In a big city like Manila, recreational destination number one is a mall. Small wonder that real estate developers have made all manner of malls available in our country, from smaller, strip malls to giant, destination malls.
Gotianun-led property developer Filinvest Land Inc. is building new malls and office buildings to double its leasing portfolio by 2015 and complement the growth of its bread-and-butter residential business.
The country’s leading shopping mall developer SM Prime Holdings Inc. expects to invest P88 billion over the next three years to expand its shopping mall portfolio in the Philippines and China.
Property developer Century Properties Group Inc. said its first shopping mall project — Century City Mall along Kalayaan Avenue, Makati – would open by the fourth quarter of the year as targeted.
Gokongwei-led Robinsons Land Corp. is set to open four new shopping malls this year, which will allow the property developer to breach the 1-million square-meter mark in terms of gross leasable area (GLA) for its shopping mall portfolio.
Henry Sy’s SM Investments Corp. boosted its net profit last year by 16.3 percent to P24.7 billion on a double-digit rise in earnings across its banking, retailing, shopping mall and residential development businesses.
Tycoon Henry Sy seeks to cement his leading position in the Philippine retailing and shopping mall businesses by forging an alliance with the Waltermart group of the Lim family.
SM Malls’ rewards program, SM Advantage, has joined Asia Miles, allowing members of both reward programs to convert points gained from shopping in SM’s vast Philippine retail chain into airline mileage.
The country’s leading shopping mall developer SM Prime Holdings Inc. is set to open on Friday, Aug. 10, a new shopping mall in General Santos City, known as the “Tuna Capital of the Philippines,” thus marking its 45th mall in the Philippines.
The country’s largest shopping mall operator, SM Prime Holdings, is to open its 44th retail complex in the Philippines on Friday in San Fernando, the capital city of Pampanga.
SHOPPING mall giant SM Prime Holdings Inc. grew its net profit last year by 15 percent to P9.1 billion on sustained growth in rental revenues and expanded capacity from new malls.
Shopping mall giant SM Prime Holdings Inc. grew its net profit last year by 15 percent to P9.1 billion on sustained growth in rental revenues and expanded capacity from new malls.
