SM Prime Holdings, Inc. has launched the SM Seaside Cebu Arena, a P7-billion facility designed to host large-scale events and entertainment in Cebu. This development is part of the company's strategy to enhance the South Road Properties estate and boost local tourism and economic opportunities.
SM Prime Holdings, Inc. announced the completion of North Tower 3, a PEZA-accredited office tower in Quezon City, adding approximately 31,000 square meters of office space. This development is significant as it addresses the limited supply of PEZA-accredited office spaces in Metro Manila amid strong demand.
SM Prime Holdings, Inc. is set to complete the turnover of Balea Suites within the Pico Terraces development by the fourth quarter of 2027. The project has seen strong market reception, with most units already taken up, highlighting its appeal among buyers seeking upscale coastal living.
SM Offices has reached a 100% occupancy rate at its Clark Tech Hub, which spans over 100,000 square meters across 10 towers. The company is also developing an 11th tower that will add approximately 20,000 square meters of leasable space, indicating strong demand for commercial spaces in the area.
SM Prime Holdings, Inc. announced that its SM Seaside Cebu Arena is on track to open in June 2026. This venue, designed for live entertainment and sports, aims to enhance tourism and economic activity in Cebu.
SM Prime Holdings, Inc. has announced the start of the transformation of Susana Heights Village, focusing on enhancing community amenities and long-term value for residents. The first phase includes redeveloping the main clubhouse and adding various sports and fitness facilities.
SM Prime Holdings, Inc. announced the upcoming opening of its flagship mall, SM Nuvali, in Sta. Rosa, Laguna, by the fourth quarter of 2026. This development is part of the company's strategy to expand into high-growth regional markets and reflects confidence in the area's economic potential.
SM Prime Holdings, Inc. reported a first-quarter net income of P11.66 billion, slightly up from P11.65 billion a year earlier. The increase in rental income and other revenues helped offset a decline in real estate sales.
SM Prime Holdings, Inc. is investing over P6 billion to redevelop the SM Harrison Plaza, with plans for a flagship mall to open by 2027. This investment is part of a larger P150-billion mall investment program aimed at expanding their portfolio and enhancing their presence in Manila's cultural and entertainment district.
SM Prime Holdings, Inc. is collaborating with government agencies on transport infrastructure projects to improve commuting in the Greater Manila Area. The company is investing over P300 million to build a direct pedestrian link between the LRT-2 Antipolo Station and SM City Masinag, enhancing accessibility and safety for commuters.
SM Prime Holdings, Inc. is set to open its 90th mall, SM City Zamboanga, on March 20, 2026. This expansion marks the company's 8th mall in Mindanao and adds over 42,000 square meters of gross leasable space, reflecting the company's commitment to growth in the region.
SM Prime Holdings, Inc. has fully leased its Silangan Warehouse complex in Laguna, which has a gross leasable area of over 130,000 square meters. This development reflects strong demand driven by e-commerce growth and favorable government policies.
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