SM Prime adds to Luzon portfolio

Philippine integrated property company SM Prime Holdings has opened a mall in Batangas to continue its expansion in southern Luzon.

SM Center Lemery adds 25,000sqm to SM Prime’s total gross floor area in the Philippines, and follows SM City Batangas and SM City Lipa.

It opened with nearly 90 per cent of space leased. There are three floors of mixed retail and food tenants including brands such as Ace Hardware, BDO, Miniso, Simply Shoes, SM Appliance Center, SM Hypermarket, Surplus and Watson’s. There are also a Cyberzone and a Wellness Zone.