04 May
2020
Freia Tops-off!
With its promise of relaxed and refined coastal living, the newest residential development from SM Prime’s Costa del Hamilo Inc. is more than your average holiday home – it’s a
13 Mar
2020
Message to Stakeholders in relation to COVID-19 Pandemic
Dear Stakeholders, SM Prime Holdings, Inc. (SM Prime) has always prioritized the safety of its employees, tenant partners, service providers, and customers as we fully support the preventive measures outlined
04 Mar
2020
SM Hotels and Conventions Corp. (SMHCC) elevates personalized entertainment and convenience with IPTV Solutions
Going beyond has always been SMHCC’s ideology. The company’s incessant efforts in fostering a culture of excellence is a clear testament of the company’s commitment to its bullish growth and
02 Mar
2020
SM Prime Sets Interest Rates for the First Tranche Issuance of its Fixed Rate Bonds
(28 February 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime) secured SEC clearance on February 12, 2020 for the PHP100 billion shelf registration to be offered within a period of
17 Feb
2020
SM Prime’s Net Income for Full-Year 2019 Increases by 18%
(17 February 2020, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, reported an 18% growth in its consolidated net income to
07 Feb
2020
Jose Mari Banzon is the New President of SM Development Corporation (SMDC)
(06 February 2020, Pasay City Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, announces the appointment of Mr. Jose Mari Banzon as President
28 Jan
2020
Steven Tan is the New President of SM Supermalls
(27 January 2020, Pasay City Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, announces the appointment of Mr. Steven Tan as President of
28 Jan
2020
SM Hotels and Conventions Corp. (SMHCC) launches joint operations to aid in Taal relief efforts
More than being one of the most popular and beautiful attractions in the country, Taal Volcano, the island and its neighboring towns are home to hundreds of Filipino families who
06 Dec
2019
SM Prime Receives Notice to Proceed for Pasay Reclamation Project
(06 December 2019, Pasay City, Philippines)SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, has officially received from the City of Pasay the Notice
06 Dec
2019
Hamilo Coast Recognized as Lamudi’s 2019 Best Mixed-Use Development in Luzon
Hamilo Coast, SM Prime’s premier sustainable seaside community in Nasugbu, Batangas, won the honors for 2019 Best Mixed-Use Development in Luzon at Lamudi’s The Outlook: Philippine Buyers’ Choice Property Awards,
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.