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SM sees Central Visayas as ripe for mall expansion

The Philippine Star

|

October 24, 2024

SM Prime Holdings Inc., the integrated property developer of the Sy family, is banking on the economic growth of Central Visayas as it expands its mall presence in the region.

- Richmond Mercurio

"The opening of SM City J Mall reflects our confidence in the robust economic growth of Central Visayas," SM Prime president Jeffrey Lim said.

Citing data from the Philippine Statistics Authority, SM Prime said Central Visayas posted the highest economic growth rate among the country's 17 regions in 2023, expanding by 7.3 percent.

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(January 3 Saturday)

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