PHILIPPINES: SM Prime Holdings to open its newest mall in Bulacan on Friday, December 1

PHILIPPINES: SM Prime Holdings to open its newest mall in Bulacan on Friday, December 1   Pasay City, Philippines, 2017-Dec-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continues to expand in Northern Luzon as it sets to open its newest mall in Bulacan, […]

PHILIPPINES: SM Prime Holdings recorded a 16% net income growth in the Q3 2017 to PHP5.66 billion

Pasay City, Philippines, 2017-Nov-06 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company recorded a 16% net income growth in the third quarter of the year to PHP5.66 billion from PHP4.86 billion in the same period last year. This led to a 15% increase in net income in the […]

PHILIPPINES: SM Prime Holdings opens its first premier mall in Palawan — SM City Puerto Princesa

Pasay City, Philippines, 2017-Sep-15 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, continues to expand in the provincial cities of the Philippines as it opens its first premier mall in the largest province in the country, SM City Puerto Princesa in Palawan, on September […]

PHILIPPINES: SM Prime Holdings to open new SM Cherry Antipolo, Rizal on Friday, June 30

Pasay City, Philippines, 2017-Jun-30 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, will open SM Cherry Antipolo on Friday, June 30. SM Cherry Antipolo is the 63rd mall of SM Prime in the country, which is situated along the bustling Marcos Highway, […]

SM Prime Holdings recognized as one of the 2016 Top Ten Successful ASEAN Countries Entering China

SM Prime Holdings recognized as one of the 2016 Top Ten Successful ASEAN Countries Entering China   Pasay City, Philippines, 2017-Jan-19 — /EPR Retail News/ — The year 2016 proved to be an auspicious one for Philippine brand SM Prime Holdings Co. Ltd. (SMPH), operator of SM Supermalls, which led to a recognition as one […]

SM Prime Holdings announces its consolidated net income for third quarter of 2016

Pasay City, Philippines, 2016-Nov-08 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a consolidated net income growth of 15% to PHP4.9 billion in third quarter of 2016 from PHP4.2 billion in the same period last year. Overall revenues in the third quarter also went up by […]

Philippines: SM Prime Holdings registered 12% growth in its core net income during first half of 2016

Pasay City, Philippines, 2016-Aug-01 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, registered a 12% growth in its core net income to PHP 12.6 billion from PHP 11.2 billion. This was supported by a 9% increase in consolidated revenues to PHP 39.2 billion from PHP 35.9 billion […]

Philippines: SM Prime Holdings issues PHP10 billion fixed rate bonds due on 2026

Makati, Philippines, 2016-Aug-01 — /EPR Retail News/ —SM Prime Holdings,Inc. (SM Prime) marked its 3rd listing of retail bonds with its issuance of PHP10 billion fixed rate bonds due on 2026. With SM Prime’s bond issuance, the total listed amount of the SM Group on PDEx shall be PHP84.83 billion, representing 14.47% of the total corporate […]

Philippines: SM Prime Holdings sets the interest rate for its Php10.0 billion 10-year retail bonds at 4.2005% p.a.

Pasay City, Philippines, 2016-Jul-13 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime) has set the interest rate for its Peso-denominated Series F, 10-year retail bonds at 4.2005% p.a. SM Prime will issue an aggregate principal amount of Php 10.0 billion of the Series F bonds, which will be offered to investors through underwriters from […]

SM Prime Holdings won three awards in the 6th Asian Excellence Awards 2016

Pasay City, Philippines, 2016-Jun-23 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, garnered three awards in the 6th Asian Excellence Awards 2016 organized by Corporate Governance Asia, a Hong Kong-based publication. SM Prime President Hans Sy and Executive Vice President Jeffrey Lim were […]

Philippines: SM Prime Holdings to offer to the public up to Php60 billion worth of Bonds

Pasay City, Philippines, 2016-May-17 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the offering to the public of up to Php60 billion worth of Bonds (the ”Bonds”). The Bonds will be filed under a shelf registration to be issued for a period of three (3) […]

Philippines: SM Prime Holdings reports core net income growth of 12% in the first quarter of 2016

Pasay City, Philippines, 2016-May-02 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a core net income growth of 12% in the first quarter of 2016 to PHP5.8 billion while consolidated revenues rose 10% to PHP18.2 billion. “SM Prime’s massive expansion last year propelled our performance […]

PHILIPPINES: SM Prime Holdings opens SM City San Jose Del Monte, Bulacan

Pasay City, Philippines, 2016-May-02 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the country’s largest integrated property company, is opening SM City San Jose Del Monte on April 29, 2016. This is SM Prime’s 57th mall in the Philippines and the third in the province of Bulacan – after SM City Baliwag […]

Philippines: SM Prime Holdings reported recurring net income growth of 14% in 2015

Pasay City, Philippines, 2016-Feb-24 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a recurring net income growth of 14% in 2015 to PHP20.9 billion on the back of an 8% increase in consolidated revenues to PHP71.5 billion in the same period.  On a consolidated level, net […]

