SM opens 4th mall in Pam­panga

Manila Bulletin - - Front Page - By JAMES A. LOY­OLA

SM Prime Hold­ings, Inc., one of the lead­ing in­te­grated prop­erty com­pa­nies in South­east Asia, is open­ing to­day (May 18) its new­est mall, SM City Te­labasta­gan in Pam­panga.

In a dis­clo­sure to the Philip­pine Stock Ex­change, the firm said the fourth SM mall in highly ur­ban­ized Pam­panga has a gross floor area (GFA) of 55,000 square me­ters (sqm).

“The un­wa­ver­ing sup­port of our fel­low Pam­pangueños and the fast-grow­ing econ­omy of the province have led us to open yet a new mall, this time in Te­labasta­gan,” SM Prime Pres­i­dent Mr. Jef­frey C. Lim said.

He added that, “along­side our first three malls in the province, SM City Pam­panga, SM City Clark, and SM City San Fer­nando Down­town, we see SM City Te­labasta­gan con­tribut­ing fur­ther to the con­tin­u­ous de­vel­op­ment of Pam­panga, pro­vid­ing both job op­por­tu­ni­ties and mod­ern life­style and en­ter­tain­ment to its res­i­dents.”

SM City Te­labasta­gan, which is lo­cated along one of Pam­panga’s ma­jor thor­ough­fares, MacArthur Highway, is open­ing with two floors of shop­ping, multi-cul­tural din­ing and en­ter­tain­ment zones adorned by indoor pocket gar­dens that add a touch of na­ture im­prov­ing the over­all ambiance of the mall.

It is open­ing with 84 per­cent of space lease-awarded and will fea­ture six dig­i­tal cin­e­mas and well-loved lo­cal and in­ter­na­tional brands such as The SM Store, SM Su­per­mar­ket, Uniqlo, Sur­plus Shop, Wat­sons, SM Ap­pli­ance Cen­ter, Min­iso, Ace Hard­ware, BDO and China Bank.

Ear­lier this year, SM Prime had opened two other malls, SM Cen­ter Imus in Cavite last Fe­bru­ary 16 and SM City Ur­daneta Cen­tral in Pan­gasi­nan last May 4.

The Com­pany will also open SM City Legazpi in Al­bay and SM Cen­ter Or­moc in Leyte in the sec­ond half of the year.

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.

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