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SM Prime building 21 new malls
posted January 21, 2018 at 09:05 pm
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Jenniffer B. Austria

Property developer SM Prime Holdings Inc. is staying aggressive on its expansion as it lined up 21 new malls for completion from 2018 to 2020, documents filed with the Securities and Exchange Commission show.

SM Prime, which prepared a P20-billion fixed-rate retail bond offering, aims to complete SM City Urdaneta Central, SM City Telebastagan, SM City Legaspi, SM City Ormoc and SM City Dagupan in 2018.

Documents showed SM Prime expected in 2019 to complete SM Daet, SM Butuan, SM Olongapo Central, SM Balanga Bataan, SM Sorsogon, SM Tagum, SM City Tuguegarao, SM Mindoro and SM Grand Central.

The property unit of the SM Group will launch SM City Roxas, SM Calamba Turbina, SM Tanza, SM San Fernando, La Union, SM Laoag, SM Zamboanga and SM Malolos in 2020.

Except for the SM Grand Central in Caloocan, all new malls will rise in provincial areas.

SM Prime also continues to implement its strategy of building business process outsourcing office towers next to shopping malls.

The company plans to build eight new office buildings, including one in SM Cagayan de Oro, two in SM Southmall, one in SM Fairview, one in SM Iloilo and two in SM North Edsa.

SM Prime said assuming the oversubscription portion of the planned bond offering was exercised, it planned to spend for the expansion of eight existing malls and the construction of Four Ecom Center at Mall of Asia complex in Pasay City.

Under the company’s five-year roadmap ending 2018, the group plans to have 75 malls with a total gross floor area of 10.5 million square meters.

SM Prime earlier announced plans to issue P15-billion, fixed-rate bonds with an over subscription option of up to P5 billion and maturities of 5 years and 7 years.

The latest bond offering comprises SM Prime’s third tranche of the P60-billion, three-year debt securities program approved by the SEC in July 2016.

If the entire P20 billion is issued, SM Prime would have still have P10 billion worth of unissued bonds under the debt securities program.

SM Prime tapped BDO Capital and Investments Corp., China Bank Capital, BPI Capital Crop., First Metro Investments Corp., PNB Capital and Union Bank of the Philippines as joint underwriters for the offering.
 

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Este el primera ves yan hunto el ciudad na lista del maga malls que hunto na plano Capital Stock (20 billiones) que hay implementa el SM na venedero anios hasta 2020. Ese budget amo se el ya puede sila evalua base na valor (cost) del cada plano mall.

Ese SM Mindoro amo ya se el SM Mindpro. Typo error se sila cay ta pensa el quien ya escribi Mindoro este acabar si mira na keyboard el letra 'p' y 'o' hunto lang.

2019 - SM Mindpro
2020 - SM City Zamboanga


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SM Prime building 21 new malls
Jan 22, 2018 - Manila Standard by Jenniffer B. Austria
http://sminvestments.com/sm-prime-building-21-new-malls#

Property developer SM Prime Holdings Inc. is staying aggressive on its expansion as it lined up 21 new malls for completion from 2018 to 2020, documents filed with the Securities and Exchange Commission show.

SM Prime, which prepared a P20-billion fixed-rate retail bond offering, aims to complete SM City Urdaneta Central, SM City Telebastagan, SM City Legaspi, SM City Ormoc and SM City Dagupan in 2018.

Documents showed SM Prime expected in 2019 to complete SM Daet, SM Butuan, SM Olongapo Central, SM Balanga Bataan, SM Sorsogon, SM Tagum, SM City Tuguegarao, SM Mindoro (Mindpro?) and SM Grand Central.

The property unit of the SM Group will launch SM City Roxas, SM Calamba Turbina, SM Tanza, SM San Fernando, La Union, SM Laoag, SM Zamboanga and SM Malolos in 2020.

Except for the SM Grand Central in Caloocan, all new malls will rise in provincial areas.
 

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^^akel ta abla hende SM Mindpro na noticia ya sale sino SM Mindoro. typo error akel SM Mindpro gad akel este noticia ya sale nuevo staba na SM. de Feb 12 lang deste 2018. Congrats Zamboanga 2 SM Malls. :cheers:

^^


Habla ya gayot yo jendeh aquel SM Mindoro sino SM Mindpro aquel!

