SM Prime Holdings, Inc. (SMPH)

Company description

SM Prime Holdings, Inc.​ (SMPH) is one of the largest integrated property developers in Southeast Asia that offers innovative and sustainable lifestyle cities with the development of malls, residences, offices, hotels and convention centers. It is also the largest, in terms of asset, in the Philippines.

SM Prime Holdings, Inc. was incorporated in the Philippines in 1994. They started as a mall developer and operator and grew to be the biggest retail shopping center developer and operator in the Philippines. Currently, it has 79 malls in and outside Metro Manila and 7 shopping malls in China, totaling 10.2 million square meters of Gross Floor Area (GFA). In the Philippines, they have a total of 17,715 tenants and 1,853 tenants in China.

SM Prime goes beyond mall development and management through its units and subsidiaries. SM Development Corporation (SMDC) is the residential business component that sells affordable condominium units. SM Prime’s commercial business units, the Commercial Property Group (CPG) is engaged in the development and leasing of office buildings in Metro Manila. Its Hotels and Convention Centers business unit develops and manages various hotel and convention centers across the country.

Company details

City:
Pasay City
Address:
10/F Mall of Asia Arena Annex Building, Coral Way cor. J.W. Diokno Boulevard, Mall of Asia Complex, 1300 Pasay City, Philippines

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • August 12, 2022

    AboitizPower secures long-term PPA with SM Prime

    Aboitiz Power Corporation (AboitizPower) has signed a long-term Cleanergy deal with SM Prime Holdings, Inc. in an effort to promote a more environmentally responsible future for the Philippines. ...

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