SM Prime Holdings, Inc.
Publicly listed SM Prime Holdings, Inc. (SM Prime) 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.
SM Prime is committed to the country in providing world-class and sustainable property development. The company is the largest mall developer, both in terms of gross floor area (GFA) and geographical reach. It operates 75 malls in the country and seven in China. While a large number of its malls are concentrated in Metro Manila, this area continues to present significant growth opportunities through the expansion of its existing malls, even as SM Prime penetrates new markets in provincial areas.
Apart from mall development and management, SM Prime has residential offerings nationwide through SM Development Corporation (SMDC) and leisure homes through a number of projects that complement Philippine tourism. SMDC provides access to luxurious urban living through vertical villages that are integrated with a commercial retail environment for a truly cosmopolitan lifestyle.
In terms of commercial developments, SM Prime has office buildings that primarily cater to the growing Business Process Outsourcing (BPO) industry. It continues to expand the E-com hub within the Mall of Asia complex and develop stand-alone as well as mall-based BPO buildings around the country. The company has hotels with over 1,900 rooms as well as convention facilities that aim to take advantage of the growing tourism and entertainment sectors.