Sm Prime Holding

2016-07-22

Corporate Profile

SM Prime Holdings, Inc. 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 and income base, 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 58 malls in and outside Metro Manila and 6 shopping malls in China, totaling 8.5 million square meters of Gross Floor Area (GFA). In the Philippines, they have a total of 16,8427 tenants and 1,461 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, as well as the operations and management of buildings and other land holdings such as Mall of Asia Arena (MOA Arena). Its hotels and convention centers business unit develops and manages

Our business

Malls

SM Development Corporation (SMDC)

Commercial Properties Group

Hotels and Convention Centers

various hotel and convention centers across the country.

Corporate Social Responsibility

SM Prime is uniquely positioned to serve its host communities through various civic assistance, environmental education and sustainability programs. Its activities are two-pronged: to care for its customers while being a steward of the environment. SM Cares, a division of SM Foundation Inc., is the group that handles the corporate social responsibility programs of SM Prime Holdings, Inc.


There are programs that focus on the Environment and on People and Communities. Among the environmental initiatives include: (1) Awareness programs with the Green Retail Agenda, a forum conducted for SM Prime’s mall tenants, business partners and stakeholders in various sectors; (2) Top Leaders Forum, in partnership with the United Nations Office for Disaster Risk Reduction (UNISDR), where Philippine business leaders are invited to promote, invest and plan on disaster risk reduction (3) Greenhouse Gas Emissions Management; (4) Energy Efficiency; (5) Solid Waste Management; (6) Water Treatment and Recycling; (7) Air Quality Management (8) Solar Power Investments. Meanwhile, the programs for People and Communities include: (1) Children and Youth Development;  (2) Overseas Filipino Workers (OFWs) and their families; (3) PWDs (Persons with Disability); (4) Elderly Care; (5) Women and Breastfeeding Moms.


With people and the environment as its two main focal points, SM Prime aims to strengthen the fiber of growth while empowering more communities in the Philippines.


Type

Public company

Traded as PSE: SMPH

Industry Property, Shopping malls and retailing

Founded Manila, Philippines

1958; 58 years ago

Headquarters Pasay City, Philippines

Number of locations

57 malls (as of May 13, 2016)

Area served

Philippines

China

Guam

Key people

Henry Sy, Sr. (Founder, Chairman and CEO)

Parent SM Investments Corporation

Slogan We've got it all for you!

Website SM Prime Holdings

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