SM Prime Holdings, Inc. (SMPH) announced that its Board of Directors approved the issuance of Fixed Rate Peso Retail Bonds up to Php15 Billion with an over subscription option of up to Php5 Billion with maturities of 5.25 years and 10 years.
The Board of Directors also authorized the management to negotiate and finalize the terms and conditions, including pricing, tenor and any increase in issuance amount, and execute any and all documents necessary, to implement the retail bond issue.
Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China.
SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company Gold Award. Only eight companies were given the prestigious gold award during the 13th Annual Conference of Mall China International Symposium hosted by China Shopping Center Development Association (Mall China), an annual gathering of major shopping malls and retailers in China.
“On behalf of SM, I would like to express gratitude to our valued partners and loyal customers. Without your continued support, SM will not thrive in China, among the world’s largest retail markets. We maintain to drive retail service as our main backbone, with an aim to create an environment people can call their second home,” SM Prime’s mall group, SM Supermalls Senior Vice President Steven Tan said.
The awarding ceremony was held on September 4th, 2015 in Shenzhen,China. Mall China highly recognized SM Prime’s insight and expertise into retail, commercial real estate and shopping center development in China. SM Xiamen was also voted number 1 in WeChat, a popular messaging service in China.
This is the sixth time since 2011that SM Prime has been recognized by Mall China.
Mr. Tan, for his part, received the 2015 International Professional Leader Award for his insight into retail, commercial real estate and shopping center industry in China and promoting and giving significance guidance on development strategy.
SM opened its first mall in China, SM City Xiamen in 2001 with a gross floor area (GFA) of 128,203 square meters. In 2009, the upscale SM Lifestyle Center in Xiamen was opened with a GFA of 109,922 sqm. In 2013, the SM Skywalk was launched, linking SM Xiamen and SM Lifestyle Center, providing more convenience to customers.In the last two years, SM Xiamen and SM Lifestyle Center offered WiFI services, increased parking lots, added facilities for persons with special needs and a nursery room for mothers, installed LED facilities and installed an intelligent parking system all aimed at a better customer experience. Aside from these, SM also upgraded the brands inside the mall.
Established in 2002, Mall China is the first non-profit organization in Mainland China catering to China’s retail property sector. It is likewise the largest shopping center retail organization in China. It has 700 corporate members of investors, developers, operators, retailers and relevant service agencies.
Mall China established the Golden Mall Awards to promote the best malls and encourage enterprises which have made outstanding contributions to the development of the shopping mall industry. Golden Mall Awards recognize and evaluate recent opening or under-construction projects.
Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China.
SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company Gold Award. Only eight companies were given the prestigious gold award during the 13th Annual Conference of Mall China International Symposium hosted by China Shopping Center Development Association (Mall China), an annual gathering of major shopping malls and retailers in China.
“On behalf of SM, I would like to express gratitude to our valued partners and loyal customers. Without your continued support, SM will not thrive in China, among the world’s largest retail markets. We maintain to drive retail service as our main backbone, with an aim to create an environment people can call their second home,” SM Prime’s mall group, SM Supermalls Senior Vice President Steven Tan said.
The awarding ceremony was held on September 4th, 2015 in Shenzhen,China. Mall China highly recognized SM Prime’s insight and expertise into retail, commercial real estate and shopping center development in China. SM Xiamen was also voted number 1 in WeChat, a popular messaging service in China.
This is the sixth time since 2011that SM Prime has been recognized by Mall China.
Mr. Tan, for his part, received the 2015 International Professional Leader Award for his insight into retail, commercial real estate and shopping center industry in China and promoting and giving significance guidance on development strategy.
SM opened its first mall in China, SM City Xiamen in 2001 with a gross floor area (GFA) of 128,203 square meters. In 2009, the upscale SM Lifestyle Center in Xiamen was opened with a GFA of 109,922 sqm. In 2013, the SM Skywalk was launched, linking SM Xiamen and SM Lifestyle Center, providing more convenience to customers.In the last two years, SM Xiamen and SM Lifestyle Center offered WiFI services, increased parking lots, added facilities for persons with special needs and a nursery room for mothers, installed LED facilities and installed an intelligent parking system all aimed at a better customer experience. Aside from these, SM also upgraded the brands inside the mall.
