SM Prime Holdings, Inc. (SM Prime) is scheduled to open SM City Tuguegarao on November 18, 2022. This new mall is set to further highlight shopping, dining, and entertainment activities in the capital of Cagayan Province as it will provide more than 62,000 square meters (sqm) of gross floor area (GFA). SM City Tuguegarao will open with 85% of space lease awarded featuring two levels of mixed-use commercial space incorporating local and international shopping and dining destinations led by SM Group's brands such as The SM Store, SM Supermarket, Ace Hardware, Pet Express, Sports Central, Our Home, SM Appliance Center, Watsons, Surplus, Miniso, Crocs, Levi's and BDO.

SM City Tuguegarao, which is located at the bustling Bagay Road, Barangay Caritan Norte, Tuguegarao City, will have five SM Cinemas, FoodCourt, Wellness Zone, Cyberzone, almost 2,000 carpark slots and transport bays that will add convenience and ease of access. This new mall will also feature Valley Park, which will provide a lush al fresco venue for shoppers and guests to enjoy and unwind. SM City Tuguegarao is SM Prime's 82nd mall in the Philippines.

Once opened, the Company will have 58 malls in the provincial areas of the country and 24 malls in Metro Manila. SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities, thereby enriching the quality of life of millions of people.