SM is the dominant player in mall operations with 36 malls nationwide. The malls are owned and operated by publicly listed SM Prime Holdings, Inc. In 2009, SM Prime inaugurated three new malls in Naga, Rosario, and Las Pinas, and expanded three, namely SM Fairview, SM Rosales and SM North Edsa Sky Garden. All 36 supermalls have a total gross floor area (GFA) of 4.5 million square meters.