In Shops

SM Prime allots USD200m for China expansion

SM Prime Holdings Inc., the integrated property firm of Henry Sy, is spending around USD200 million for its shopping mall expansion in mainland China. The umbrella property firm, one of the largest in Southeast Asia, will draw down until late this year the bulk of the proceeds of a USD300-million syndicated loan, an executive said.

 

(Source: philstar.com)

Follow Retail in Asia on Facebook, Twitter and LinkedIn.

Get our top stories delivered to your inbox:

 

Stay ahead
Subscribe for free!
Register now
Stay ahead