SM Prime Holdings opens 60th mall

An 80,000 sqm mall has been opened in eastern Metro Manila by Southeast Asian integrated property company SM Prime Holdings.

As its 60th mall in the Philippines, SM City East Ortigas reinforces its commitment to continue expanding there given the economy’s strong performance, says SM Prime president Jeffrey C Lim.

SM Prime’s malls in eastern Metro Manila include SM Megamall in Mandaluyong, SM Marikina and SM Center Pasig. It also has SM Angono, SM Masinag, SM San Mateo and SM Taytay in Rizal Province.

SM City East Ortigas has opened with almost 80 per cent of its space leased out. The two-level mall houses SM’s flagship retail brands The SM Store and SM Supermarket, plus its specialty stores such as Ace Hardware, SM Appliance Center, Uniqlo and Watsons. It will also have a Cyberzone, wellness tenants, four digital cinemas and four Director’s Club cinemas, as well as dining destinations. There are 650 parking slots.

SM Prime opened SM Cherry Congressional a year ago in Quezon City, as well as SM City San Jose Del Monte in Bulacan in April and SM City Trece Martires in Cavite in May.

Of its 60 malls in the Philippines, 22 are in Metro Manila, 29 in Luzon, five in the Visayas and four in Mindanao. SM Prime also has six malls in China. SM Prime is also involved in residential development, leisure properties and hotels.