Property News - Inside Retail Philippines
SM Prime Holdings has opened its first mall in Eastern Visayas, SM Center Ormoc.
Metro Retail Stores Group has reported a decline in net income of 17 per cent to US$8.63 million.
The Acienda Designer Outlet Mall in Cavite, Silang is set to open October 26.
The Duty Free Philippines Corporation (DFPC) is preparing to open a Luxe Duty Free luxury shop in the Mall of Asia.
A new Marketplace by Rustan’s upscale supermarket is opening at Festive Walk Mall this month.
SM Prime Holdings has reported a 16 per cent rise in income in the first half of this year.
Property developer Robinsons Land has opened its 50th shopping mall.
Robinsons Malls has strengthened its presence in the Visayas region with the opening of Robinsons Place Ormoc, a three-level, full-service mall in Ormoc City.
SM Prime Holdings is earmarking PHP80 billion (US$1.5 billion) this year for expansion.
Ortigas & Co. has broken ground for a seven-storey regional mall at the Greenhills shopping complex.
Megaworld last year grew its net income by 13.4 per cent to PHP13.3 billion, including non-recurring gains of PHP113 million.
Robinsons Retail Holdings is spending PHP18 billion (US$343 million) to acquire Dairy Farm’s Rustans Supercenters.