Gracias na update sir! :eek:kay:


YESSSSssssssssssssss!

2 SM Malls for Asia's Latin City!

This deserves a :banana: dance!

Maca-para pelo!

SM Mindpro (2019)
GFA: 45,144 sq. m.​

SM Zamboanga (2020)
Lot Area: 25,655 sq. m. (2.6 hectares)
GFA: 65,055 sq. m.​

TOTAL GFA of SM Malls in Zamboanga City: 110,199 sq. m.
 
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SM Mindpro is set to open in 2019, has a gross floor area of 45,144 square meters located in La Purisima
St., Zone 3, Zamboanga City.

----

SM Zamboanga is set to open in 2020, has a lot size of 25,655 square meters with a gross floor area
of 65,055 square meters located in Brgy. Canelar and Brgy. Camino Nuevo, Zamboanga City. Anchor
tenants are SM Supermarket and SM Department Store. The mall will house cinemas, amusement
center, cyberzone, and foodcourt.



SOURCE: https://smprime.com/sites/default/files/reports/SMPH T3_Offer Supplement_Final.pdf
 

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Congrats pero sana di nahati at wala na yang SM Mindpro (first of its kind ata yan 2nd hand SM citymall type). Maliit lang tuloy yung SM city.

^^


Habla ya gayot yo jendeh aquel SM Mindoro sino SM Mindpro aquel!

Gracias na update sir! :eek:kay:


YESSSSssssssssssssss!

2 SM Malls for Asia's Latin City!

This deserves a :banana: dance!

Maca-para pelo!

SM Mindpro (2019)
GFA: 45,144 sq. m.​

SM Zamboanga (2020)
Lot Area: 25,655 sq. m. (2.6 hectares)
GFA: 65,055 sq. m.​

TOTAL GFA of SM Malls in Zamboanga City: 110,199 sq. m.
 

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Congrats pero sana di nahati at wala na yang SM Mindpro (first of its kind ata yan 2nd hand SM citymall type). Maliit lang tuloy yung SM city.
Fyi, SM will expand the existing Mindpro Mall.
 

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Samboangan Boy
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^^


Habla ya gayot yo jendeh aquel SM Mindoro sino SM Mindpro aquel!

Gracias na update sir! :eek:kay:


YESSSSssssssssssssss!

2 SM Malls for Asia's Latin City!

This deserves a :banana: dance!

Maca-para pelo!

SM Mindpro (2019)
GFA: 45,144 sq. m.​

SM Zamboanga (2020)
Lot Area: 25,655 sq. m. (2.6 hectares)
GFA: 65,055 sq. m.​

TOTAL GFA of SM Malls in Zamboanga City: 110,199 sq. m.
^^Nice bien exciting man gat este year mucho man buen noticia para na Cuidad. Siguro sabay este year el construction del SM Mindpro y SM Zamboanga baka lang. Lets wait and see:)
 

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^^Nice bien exciting man gat este year mucho man buen noticia para na Cuidad. Siguro sabay este year el construction del SM Mindpro y SM Zamboanga baka lang. Lets wait and see:)
Ta mira yo dentro este 2018 este dos SM principia de ila construcion.

Pero dol man una un poco el SM Mindpro despues cuantos meses el SM Zamboanga ya.
 

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Sat. Image dated March 8, 2018

The soon-to-be built SM City Zamboanga is right at the middle of this very compact metropolis.
 

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billboard @ SM's property along Agan Avenue

retrato (c) IG: @jarizzadiane
 

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Vale Zamboanga!
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Hola Zamboanga!

Safe Malling Fun is finally here in Zamboanga! Mark your calendars as we open our doors on November 27, 2020, 10AM. See you!!!

A haven of safe and fun malling, SM City Mindpro will follow strict implementation of minimum health standards using advanced, touch-free technology – creating a seamless shopping experience for all.

Supporting our LGU’s regulations, don’t forget to bring with you your Q-Pass and valid ID, facemask, and face shield. See you!

#SafeMallingFunInZamboanga


 

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