trending Market Intelligence /marketintelligence/en/news-insights/trending/ahhpnqtlisfyy5-emms_eq2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

SM Prime expands mall portfolio in China with Tianjin launch

Street Talk Episode 51 - Goldman Talks Libor Transition, Recent SOFR Volatility

#ChangePays: Although Still Underrepresented, Women in the C-Suite are Driving Profitability

Cable Nets For Kids Enjoy Wide Carriage On Skinny Bundles

Energy

Power Forecast Briefing: Fleet Transformation, Under-Powered Markets, and Green Energy in 2018


SM Prime expands mall portfolio in China with Tianjin launch

SM Prime Holdings Inc. launched SM City Tianjin as its newest shopping mall in China on Dec. 17, marking the opening of its seventh mall in the country.

SM City Tianjin represents the latest expansion of the Filipino property developer's Chinese retail portfolios, which comprises SM City Xiamen, SM City Jinjiang, SM City Chengdu, SM City Suzhou, SM City Chongqing and SM City Zibo. The company said it would continue increasing its investments in China as it saw firm growth in consumer spending there.

In a release, SM Prime said SM City Tianjin was located within the Tianjin Airport Economic Area at the emerging Binhai New Area, which is the largest free trade zone in the northern part of the country.

The retail property has a gross floor area of 565,000 square meters, and counts among its anchor tenants Dadi IFree Cinema, Bravo Yonghui Supermarket, Jiawen, FTZ Korea World, Decathlon, Acasia Food Court and Watsons. At its opening, the mall had been more than 60% leased.

With SM City Tianjin's launch, SM Prime's mall portfolio in the Philippines and China now spans a combined gross floor area of 9.1 million square meters.