SM Prime Earmarks PHP100 Billion Investment for 2025

MT Newswires Live

2025/02/24

SM Prime (PSE:SMPH) plans to invest 100 billion Philippine pesos in 2025, according to a Monday Philippine bourse filing.

The property developer earmarked 21 billion pesos for mall expansion, about 67 billion pesos for residential and mixed-use projects, and 12 billion pesos for office, hospitality, and MICE (meetings, incentives, conferences, and exhibitions) facilities, it said.

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