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...
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...
The Securities and Exchange Commission (SEC) has approved the planned fixed-rate retail bond offering of SM Prime Holdings, Inc., worth up to ₱17 billion under the company’s ₱100 billion shelf registered bonds. In a disclosure to the Philippine Stock Exchange, SM Prime said it has received...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, has set the interest rates for its peso-denominated fixed-rate bond issuance worth up to ₱17 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that the interest rates have been...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is opening SM City La Union, its 89th mall in the Philippines, on Friday, Oct. 17, 2025. “This is our ninth mall in Northern Luzon, and we designed it to serve as a landmark for both residents and...
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s leading integrated property developers, has been recognized as one of the Hubexo Asia Top 10 Developers for 2025 for the 11th consecutive year since 2015. In a statement, the firm said this distinction reaffirms SM Prime’s continued...
After interest rates have been cut, Sy-led SM Prime Holdings Inc. (SM Prime) is now planning to refinance debt with a ₱17-billion bond offering just after raising $350 million from United States (US) dollar-denominated notes. SM Prime, one of Southeast Asia’s largest integrated property...
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. (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...