Established in 2002, Mall China is the first non-profit organization in Mainland China catering to China’s retail property sector. It is likewise the largest shopping center retail organization in China. It has 700 corporate members of investors, developers, operators, retailers and relevant service agencies.
Mall China established the Golden Mall Awards to promote the best malls and encourage enterprises which have made outstanding contributions to the development of the shopping mall industry. Golden Mall Awards recognize and evaluate recent opening or under-construction projects.
Property conglomerate SM Prime Holdings, Inc. received a prestigious gold award for SM City Xiamen, Fujian Province, its first mall in China.
SM City Xiamen/SM Lifestyle Center won the Mall China Golden Mall Awards 2015 Commercial Asset Management Company Gold Award. Only eight companies were given the prestigious gold award during the 13th Annual Conference of Mall China International Symposium hosted by China Shopping Center Development Association (Mall China), an annual gathering of major shopping malls and retailers in China.
“On behalf of SM, I would like to express gratitude to our valued partners and loyal customers. Without your continued support, SM will not thrive in China, among the world’s largest retail markets. We maintain to drive retail service as our main backbone, with an aim to create an environment people can call their second home,” SM Prime’s mall group, SM Supermalls Senior Vice President Steven Tan said.
The awarding ceremony was held on September 4th, 2015 in Shenzhen,China. Mall China highly recognized SM Prime’s insight and expertise into retail, commercial real estate and shopping center development in China. SM Xiamen was also voted number 1 in WeChat, a popular messaging service in China.
This is the sixth time since 2011that SM Prime has been recognized by Mall China.
Mr. Tan, for his part, received the 2015 International Professional Leader Award for his insight into retail, commercial real estate and shopping center industry in China and promoting and giving significance guidance on development strategy.
SM opened its first mall in China, SM City Xiamen in 2001 with a gross floor area (GFA) of 128,203 square meters. In 2009, the upscale SM Lifestyle Center in Xiamen was opened with a GFA of 109,922 sqm. In 2013, the SM Skywalk was launched, linking SM Xiamen and SM Lifestyle Center, providing more convenience to customers.In the last two years, SM Xiamen and SM Lifestyle Center offered WiFI services, increased parking lots, added facilities for persons with special needs and a nursery room for mothers, installed LED facilities and installed an intelligent parking system all aimed at a better customer experience. Aside from these, SM also upgraded the brands inside the mall.
Established in 2002, Mall China is the first non-profit organization in Mainland China catering to China’s retail property sector. It is likewise the largest shopping center retail organization in China. It has 700 corporate members of investors, developers, operators, retailers and relevant service agencies.
Mall China established the Golden Mall Awards to promote the best malls and encourage enterprises which have made outstanding contributions to the development of the shopping mall industry. Golden Mall Awards recognize and evaluate recent opening or under-construction projects.
SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, won the Best Developer Award, the highest award given by the Philippines Property Awards 2015 at the Raffles and Fairmont Hotel. This makes SM Prime the Philippine entry to compete on October 2015 in Singapore against other developers coming from China, Singapore, Malaysia, Indonesia, and Vietnam.
“On behalf of our Chairman, Mr. Henry Sy, Jr., our President, Mr. Hans Sy and SM Prime team, we humbly accept this prestigious award. With this, we are more inspired to provide innovative and sustainable lifestyle cities for the greater good of the communities we serve, thank you.” SM Prime Executive Vice President Mr. Jeffrey Lim said when he received the award.
SM Prime, with a total of nine nominations across the twenty-five award categories, was conferred the evening’s biggest winner. SM Prime group also dominated several categories and bagged four awards aside from the Best Developer Award. These include Best Retail Development and Best Retail Architectural Design, for Mega Fashion Hall. Meanwhile, SM Development Corporation (SMDC), earned the trophy for Best Landscape Architectural Design for Shell Residences and Best Affordable Condo Development (Metro Manila) for Mezza II Residences.
The Philippines Property Awards 2015 celebrated the best of the best current projects in the Philippine’s real estate industry, given that we have a strong Philippine economy which positively affecting the real estate market and exhibits robust growth in the commercial, residential, offices and mixed-use sectors, as well as gearing on the opportunities across the regions.
SM Prime will remain committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.
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