Tuesday, October 19, 2010

SM Prime to Open SM City Calamba

The Philippines’ dominant mall developer and operator, SM Prime Holdings, Inc. (SM Prime), opened SM City Calamba October 15, 2010. SM's 39th shopping mall in the country and its third in the province of Laguna, after SM City Sta. Rosa and SM City San Pablo, SM City Calamba has a gross floor area of 66,516 square meters (sqm) and occupies 55,102 sqm of land.

The new mall’s anchor tenants are SM Supermarket, SM Department Store, SM Appliance Center, Ace Hardware, BDO, and Watsons. Other mall tenants include Jollibee, McDonald’s, KFC, Red Ribbon, Bench, Penshoppe, and National Bookstore. SM City Calamba, with a leasable area of 44,740 sqm, also offers a business center, a Cyberzone, and a food court that comfortably seats up to 340 diners. The mall has four cinemas with a combined seating capacity of about 1,200 and parking slots for over 300 vehicles.

SM Prime President Mr. Hans T. Sy said, “We are pleased to open the doors of our newest shopping mall, SM City Calamba. It is SM’s third mall in Laguna, a clear testament to the robust progress and development that the province has sustained. Laguna offers a large and diverse market driven by trade and tourism. SM is here to fully support the growth of this beautiful and very promising province.”

SM City Calamba followed the opening this year of SM City Tarlac and SM City San Pablo. With 39 malls all over the country, SM Prime has developed a combined GFA of 4.8 million sqm. Before the year ends, the company is set to open SM City Novaliches in Quezon City and its fourth mall in mainland China, which will be located in the city of Suzhou.


Source PSE Disclosure
October 14, 2010

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