (19 December 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, soft opened SM City
06 Dec
2016
SM Prime Opens SM City East Ortigas
Façade of SM City East Ortigas in Pasig (01 December 2016, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its
07 Nov
2016
SM Prime’s Consolidated Net Income up by 15% in 3Q2016
(07 November 2016. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a consolidated net income growth of 15% to PHP4.9 billion in third quarter
14 Oct
2016
SM Bags 4 Asia Pacific Shopping Center Awards
The International Council of Shopping Centers (ICSC) awarded SM Supermalls with four major awards – one Gold, three Silvers, and one Certificate of Merit from the ICSC Foundation – under
23 Sep
2016
SM wins in London awards
SM SUPERMALLS WINS THE PRESTIGIOUS BRAND OF THE YEAR AWARD, National Tier 2016-2017, during the World Branding Awards ceremonies at London’s Kensington Palace. The Awards recognizes the achievement of some of
12 Aug
2016
SM wins 3 Xiamen New Business Awards
On the evening of Aug.10 2016, SM City Xiamen was recognized as “2016 Xiamen New Business Landmark Awards – the Most Popular Shopping Center”, and Xiamen Lifestyle Center was awarded
01 Aug
2016
SM Prime Core Net Income Rises 12% in 1H2016
(01 August 2016. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP12.6 billion from PHP11.2
03 May
2007
Philippines’ property sector is red-hot
THE talk at a recent dinner party in Hong Kong hosted by one of Europe’s largest banks for a group of wealthy clients was centred – surprisingly – on the Philippine property sector.
24 Apr
2007
SM Prime sets aside P35 B to continue expansion binge
SM Prime sets aside P35 B to continue expansion binge Top mall developer SM Prime Holdings Inc. is spending P35 billion over the next five years for the construction of new malls as well as the expansion or renovation of existing malls nationwide.
24 Apr
2007
BusinessWorld: SM Prime sets P35-B plan
SM Prime Holdings, Inc., the country’s largest shopping mall developer and operator, will spend P35 billion in the next five years to open new malls and expand existing ones, President Hans T. Sy said yesterday.
24 Apr
2007
Philippine SM Prime 1Q Rev Likely Up 20%-25% On Year By Newswires
SM Prime Holdings Inc.’s (SMPH.PH) first-quarter revenue likely rose 20%-25% on year on the continued expansion of its shopping mall network, company executives said Monday. SM Prime Executive Vice President Jeffrey Lim said preliminary figures showed 20%-25% on-year growth in revenue in the quarter ended March 31, while same-store sales were up 7% on year.
24 Apr
2007
Philippines’ SM Prime sees 10-13 pct increase in net profit in 2007
SM Prime Holdings Inc expects its net profit to increase by 10-13 pct this year from 5.45 bln pesos last year, according to its president, Hans Sy. ‘Two-thousand-and-seven is very promising in terms of guidance. We are looking at a 10-13 pct increase over 2006 net earnings with the opening of three new malls in Bacolod, Tagaytay and Muntinlupa.
24 Apr
2007
Philippines SM Prime Hikes Capital To PHP20B From PHP10B
SM Prime Holdings Inc.’s (SMPH.PH) revenue in the first quarter likely rose 20%-25% on year, on the back of the continued expansion of its malls, company executives said Monday.
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.
