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SM Sees Strong Uptake for Offices Based in Malls

The Philippine Star

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April 17, 2025

SM Prime Holdings, the integrated property developer of the SM Group, is expanding its office portfolio to support the strong demand for its mall-based offices as more businesses seek premium spaces.

- By Richmond Mercurio

SM Prime, through unit SM Offices, is ramping up its expansion in Cebu and Bacolod, adding over 85,000 square meters of leasable space this year to meet rising demand from traditional and business process outsourcing (BPO) tenants.

SM Offices operates both standalone office towers near SM malls and mall-based office spaces.

SM Prime said the strategic locations of these office towers and integration within the SM ecosystem give tenants easy access to public transportation, retail, dining and entertainment options.

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