SM Prime goes for 67th mall in retail domination

Property giant SM Prime Holdings opened yesterday a new shopping center in Lemery, Batangas, marking the 67th retail hub in its nationwide shopping mall empire.

SM Center Lemery would be adding 25,000 square meters (sq m) to SM Prime’s total gross floor area in the Philippines.

“Lemery has been a gateway to different attractions in Batangas, and with this, it’s been continually developing to meet the needs and standards of its residents and visitors. SM Center Lemery takes part in meeting these needs. The exciting mix of offerings in the mall are sure to delight every Batangueños, as we have also done in SM City Batangas and SM City Lipa,” SM Prime president Jeffrey Lim said in a press statement on Thursday.

The mall opened with almost 90 percent of space already awarded.

SM Prime has launched five new malls earlier this year, namely: SM Center Pulilan in Bulacan, SM Center Tuguegarao Downtown in Cagayan, SM City Puerto Princesa in Palawan, SM Cherry Antipolo in Rizal, S Maison at Conrad Manila in Pasay City and SM CDO Downtown Premier in Cagayan de Oro.

SM Prime said it remained “committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.” —DORIS DUMLAO-ABADILLA