SM Prime Holdings, Inc. opens its 55th mall in the Philippines, SM Center Sangandaan

Pasay City, Philippines, 2015-10-26 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens today SM Center Sangandaan, October 23, 2015.  It is SM Prime’s 55th mall in the Philippines, and first mall in the populous City of Caloocan, one of the16 cities within Metro Manila.  The new mall provides an additional 38,622 square meters (sqm) in gross floor area (GFA), giving SM Prime a total retail space of 6,825,206 sqm, the largest footprint in the country.

SM Center Sangandaan, strategically located  along the busy intersection of Samson Road and A. Mabini Street Sangandaan, Caloocan City, will give SM Prime access to the northern tip of Metro Manila, bringing a unique shopping experience closer to the highly dense cities of Malabon, Navotas and Caloocan.

“SM Center Sangandaan reflects SM Prime’s commitment to be part of the growth across communities. We are very pleased to open our first mall in Caloocan City which is a testament to the fact that Metro Manila is far from being saturated by modern retail facilities,” SM Prime President Hans T. Sy said.

The mall opens its doors to more than one and a half million Filipinos with 90% of the space lease awarded to various tenants. SM Center Sangandaan will have anchor tenants such as SM Supermarket, SM Appliance Center, SM Cinema, Ace Hardware, BDO, and Watsons.

There will be a total of three levels of prime spaces which includes four cinema theaters with a total seating capacity of 824 and 493 parking slots.The mall’s facade gets its inspiration from different shades of blue, gray and white, giving the exterior a quirky geometric visual design. The main interior features a high glass ceiling, complemented by white walls which maximizes daylight and adds futher dimension to the mall. SM Center Sangandaan was delicately planned around a simple yet efficient design that allows shoppers to easily stroll around and provides clear line-of-sight to all shops on all levels at the same time.

To date, SM Center Sangandaan is the fifth SM mall to be opened this year, after Cherry SM in Shaw Boulevard with a GFA of 24,165 sqm and SM City Cabanatuan. These malls recently opened last October 13 and October 9, respectively. The highly anticipated, SM Seaside City Cebu, is scheduled to open on November 27, 2015.

By the end of 2015, SM Prime will have 56 malls in the Philippines and six in China with an estimated combined GFA of 8,301,267 million sqm.

SM Prime remains 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.

SOURCE: SM Investments Corporation


SM Prime Holdings, Inc. opens its 55th mall in the Philippines, SM Center Sangandaan

SM Prime Holdings, Inc. opens its 55th mall in the Philippines, SM Center Sangandaan

SM and BDO support the Forbes Global CEO Conference to be held for the first time in the Philippines, October 12-14, 2015

Manila, Philippines, 2015-10-7 — /EPR Retail News/ — SM Investments Corporation (SM) and BDO Unibank, Inc. (BDO) are jointly supporting the Forbes Global CEO Conference to be held for the first time in the Philippines from October 12-14, 2015.

SM and BDO, represented by its Vice Chair and Chairperson respectively, Teresita Sy-Coson, will be in attendance as one of the speakers during the three-day conference, joining 49 other prominent global business leaders and entrepreneurs.

“We look forward to the discussions to be generated from the forum which will provide fresh perspectives on the evolving global business environment and the kinds of leadership that can potentially emerge under such a dynamic landscape,” SM Vice Chair and BDO Chairperson Teresita Sy-Coson said.

The conference theme, “Toward a Winning Vision”, focuses on visionary leadership and looks into how companies can best conceive and articulate a winning vision to drive their businesses forward, one that is based on their core competencies, values and purpose. The discussions aim to gather insights on topics such as the world economy, investment strategies, energy, technology and innovation, emerging markets, leadership, succession and philanthropy.

Aside from SM and BDO, the 15th annual Forbes Global CEO Conference is co-hosted by International Container Terminal Services, Inc. and San Miguel Corporation. Corporate Sponsors include Berjaya Corporation, Vista Land, Biomax Technologies, FICOFI and Weber Shandwick Worldwide.

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About SM Investments
SM Investments Corporation (SM) is one of the leading conglomerates in the Philippines with highly synergistic businesses in retail, banking and property development. SM has evolved into one of the most highly respected companies in the country owing to its progressive approach in business and its comprehensive sustainability programs for its host communities through SM Foundation and SM Cares.

SM’s retail operations enjoy a strong brand franchise consisting of THE SM STORE and its food retail chains namely SM Supermarket, SM Hypermarket, Savemore and WalterMart stores. SM’s property arm, SM Prime Holdings, Inc., is among the largest integrated property developers in the Philippines with interests in mall, residential, commercial and tourism development. SM’s interests in banking are in BDO Unibank, Inc. (BDO), the country’s largest, and in China Banking Corporation (China Bank), the fifth largest private bank. Combined, these two banks have a network of over 1,000 branches nationwide.

About BDO
BDO is a full-service universal bank which provides a wide range of corporate, commercial and retail banking services. These services include traditional loan and deposit products, as well as treasury, trust banking, investment banking, private banking, cash management, leasing and finance, remittance, insurance, retail cash cards and credit card services.

It has one of the largest distribution networks in the Philippines, with over 900 operating branches and over 2,700 ATMs nationwide. It also has a branch in Hong Kong as well as 27 overseas remittance and representative offices in Asia, Europe, North America and the Middle East.

BDO ranked as the largest bank in terms of total assets, loans, deposits, and trust funds under management based on published statements of condition as of June 30, 2015. For more information, please visit