SM Investments : Prime Opens the 3rd Cherry in Antipolo, Rizal

(28 June 2017, Pasay City, Philippines) SM Prime Holdings, Inc. (SM Prime), one of the leading integrated property companies in Southeast Asia, will open SM Cherry Antipolo on Friday, June 30. SM Cherry Antipolo is the 63rd mall of SM Prime in the country, which is situated along the bustling Marcos Highway, and spans 27,000 square meters (sqm) of gross floor area (GFA) bringing the total retail footprint to 9.1 million sqm in the Philippines.

'SM Cherry Antipolo is the third Cherry Foodarama outlet in the country that SM Prime re-opens to public after acquiring the brand. The opening of this mall provides the company a stronger foothold in the eastern part of Metro Manila along with our three other malls in Rizal province, the SM City Masinag, SM City Taytay and SM Center Angono,' SM Prime President Jeffrey C. Lim said.

SM Cherry Antipolo is set to expand the presence of SM Group in the Rizal province by bringing SM Supermarket, Ace Hardware, Watsons, and BDO. This three-level mall will open with 55% of its space leased awarded and will feature an enhanced shopping environment for the community, offering expanded services beyond the traditional grocery experience. This mall will also have a Skygarden on the second level, which will share a comfortable and inviting outdoor experience with covered dining areas and walking paths.

This year, SM Prime has already launched SM CDO Downtown Premier last May 12 and S Maison at Conrad Manila last June 14; and still scheduled to open in Palawan is the SM City Puerto Princesa.

SM Prime remains committed to its role as a catalyst for economic growth, delivering innovative and sustainable lifestyle cities that enrich the quality of life of millions.

For further information, please contact:

Alexander Pomento
Vice President, Investor Relations
SM Prime Holdings, Inc.
E-mail: alex.pomento@smprime.com
Tel. no.: +632 862 7940