The Sy family’s flagship SM Investments Corp. is selling a prime lot near Malacañan in Manila to its property development arm, SM Prime Holdings Inc., while preparing a corporate vehicle for its first premium residential project under the newly launched Signature Series brand. In a disclosure to...
Sy-led SM Prime Holdings, Inc., one of Southeast Asia’s largest integrated property developers, has successfully raised $350 million from its inaugural US dollar-denominated debt offering in the bond market. The firm informed the Philippine Stock Exchange that it has priced the drawdown from its...
SM Prime Holdings Inc. (SMPH), one of Southeast Asia’s largest integrated property developers, is planning to raise a yet undetermined amount from the issuance of dollar-denominated notes to Asian and European investors. In a disclosure to the Philippine Stock Exchange (PSE), SM Prime Chief...
The Philippine Stock Exchange (PSE) is expected to face difficulty in achieving its capital-raising target of ₱186 billion this year, as big-ticket initial public offerings are being postponed. This comes after Hann Holdings announced the deferment of its ₱13 billion initial public offering due...
Investors eager to buy into the planned real estate investment trust of SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, will have to wait longer as the $1 billion initial public offering has been deferred to “beyond 2026.” During the Philippine Stock Exchange...
SM Hotels and Conventions Corp. (SMHCC), the hospitality arm of SM Prime Holdings, Inc. (SM Prime), is expanding its Calabarzon portfolio beyond its leisure-focused properties by developing more business-oriented hotels in the provinces. SMHCC Executive Vice-President Peggy Angeles said in an...
Sy-led property developer SM Prime Holdings, Inc. has tapped former Senior Associate Justice Estela M. Perlas-Bernabe to be its newest Independent Director, replacing Atty. Darlene Marie B. Berberabe, who is now the Solicitor General of the Philippines. The firm said Justice Perlas-Bernabe’s...
Signature Series by SM Residences, the premium primary residential brand of SM Prime Holdings (SM Prime), is looking to launch a landmark development in Makati City by the first half of 2027 as it is now finalizing a strategic partnership with a luxury developer. In an online media briefing, SM...
SM Prime Holdings Inc. (SM Prime), the Sy family’s property development company, is investing ₱7 billion to redevelop and further expand SM Megamall, one of the Philippines’ most iconic malls, with phased completion targeted between 2027 and 2029. In a disclosure to the Philippine Stock...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has retained its place in the FTSE4Good Index Series for nine consecutive years. Created by FTSE Russell, a subsidiary of the London Stock Exchange Group, the FTSE4Good Index is a globally...
SM Prime Holdings, Inc. (SM Prime), one of the largest integrated property developers in Southeast Asia, reported record high profits as it remains optimistic due to strong consumption, lower interest rates, and continued recovery in retail and tourism. “With inflation contained and policy easing...
SM Offices, the commercial property arm of SM Prime Holdings Inc. (SM Prime), strengthens its regional footprint with the launch of The Core Tower Three in Sta. Rosa, Laguna, its 15th office development outside Metro Manila. “The Core Towers reflects the growing demand for future-ready office...