Celebrating 30 Years Of Real Estate Innovation And Growth

SM Prime Holdings, Inc., the dynamic property arm of the SM Group, proudly commemorates its 30th anniversary as a publicly-listed company on the Philippine Stock Exchange.

SM Prime now stands as one of Southeast Asia's leading integrated property developers, boasting an impressive portfolio that includes 91 residential developments, 86 malls, 22 office towers, 10 hotels, and 8 convention centers across 22 vibrant lifestyle cities. | Photos: SM Investments Corporation

This milestone marks three decades of unparalleled growth and transformative impact on the Philippine real estate landscape. Founded in 1994 by the visionary entrepreneur Henry Sy, Sr., SM Prime embarked on its journey with an initial offering of just four malls.

Today, it stands as one of Southeast Asia's leading integrated property developers, boasting an impressive portfolio that includes 91 residential developments, 86 malls, 22 office towers, 10 hotels, and 8 convention centers across 22 vibrant lifestyle cities.

Jeffrey C. Lim, President of SM Prime Holdings, expressed his heartfelt gratitude for this momentous achievement: "We are beyond grateful to reach this remarkable 30th listing anniversary as a public company. Guided by the vision of our founder, Mr. Henry Sy, SM Prime was established to create world-class destinations for shopping, dining, amusement, and entertainment in the Philippines. Over the years, we have continually pushed boundaries as an integrated property developer."

In celebration of 30 years of shared prosperity, SM Prime Holdings' Board of Directors, including Hans T. Sy, Amando M. Tetangco, Jr. (concurrently SM Investments Chairman), Jeffrey C. Lim, and Henry T. Sy, Jr., led a bell-ringing ceremony with Philippine Stock Exchange's President and CEO Ramon S. Monzon, alongside Directors Eddie T. Gobing and Ma. Vivian Yuchengco, COO Roel A. Refran, Issuer Regulation Division Head Marigel M. Baniqued-Garcia, and General Counsel Veronica V. Del Rosario.

As part of its anniversary celebration, SM Prime is set to open three new malls: SM City Caloocan, SM City J Mall in Cebu, and SM City Laoag in Ilocos Norte.

The company is also initiating the redevelopment and expansion of iconic landmarks such as SM Megamall, with ongoing enhancements at SM Mall of Asia, SM City Cebu, SM City Iloilo, and SM City Bacolod.

Further, SM Prime will enhance its Leisure Homes in Tagaytay and Batangas, introduce new hotels with approximately 17,000 rooms, and develop mixed-use commercial buildings that integrate office and retail spaces.

With Micro, Small, and Medium Enterprises (MSMEs) making up 63% of its commercial tenants, SM Prime is dedicated to empowering local communities.

The company plays a pivotal role in driving economic growth through various support programs and initiatives, including job fairs and collaborations with local government units (LGUs).

Looking ahead, SM Prime reaffirms its commitment to setting benchmarks in integrated property development across major Philippine cities. With an emphasis on innovative and sustainable practices, SM Prime aims to enhance the quality of life for millions of Filipinos.