SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, will maintain its ₱100 billion capital expenditure (capex) budget for next year as it continues an aggressive expansion in the Philippines. “We will probably maintain the capex that we had this year, which...
Armed with the simple, guiding principle: “Whatever decision we make, we should be able to eat and sleep well,” Hans T. Sy found the moral certainty to endure public fury over a construction project. For decades, the SM Group, founded by his late father, retail tycoon Henry Sy Sr., has been...
Almost always, the awarding of the Management Man of the Year, given by the influential group, the Management Association of the Philippines (MAP), is a blockbuster event. Yes Virginia, all roads seem to lead to the posh Shangri-La The Fort with most of the head honchos of the country’s top...
SM Hotels and Conventions Corp. (SMHCC), the hospitality unit of SM Prime Holdings Inc., is on schedule to open the ₱3.6 billion SMX Convention Center Seaside Cebu in the fourth quarter of 2026, despite disruptions caused by recent natural calamities. “The recent events in Cebu caused some...
SM Prime Holdings Inc., through its leisure-resort residences developer Costa Del Hamilo Inc., is investing ₱3 billion to develop M Village, a flagship eco-resort community at Hamilo Coast’s Marina Estates. SM Prime Chief Finance Officer John Nai Peng C. Ong said the company is launching M...
Signature Series by SM Residences, the premium primary residential brand of SM Prime Holdings Inc. (SM Prime), is gearing up for the launch of its flagship project with the opening of its first marketing site. Last week, Signature Series unveiled its first “Life Space” at The Podium mall in...
SM Prime Holdings Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, expects to complete the ₱2.3-billion redevelopment of SM City Iloilo by the first quarter of 2026. The firm said in a disclosure to the Philippine Stock Exchange (PSE) that this is in line...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has successfully raised ₱17 billion from the issuance of retail bonds, which were listed at Philippine Dealing & Exchange Corp. (PDEx) on Monday, Nov. 17. In a disclosure to the Philippine Stock...
SM Prime Holdings Inc. (SM Prime), one of the largest property developers in Southeast Asia, has completed the ₱3-billion redevelopment of Iloilo Central Market and Terminal Market—two of the city’s largest and most historic public spaces—in partnership with Iloilo City government. In a...
SM Prime Holdings Inc. reported a 10 percent rise in net income to ₱37.2 billion in the first nine months of the year from ₱33.9 billion a year earlier, fueled by stronger contributions from its mall and convention center segments. In a disclosure to the Philippine Stock Exchange, SM Prime said...
ILOILO CITY – A new chapter began in this city’s journey towards progress and innovation. The newly redeveloped Iloilo Central and Terminal markets officially opened to the public on Thursday, Oct. 30, 2025. In partnership with the Iloilo City government, SM Prime Holdings said these milestone...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that business unit SM Offices is scaling up its use of renewable energy (RE) as part of a broader push to make sustainability a driver of growth and tenant value. SM Offices now sources more than...
