Sm Prime Holdings Inc. (SMPH)
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Sm Prime Holdings Inc. Profile
| Real Estate Management & Development Industry | Real Estate Sector | Jeffrey C. Lim CEO | XPHS Exchange | PHY8076N1120 ISIN |
| PH Country | 10,980 Employees | 12 May 2026 Last Dividend | 21 May 2012 Last Split | - IPO Date |
Overview
SM Prime Holdings, Inc. is a prominent property development company that has carved a significant niche in the Philippines, China, and Southeast Asia. Founded in 1994 and headquartered in Pasay City, Philippines, SM Prime Holdings has diversified its operations across four major segments: Mall, Residential, Commercial, and Hotels and Convention Centers. The company’s business model focuses on operating, maintaining, and renting commercial shopping malls, alongside the development and sale of residential units, office buildings, and the management of hotels and convention centers. With a strong presence of 78 malls in the Philippines and 7 in China, as well as multiple hotels, convention centers, and residential projects, SM Prime Holdings stands as a major player in the property development and management industry in the region.
Products and Services
- Mall Operations - SM Prime Holdings specializes in the operation, maintenance, and rental of commercial shopping malls. The company’s expansive network includes 78 malls in the Philippines and 7 in China, featuring a variety of retail shops, amusement centers, and cinema theaters. This segment aims to provide a comprehensive and enjoyable shopping experience to consumers.
- Residential Developments - The company is engaged in the development and sale of residential units, catering to a wide range of customers through condominium units, leisure homes, and resorts. This segment demonstrates SM Prime Holdings’ commitment to providing quality living solutions in key urban and resort locations.
- Commercial Properties - SM Prime Holdings ventures into the development, operations, management, and leasing of office buildings, catering to the needs of a diverse range of business and corporate tenants. This segment focuses on delivering prime commercial spaces that promote growth and efficiency.
- Hotels and Convention Centers - The company operates and maintains hotels and convention centers, contributing to the tourism and meetings, incentives, conferences, and exhibitions (MICE) industry. As of December 31, 2021, it managed nine hotels with a total of 2,200 rooms, in addition to five convention centers and two trade halls, offering stellar services for travelers and event organizers alike.
