SM Investments Corporation, the flagship of the Sy family, posted a nine percent growth in consolidated net income to ₱20.1 billion in the first quarter of 2025 from ₱18.4 billion in the same period last year, as rising consumer confidence translated to higher revenues.The firm said its...
Amid concerns of a cooling Chinese economy, SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, remains upbeat about its businesses in China, where it has also ventured into the office leasing business in addition to malls.“In China, there is nothing to worry...
SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, may begin the horizontal development of its 360-hectare Integrated Property Development in Manila Bay as early as the start of next year.According to SM Prime President and CEO Jeffrey C. Lim they will...
SM Prime Holdings, Inc. (SM Prime), one of Southeast Asia’s largest integrated property developers, is confident of sustaining its first quarter performance as it continues to expand its core mall, residential, office, and hotels and convention center businesses.“We do not give full-year...
Sy-led SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, is banking on the popularity of its malls to provide a strong anchor in its planned diversification and expansion into integrated property developments (IPDs), particularly outside of Metro Manila.During...
SM Offices, a unit of SM Prime Holdings Inc., is investing ₱6 billion to develop new office towers and workspaces, even as it is seeing strong uptake for its mall-based offices.In a disclosure to the Philippine Stock Exchange, SM Prime said the new offices to be developed this year includes Six...
2NE1 concert at SM MOA ArenaSy-led SM Prime Holdings Inc., one of Southeast Asia’s largest integrated property developers, reported that its SM Mall of Asia (MOA) Arena posted a strong performance in 2024, as events held at the venue drew over one million in total ticket attendance.In a disclosure...
Topping off ceremony (from left to right): Imee Francisco, senior vice president and head of Costa del Hamilo Inc.; Shirley C. Ong, executive vice president and business unit head of SM Leisure Resort and Residences (SMLRR); Harvey T. Sy, head of technical and project planning and design; Zenia Sy,...
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 ready-for-occupancy...
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...
