It’s Raining Real Estate Opportunities this July: Now is certainly the best time to invest in an SMDC property
July 10, 2023 at 06:47 am EDT
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It's Raining Real Estate Opportunities this July: Now is certainly the best time to invest in an SMDC property
Monday, Jul 10, 2023
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July creates the perfect storm of opportunities in real estate. As we enter the second half of the year, we're seeing signs of a strong recovery for the Philippine real estate industry, marked by an increase in property values and rental rates, and a decrease in vacancy rates.
SM Prime Holdings Inc. published this content on 10 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 July 2023 10:46:09 UTC.
SM Prime Holdings, Inc. is a Philippines-based integrated property developer, which is engaged in the development of malls, residences, offices, hotels and convention centers. The Company has approximately 82 malls in and outside Metro Manila and eight shopping malls in China, totaling 10.5 million square meters of Gross Floor Area (GFA). In the Philippines, the Company has a total of 19,919 tenants and 1,952 tenants in China. The Mall segment develops, conducts, operates and maintains the business of modern commercial shopping centers and all businesses related thereto. Residential and commercial segments are involved in the development and transformation of residential, commercial, entertainment and tourism districts through sustained capital investments in buildings and infrastructure. The Hotels and Convention Centers segment is engaged in and carries on the business of hotel and convention centers and operates and maintains any and all services and facilities incident thereto.
SM PRIME HOLDINGS, INC. 
