When SM Supercenter Muntinlupa opens its doors on Friday, Nov. 15, it will not only bring great shopping, leisure, and entertainment to the south Metro area, but also mark a milestone as SM Prime Holdings’ 30th supermall.

SAN FERNANDO, Pampanga – If Metro Manila has the largest mall in Asia, this province has the longest mall in the country.

SM Investments Corp. (SMIC), the publicly-traded holding firm led by shopping-mall mogul Henry Sy, will put up a hotel chain for businessmen to bolster its position in the country’s growing tourism industry.

THE HOTEL Investments Group of listed holding firm SM Investments Corp. is planning to put up a hotel chain nationwide in order to tap the growing consumers in the domestic tourism market.

SM Investment Corp. plans to build a string of boutique hotels of 50 rooms each near the SM malls nationwide. For starters, the conglomerate is assessing possible sites in 14 malls.

SM Supercenter Muntinlupa, which has recently opened its doors to the public, will not only bring great shopping, leisure, and entertainment to the south Metro area, but spur economic growth as well.

When SM Supercenter Muntinlupa opens its doors to the public today, Nov 16, it will not only bring great shopping, leisure and entertainment to the south Metro area, but also mark a milestone as SM Prime Holdings’ 30th supermall. Strategically located in a 37,000 square meter property in Barangay Putatan in Muntinlupa City, the two level 54,000-square meter supermall will serve customers in bustling Muntinlupa City, as well as nearby towns in Laguna province. With its eye-catching design and great shopping and fun options, SM City Muntinlupa is envisioned to be one of the major destinations in the area. Its blue and yellow facade makes it stand out, while the interiors are play on color and light, making malling cozy and fun. SM Supercenter Muntinlupa has the SM Hypermarket as its major anchor. Hypermarkets are European concept merging food and non-food merchandise in an exciting one-stop shop, known for its fresh section, exciting concepts like takal-takal and promotions like Shop ‘n Win, the SM Hypermarket has changed the way Filipino homemakers shop. SM Supercenter Muntinlupa will also have four deluxe cinemas and the Quantum Amusement Center for fun around the mall. Shoppers will be delighted with the mall’s service outlets- banks; salon like Bench Fix, David’s, medical and dental services, Southern Sky Travel and Tours, an Everyday Laundry, photography services, as well as courier services like DHL and Mail & More. SM Supercenter Muntinlupa’s design team includes Design Associates, the mall designer’ G&W Associates, the architect of record;DA Adcede Associates; and DDT Konstruct Inc., general contractor.

SM INVESTMENTS Corp., the listed holding firm of tycoon Henry Sy, reported a 14% jump in net income in the three quarters ending September, buoyed by revenues from its retail merchandising, shopping mall and property businesses.

RETAIL giant SM Prime Holdings Inc. (SMPH) is acquiring the Sy family’s three malls in China for roughly P10.8 billion through a share-swap scheme. In a briefing Wednesday, SM Prime executive vice president Jeffrey Lim said the mall operator would still focus on expanding its malls in the provinces but has decided to also gain a foothold in China’s fast-growing economy and use this as a platform for long-term growth.

SM Prime, the country’s largest mall developer and operators, has agreed to fold in three Sy-owned malls in China in a deal valued at P10.8 billion. Henry Sy, one of the Philippines’ richest men, owns both SM Investments and a portion of SM Prime, but his investments in China are personal.