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    A Management Company of SM PRIME HOLDINGS

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    Meach Callejo
    SM Prime Holdings, Inc. is the largest retail shopping center developer and operator in the Philippines. It began as a mall developer in 1985 with its first mall, SM North EDSA. Since then it has expanded to over 60 malls in the Philippines and China totaling over 9 million square meters of space. SM Prime's vision is to be a leader in world-class mall development committed to delivering daily needs and creating a better quality of life through its malls. Its mission includes providing customers with innovative facilities and services, undertaking corporate social responsibility initiatives, being an employer of choice, and delivering sustainable growth for shareholders.

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    A Management Company of SM PRIME HOLDINGS

    Uploaded by

    Meach Callejo
    165 views2 pages
    SM Prime Holdings, Inc. is the largest retail shopping center developer and operator in the Philippines. It began as a mall developer in 1985 with its first mall, SM North EDSA. Since then it has expanded to over 60 malls in the Philippines and China totaling over 9 million square meters of space. SM Prime's vision is to be a leader in world-class mall development committed to delivering daily needs and creating a better quality of life through its malls. Its mission includes providing customers with innovative facilities and services, undertaking corporate social responsibility initiatives, being an employer of choice, and delivering sustainable growth for shareholders.

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    A management company of SM PRIME HOLDINGS

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    SM Prime Holdings, Inc. is the largest retail shopping center developer and operator in the Philippines. It began as a mall developer in 1985 with its first mall, SM North EDSA. Since then it has expanded to over 60 malls in the Philippines and China totaling over 9 million square meters of space. SM Prime's vision is to be a leader in world-class mall development committed to delivering daily needs and creating a better quality of life through its malls. Its mission includes providing customers with innovative facilities and services, undertaking corporate social responsibility initiatives, being an employer of choice, and delivering sustainable growth for shareholders.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    165 views2 pages

    A Management Company of SM PRIME HOLDINGS

    Uploaded by

    Meach Callejo
    SM Prime Holdings, Inc. is the largest retail shopping center developer and operator in the Philippines. It began as a mall developer in 1985 with its first mall, SM North EDSA. Since then it has expanded to over 60 malls in the Philippines and China totaling over 9 million square meters of space. SM Prime's vision is to be a leader in world-class mall development committed to delivering daily needs and creating a better quality of life through its malls. Its mission includes providing customers with innovative facilities and services, undertaking corporate social responsibility initiatives, being an employer of choice, and delivering sustainable growth for shareholders.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    (A management company of SM PRIME HOLDINGS, INC.

    PROFILE OF THE ORGANIZATION

    HISTORY

    SM Prime Holdings, Inc. was incorporated in the Philippines in 1994. They started as a

    mall developer and operator and grew to be the biggest retail shopping center developer and

    operator in the Philippines.

    SM Prime started its mall development business in 1985 with the opening of SM North

    EDSA. However, it was in the early 90’s when the “malling phenomenon” became apparent with

    the opening of SM City Sta. Mesa in 1990 and SM Megamall in 1991. Malling has become a way

    of life for millions of Filipinos as more SM Malls were opened in Metro Manila and provincial

    areas. The management of the malls is now handled by subsidiary Shopping Center and

    Management Corporation (SCMC).

    Today, SM Prime has become one of the biggest mall operators in Southeast Asia.

    Combined, the company has 60 malls in and outside Metro Manila and 7 shopping malls in China,

    totaling 9.1 million square meters of Gross Floor Area (GFA). In the Philippines, they have a total

    of 17,309 tenants and 1,472 tenants in China

    SM Prime goes beyond mall development and management through its units and subsidiaries.

    VISION

    SM Prime envisions to be a leader in a world-class mall development committed to delivering the

    daily needs of millions by offering a total mall experience and creating a richer better quality of life.

    MISSION

    SM Prime commits to the following mission:

    - To constantly provide customers with a fresh and world-class mall experience through

    innovative and state-of-the-art facilities and services;

    - To undertake wide-ranging corporate social responsibility initiatives that provide greater

    service for customers with special needs and ensure environmental sustainability through

    various programs on energy, water, and air conservation;

    - To be an employer of choice, offering comprehensive opportunities for career growth and

    enhancement;
    - To deliver sustainable long-term growth and increasing shareholder value; and

    - To uphold its role as a catalyst for economic development.

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