The Sy family’s SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is increasing its capital expenditures to P100 billion to P110 billion next year as it continues to expand its core businesses. “Actually, our forecast (capex) for this year is P100 billion but I...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is expecting to register record profits this year even as it takes its time to decide when to launch its $1 billion real estate investment trust (REIT) initial public offering. In an interview, SM Prime...
The SM Prime Group has been recognized as the National Awardee for its SM Life program, winning the People Program of the Yeasr 2024 (Employee Experience and Engagement category) at the People Management Association of the Philippines (PMAP) National Conference in Iloilo on Oct. 17, 2024. (L-R):...
Sy-led SM Prime Holdings Inc., a leading integrated property developer in Southeast Asia, is expanding its footprint in the Visayas further with the opening of SM City J Mall in Mandaue City, Cebu on Oct. 25, 2024. In a disclosure to the Philippine Stock Exchange, the firm said this strategic...
The SM Group is expanding its footprint in Clark Freeport and Special Economic Zone in Pampanga with the construction of a P2 billion multi-modal transport terminal, a convention center, and several hotels. In a statement, SM Investments Corporation said its integrated property in Clark is set to...
After a year, leading integrated property developer SM Prime Holdings Inc. (SM Prime) stays committed to educational access and environmental stewardship through its sustainability scholarship program in partnership with the University of the Philippines Los Baños (UPLB). SM sustainability...
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property developers in Southeast Asia, received awards at the 14th Asian Excellence Award by Corporate Governance Asia, held in Hong Kong. SM Prime’s President Jeffrey C. Lim was awarded Asia's Best CEO (Investor Relations), Chief...
When it comes to proper segregation of waste, every small action counts. This is what leading integrated property developer SM Prime Holdings, Inc. aims to promote through its #SMWasteFreeFuture program which it launched in June, in celebration of the World Environment Day. The program is...
The Sy-led SM Prime Holdings Inc. is allocating P10 billion of 10 percent of its capital expenditures to sustainable and resilient designs and using renewable energy as part of its commitment to preserving the environment. In a statement, SM Investments Corporation said SM Prime integrates rigorous...
The Sy siblings’ SM Prime Holdings Inc., one of the leading integrated property developers in Southeast Asia, reported that its consolidated net income improved 13 percent to P22.1 billion in the first half of 2024 from the P19.4 billion in the same period last year. In a disclosure to the...
Marking 30 years of shared prosperity: SM Prime Holdings' Board of Directors (from left): Hans T. Sy; Amando M. Tetangco, Jr.; Jeffrey C. Lim; and Henry T. Sy, Jr. lead a momentous bell-ringing ceremony with Philippine Stock Exchange's President and CEO, Ramon S. Monzon; Directors Eddie T. Gobing,...
SM Supermalls, the retail leasing unit of Sy-led SM Prime Holdings Inc., reported a 27 percent improvement in foot traffic to an average of above four million daily visitors in the first quarter of 2024 from 3.3 million in the same period last year. In a statement, SM Investments Corporation...
