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SM Prime set to invest P400B in PH, China deals

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SM Prime Holdings, now one of the leading property developers in Southeast Asia, is investing at least P400 billion to further scale up its businesses in the Philippines and mainland China.

Posted: April 16th, 2014 in Headlines | Read More »

SM Prime posts 14% jump in nine-month net profit

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SM Prime Holdings Inc., the country’s biggest shopping mall developer and operator, said profits in the nine months through September rose 14 percent to P8.43 billion as it recognized earnings from newly opened malls.

Posted: November 4th, 2013 in Headlines | Read More »

SEC approves merger of SM Prime, SM Land

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The Securities and Exchange Commission has approved the merger of SM Prime Holdings Inc. (SMPH) and privately held SM Land Inc. The emerging entity will become Southeast Asia’s largest real estate firm.

Posted: October 11th, 2013 in Headlines | Read More »

SM Prime taps solar energy for shopping mall in China

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Property giant SM Prime Holdings Inc. has harnessed solar power for its shopping mall in Xiamen, its first and most mature commercial hub in mainland China, pioneering this strategy in the city while stating its commitment to cut greenhouse emissions and optimize energy efficiency.

Posted: July 15th, 2013 in Headlines | Read More »

SM Prime to invest P88B for new malls

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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.

Posted: April 16th, 2013 in Headlines | Read More »

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