Posted on August 09, 2012 11:05:28 AM
| BREAKING NEWS
SM PRIME Holdings, Inc., the country’s
largest mall development firm, is firming up its presence in Mindanao as it
opens on Friday its 45th mall in General Santos City, South Cotabato, one of
the country’s most populous, highly-urbanized centers, a disclosure to the
local bourse showed on Thursday.
“We warmly welcome our valued customers to SM
City General Santos, our first mall in the province of South Cotabato. With its
thriving economy, General Santos provides an ideal venue for SM malls as we see
a huge potential for growth in the city,” said Hans T. Sy, SM Prime president.
At present, SM City General
Santos--which has a gross floor area of 95,764 square meters and located in the
city’s Lagao disrict--is already 80% occupied by various retail tenants,
anchored by SM Department Store and SM Supermarket, SM Prime said.
In addition to tenant space, SM City
General Santos will also feature amenities such as a food court, four cinemas
capable of seating 1,400, as well as 1,500 parking slots. -- Franz Jonathan G.
de la Fuente
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