SM expands, updates malls as Pinoys upgrade


Mall operator SM Prime Holdings, Inc. sees the next three years as a period of steady growth of 7 to 10 percent in terms of additional leasable space as the company expands its portfolio of malls within and outside the country.

SM Prime is sticking to its tried and tested strategy of opening or expanding three to four malls a year, while its China operation will add one mall each year to the existing five malls.

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Jonas Montemayor


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