12 Oct
2015
The much awaited reopening of Cherry
After months of waiting, Cherry Shaw and Cherry Congressional are finally reopening their doors on October 13 and October 15, 2015, respectively, with a renewed enthusiasm to serve. Having served
08 Oct
2015
SM City Cabanatuan: SM Opens New Destination Mall at the Gateway of the North
(08 October 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens SM City Cabanatuan on October 9, 2015.
18 Sep
2015
SM Prime to Issue up to Php15 Billion Fixed Rate Retail Bonds with an over subscription option of up to Php5 Billion
SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds up to Php15 Billion with an over subscription option
14 Sep
2015
SM Prime’s Hamilo Coast takes leadership position in sustainable practices
In an important milestone, Hamilo Coast, SM Prime’s premier beach resort community in Nasugbu, Batangas was recently conferred the Bronze Benchmarked status through EarthCheck, the world’s leading scientific benchmarking, certification
07 Sep
2015
SM Prime Wins Gold Award for China Mall
SM Supermalls Senior Vice President (fourth from right) Steven Tan receives the Mall China Golden Mall Award on behalf of SM. With Mr. Tan are the other winners and the
18 Aug
2015
SM Mall designs through the decades
The sleek designs, open spaces, and iconic edifices in the newest SM malls are attracting shoppers who have become more aware and appreciative of style, fashion and global trends. Architect
03 Aug
2015
SM Prime’s Recurring Income Grows 15% in H1 2015
(03 August 2015. Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, registered a consolidated net income growth of 90% to
14 Jul
2015
SM Prime hailed as the Best Developer in the Philippines Property Awards 2015
(14 July 2015, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, won the Best Developer Award, the highest award given by
13 Jul
2015
SM Prime’s Mall Brand Cited as Most Trusted in the Philippines
SM Prime’s mall team receives the Reader’s Digest’s Most Trusted Brand Award 2015. Sheron White of Reader’s Digest is joined by the SM Supermalls Team (from left) Grace Magno, VP
30 Jun
2015
SM-ALI group consortium won the bid in SRP, Cebu City
CEBU CITY, June 30, 2015 — Two of the country’s property giants joined forces and successfully secured the winning bid of 10 billion for a portion of the South Road Properties (SRP)
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.