02 Aug

2021

SM Prime Reports 12% Increase in 1H2021 Net Income

SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, reported PHP11.6 billion consolidated net income in the first six months of 2021, 12% higher from PHP10.4 billion in the first half of 2020. This is on the back of improvement in second quarter net income to PHP5.2 billion from PHP2.1 billion in the same period last year. First half consolidated revenues recorded at PHP41.1 billion, down 6% from PHP43.7 of 2020’s first half.

30 Jul

2021

Reveries are weatherproof at Tagaytay Highlands

The scorching hot summer has passed and in its wake come the rainy days and constant drizzling of the monsoon season. However, no matter the weather or the season, Tagaytay Highlands continues to indulge residents and their guests with its enjoyable indoor fun and outdoor vibe—rain or shine, weather or not.

30 Jul

2021

A healthy farm-to-table lifestyle at Tagaytay Highlands

And if we are fortunate to have sizeable green spaces around our homes, growing our own produce to share or to sell totally means self-sufficiency in food for the long haul—no matter what happens outside.

19 Jul

2021

Galing Pook Foundation, SM Prime sign MoA in support of Galing Pook Awards

SM Prime Holdings recently entered a five-year partnership with the Galing Pook Foundation (GPF) and the Department of the Interior and Local Government (DILG) Local Government Academy (LGA) in support of the annual Galing Pook Awards, which recognizes local government units for their exemplary governance, innovation, sustainability, and resilience initiatives.

14 Jul

2021

All SM Hotels and Conventions Corp. (SMHCC) Properties Get Safety Seal Certification

All properties under SM Hotels and Conventions Corp (SMHCC) portfolio have recently obtained the Department of Tourism Safety Seal given to accommodation establishments who faithfully comply with the Minimum Public Health Standards (MPHS) set by the government and integrate StaySafe.ph with their contact tracing.

09 Jul

2021

Hamilo Coast Breaks Ground for Sola at Pico De Loro Cove

Costa Del Hamilo Incorporated (CDHI), developer of SM Prime’s premium beach resort communities, held its groundbreaking event last July 5, 2021 for Sola at Pico De Loro Cove – its first horizontal real estate project in the luxury seaside sanctuary of Hamilo Coast in Nasugbu, Batangas.

08 Jul

2021

Fifth Park Inn by Radisson Hotel in the Philippines Opens in Bacolod City

SM Hotels and Conventions Corp (SMHCC) announces the opening of Park Inn by Radisson Bacolod on 8 July 2021. This is the fifth Park Inn by Radisson hotel in SMHCC’s portfolio and is the second hotel under its licensing agreement with Radisson Hotel Group (RHG).

30 Jun

2021

Sola at Pico De Loro Cove brings everything you love together

Many of us have spent our lives hurrying to and fro. Quality time feels like a blur. But when a pandemic marooned everyone at home—where jobs and classes are reduced to online interactions—it dawned on people how important the welfare of the family is and how essential residences and their location are. Cramped apartments, claustrophobic condos or houses in subdivisions which are becoming denser and denser could be taxing in what we call the new abnormal. Alternatives to these were few and far between.

24 Jun

2021

Park Inn by Radisson Clark’s new South Wing brings feel-good vibe to more guests in the Philippines

Park Inn by Radisson, the feel-good brand from Radisson Hotel Group, continues to delight hotel owners and guests in Asia Pacific with its stress-free experiences, laid-back charm and vibrant contemporary design. This colorful upper midscale concept exudes positivity through its “Yes I Can!” service ethos, and the brand’s upbeat attitude is now also being reflected by its rapid regional growth.

03 Jun

2021

SM Hotels and Conventions Corp. (SMHCC) Properties Promote Campaign to Phase Out Single Use Plastics

SMHCC properties fully support the United Nations Environment Program (UNEP) in their Campaign to phase out Single-Use Plastics (SUPs) in the Tourism Sector as it partners with the Philippine Center for Environmental Protection and Sustainable Development, Inc. (PCEPSDI) under the Transforming Tourism Value Chains (TVC) Project, and the Department of Tourism through their sustainability thrust Save Our Spots.

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.

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