SMDC’s Move In Now program allows qualified buyers to move in within 90 days with only a 5% spot down payment SM Development Corp. (SMDC), the residential arm of Sy-led SM Prime Holdings Inc., has launched a new program, Move In Now, to entice buyers for its...
SixE-com Center was designed by the renowned architectural firm Arquitectonica, whose portfolio includes well-known projects such as the Microsoft Headquarters in Paris, the Bronx Museum in New York and the International Finance Center in Seoul. SM Offices, a business unit of Sy-led SM Prime...
SM MOA Square Solar Rooftop PV System SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, plans to add 20 rooftop solar photovoltaic (PV) projects this year after expanding its solar energy by 49 percent in 2024. In a disclosure to the Philippine Stock...
SM Investments Corp. (SMIC), the flagship of the Sy-led SM Group, is optimistic about the Philippines’ growth momentum, reaffirming its commitment to the economy’s future. In recent interviews on CNBC and Bloomberg, SM Executive Vice President for Treasury, Finance, and Planning Erwin G. Pato...
SM Supermalls, the mall operations unit of SM Prime Holdings Inc., reported a six percent growth in average daily foot traffic to an all-time high of 5.2 million last year from 4.9 million in 2023. In a disclosure to the Philippine Stock Exchange, the firm said this record performance was due to...
SM Hotels and Convention Corp. (SMHCC), a unit of Sy-led SM Prime Holdings Inc. (SMPHI), is investing almost ₱15 billion to support its five-year expansion program. In a disclosure to the Philippine Stock Exchange, SM Prime said the expansion includes developing eight new hotels and two...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, has successfully raised ₱25 billion from the issuance of fixed-rate retail bonds, which it listed on the Philippine Dealing & Exchange Corporation (PDEx) on Feb. 25, 2025. The issuance, consisting of...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, is allotting ₱100 billion for capital expenditures this year, same as the amount earmarked in 2024, as it expects sustained growth in consumer demand and corporate activity. “We expect election-related...
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, reported a record consolidated net income of ₱45.6 billion last year, a 14 percent increase from the ₱40 billion earned in 2023. In a disclosure to the Philippine Stock Exchange, the company said its double-digit...
SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, has signed an agreement with TeaM (Philippines) Energy Corporation (TPEC) for the installation of over 33,000 square meters of solar panels on the rooftops of four SM malls. In a disclosure to the Philippine Stock...
The Sy family’s flagship SM Investments Corporation (SMIC) expects to stay on its long-term growth trajectory, banking on the Philippines’ resilient consumption-led economy, synergies across its business segments, and strong consumer fundamentals. “The Philippine economy remains...
SM Prime Holdings Inc., the property development arm of Sy-led SM Investments Corporation, has set the interest rates for its ₱25 billion peso-denominated fixed rate bonds to be offered from Feb. 12 to Feb. 18, 2025. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the...
