MAY 2016 ARTICLE 3

MDS NEWSLETTER
Date Issued: MAY 2016

SM TRECE MARTIRES IS NOW OPEN

Sources: http://www.mb.com.ph/sm-opens-trece-martires-cavite-mall/

SM Prime Holdings, Inc., one of the leading integrated property companies in Southeast Asia, has opened SM City Trece Martires, its 58th in the country. This is also the fifth mall in the province of Cavite after the successes of SM City Bacoor, SM City Dasmariñas, SM City Rosario and SM City Molino. Located at the heart of the province, this latest premier destination adds 84,000 square meters (sqm) in gross floor area (GFA), bringing SM Prime’s total retail space to almost 7.5 million sqm, the largest footprint in the country.

“The success of our first four malls in Cavite encouraged us to expand the malling lifestyle in the province. SM City Trece Martires will be a great addition in the development of Cavite as we remain committed to expand towards the provincial areas,” SM Prime President Hans T. Sy said.

SM City Trece Martires, which is situated on the corner of two main thoroughfares – Governor’s Drive and Capitol Road – opens new doors to the city of Trece Martires that has more than 100,000 residents. It is bounded by Tanza on the North and West, Naic also on the West, Amadeo and Indang on the South, and General Trias on the East. Based on a 2010 census, Cavite is the most populated province in the Philippines with 3.1 million people.

SM Prime aims to open five new malls this year reaching a total of 61 malls in the Philippines and six in China with an estimated combined GFA of 8.6 million sqm by the end of the year.(JAL)

Cavite Governor Jonvic Remulla (center) led the ribbon-cutting ceremony during the blessing of SM City Trece Martires with Trece Martires Mayor Melandres de Sagun (second from left) on May 12, 2016. They were joined by SM Prime Holdings President Hans T. Sy (left), Super Value, Inc. Vice Chairman Herbert T. Sy (right), Mrs. Felicidad T. Sy (second from right) and Bishop Reynaldo Evangelista.