Philippines: SM Prime Holdings hailed the Best Real Estate Developer (Retail) for the 3rd time by Euromoney Magazine’s 11th Annual Real Estate Survey

PASAY CITY, PHILIPPINES, 2015-12-29 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, was hailed as the Best Real Estate Developer (Retail) in the Philippines for the third time by Euromoney Magazine, last November 16. This award celebrated Philippine real estate’s robust growth in […]

Philippines: SM Prime Holdings mall business announces recent ISO 22301 certification

Pasay City, Philippines, 2015-12-17 — /EPR Retail News/ — The mall business of SM Prime Holdings, Inc. (SM Prime), the country’s largest integrated property developer, reported its recent certification by the International Organization for Standardization. The ISO 22301 certification affirms the company’s commitment to meet the needs of its stakeholders especially in times of disasters and […]

Philippines: SM Prime Holdings opens its new regional landmark, SM Seaside City Cebu

Pasay City, Philippines, 2015-11-27 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens its new regional landmark, SM Seaside City Cebu, on November 27, 2015. It is SM Prime’s 56th mall in the country, and the third mall within Cebu – along with […]

SM Prime Holdings set interest rates for its Peso-denominated Series D, 5.25-year retail bonds at 4.5095%, and Series E, 10-year retail bonds at 4.7990%

Pasay City, Philippines, 2015-11-9 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, has set the interest rates for its Peso-denominated Series D, 5.25-year retail bonds at 4.5095% p.a., and Series E, 10-year retail bonds at 4.7990% p.a. SM Prime will issue an aggregate […]

Philippines: SM Prime Holdings reports 70% surge in its consolidated net income in the first nine months of 2015

Pasay City, Philippines, 2015-11-04 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), the Philippines’ leading integrated property company, reported a 70% surge in its consolidated net income to PHP22.9 billion in the first nine months of 2015. This is inclusive of the PHP7.4 billion one-time trading gains on marketable securities booked in the […]

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 […]

SM Prime Holdings to open its 53rd mall in Philippines on October 9, 2015

Pasay City, Philippines, 2015-10-8 — /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, opens SM City Cabanatuan on October 9, 2015. It is SM Prime’s 53rd mall in the country, and the second mall within Nueva Ecija – along with SM Megacenter Cabanatuan. The new […]

SM Prime Holdings to issue Fixed Rate Peso Retail Bonds up to PHP15 Billion

Pasay City, Philippines, 2015-9-21 — /EPR Retail News/ — SM Prime Holdings, Inc. (SMPH) announced today that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds up to Php15 Billion with an over subscription option of up to Php5 Billion with maturities of 5.25 years and 10 years. The Board of […]

Philippines: SM Prime Holdings received gold award for its first mall in China – SM City Xiamen in Fujian Province

Pasay City, Philippines, 2015-9-7 — /EPR Retail News/ — Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China. SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company Gold Award. Only eight companies were given the prestigious […]

SM Prime Holdings, Inc. reports consolidated net income growth of 90% to PHP18.7 billion from PHP9.8 billion in the first half of 2015

Pasay City, Philippines, 2015-8-3— /EPR Retail News/ — SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, registered a consolidated net income growth of 90% to PHP18.7 billion from PHP9.8 billion in the first half of 2015. Excluding one–time trading gains on the sale of marketable securities, the company’s […]

Philippines: SM Prime Holdings poised to ride the wave of growth in the BPO sector with the expansion of EcomCenters in the Mall of Asia Complex

Pasay City, Philippines, 2015-7-27 — /EPR Retail News/ — SM Investments Corporation’s property arm, SM Prime Holdings is poised to ride the wave of growth in the Business Process Outsourcing (BPO) sector with the expansion of EcomCenters in the Mall of Asia Complex in Pasay City. The EcomCenter complex consists of OneEcom, TwoEcom and the FiveEcomCenter […]

SM Investments Corporation (SM) reports 14.4% increase in recurring net income

Pasay City, Philippines, 2015-3-5 — /EPR Retail News/ — SM Investments Corporation (SM) reported a record net income in 2014 of PHP28.4 billion. Excluding extraordinary items, recurring net income grew 14.4%. SM’s underlying earnings growth was mainly driven by BDO Unibank, Inc., which posted a core income growth of 18%. Together with China Banking Corporation, banks […]

SM Prime Holdings, Inc. clinched three major awards recognizing the company’s malls in China at The 12th Annual Conference of Mall China International Symposium

Pasay City, Philippines, 2014-10-2— /EPR Retail News/ — Property conglomerate SM Prime Holdings, Inc. clinched three major awards recognizing the company’s malls in China. The 12th Annual Conference of Mall China International Symposium hosted by China Shopping Center Development Association (Mall China) recognized SM Prime for the following malls: SM City Xiamen/SM Lifestyle Center was awarded […]