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SM Prime holds ₱100B war chest
Manila Bulletin
|December 1, 2025
SM Prime Holdings Inc. (SM Prime), one of Southeast Asia’s largest property developers, will maintain its ₱100 billion capital expenditure (capex) budget for next year as it continues an aggressive expansion in the Philippines.
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“We will probably maintain the capex that we had this year, which is also more or less the same in the previous year [2024],” SM Prime President and CEO Jeffrey C. Lim said in an interview.
Banking on growth in the Philippine economy and consumer spending, SM Prime is aggressively expanding its diversified portfolio, led by its flagship mall business, which includes offices, convention centers, hotels, upscale residential villages, and affordable-to-mid-market condominiums.
Cette histoire est tirée de l'édition December 1, 2025 de Manila Bulletin.
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