Thursday, February 18, 2010
SM City San Pablo's Four Major Anchors
Actually when I'm thinking about anchors, the first thing I thought of is something related to a ship. A huge metal used to hook in seabed.
Sorry for being intellectually challenge by the word "anchor." LOL
Anyway, in business like in shopping mall like the one to be build in San Pablo City, in the Province of Laguna, in my motherland----the Philippines. SM City San Pablo has anchors, which I research in answers.com for clarification. And according to that site, is one of the larger store in shopping mall, usually a department store or a retail chain.
SM City San Pablo Has Four Major Anchors Namely:
SM Department Store
The very foundation and one of the major anchors inside the mall. The one-stop shopping experience in fashion, footwear and other good quality products can only be found at SM Department Store.
SM Supermarket
The Grocery Store is one of the first anchor tenants in the mall. one-stop grocery store filled with good quality products.
SM Food Court
Features various food stalls both local and international.
SM Cinemas
Available for watching International and Local films.
I just want to note that the logos are not the actual logo. It may vary depending on the shopping mall branch. At least I gave an idea on what to see in SM Shopping Mall in San Pablo City. If you're familiar with other branches of SM Shopping Mall, you have already know about major anchors.
The time I'm typing this, SM City San Pablo is under construction. Just giving you on what to expect in this huge remarkable shopping mall.
Wednesday, February 17, 2010
SM Prime to sell $300-million worth of REITs
By JAMES A. LOYOLA
February 3, 2010, 5:49pm
SM Prime Holdings Inc., the country’s biggest mall developer, is planning to raise $300 million from both domestic and international investors by being among the first to issue real estate investment trusts (REITs) in the Philippines.
In an interview yesterday during the opening of the new P500 million annex in SM City Fairview, SM Prime executive vice president Jeffrey Lim said they are currently shopping for a financial adviser that will help them package the fund raiser.
He said they have yet to decide how many and which malls will be included in the asset pool but noted that these will have to be ones that are already providing a regular stream of profits.
Lim said they can be expected to issue the REITs as early as May when the implementing rules and regulations for the REIT law have already been issued. He noted that the law has already been published and the IRR should come out 90 days after the law becomes effective.
“REITs will help develop the capital market by bringing in new investors while allowing us to unlock the value of our properties,” said Lim noting that the size will have to be big enough to attract foreign investors who will provide the issue with liquidity.
Lim said proceeds from the REIT offer will help fund the firm’s capital expenditures program this year amounting to P12 billion of which P8 billion will be used to start construction of five new malls in the country while P4 billion will be spent for its expansion in China.
SM Prime is starting construction this year of malls in Calamba (Laguna), Tarlac, Novaliches, Masinag (Antipolo), and San Pablo (Laguna) which are targeted for opening in 2011. In China, construction will start in Chong Qing.
For next year, SM Prime will start building malls in General Santos City, Commonwealth Avenue in Quezon City, Lanang (second mall in Davao City) and its second mall in Cebu to be located in La Consolacion, South Reclamation project.
Lim said they expects to add 300,000 square meters to their current gross leasable area of 4.5 million square meters this year and another 300,000 to 350,000 square meters next year.
According to Lim, SM Prime is expected to post a net income growth of 8 to 10 percent in 2009 on the back of revenue growth of 12 to 15 percent, boosted by earnings of new malls as well as rising sales from existing malls.
He added that the firm also expects 2010 to be a better year financially based on the forecast economic growth of as much as 4 percent combined with the opening of five more malls this year.
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WOW! According to the plan, SM City San Pablo was just one of one multiple branches, even abroad like in China
February 3, 2010, 5:49pm
SM Prime Holdings Inc., the country’s biggest mall developer, is planning to raise $300 million from both domestic and international investors by being among the first to issue real estate investment trusts (REITs) in the Philippines.
In an interview yesterday during the opening of the new P500 million annex in SM City Fairview, SM Prime executive vice president Jeffrey Lim said they are currently shopping for a financial adviser that will help them package the fund raiser.
He said they have yet to decide how many and which malls will be included in the asset pool but noted that these will have to be ones that are already providing a regular stream of profits.
Lim said they can be expected to issue the REITs as early as May when the implementing rules and regulations for the REIT law have already been issued. He noted that the law has already been published and the IRR should come out 90 days after the law becomes effective.
“REITs will help develop the capital market by bringing in new investors while allowing us to unlock the value of our properties,” said Lim noting that the size will have to be big enough to attract foreign investors who will provide the issue with liquidity.
Lim said proceeds from the REIT offer will help fund the firm’s capital expenditures program this year amounting to P12 billion of which P8 billion will be used to start construction of five new malls in the country while P4 billion will be spent for its expansion in China.
SM Prime is starting construction this year of malls in Calamba (Laguna), Tarlac, Novaliches, Masinag (Antipolo), and San Pablo (Laguna) which are targeted for opening in 2011. In China, construction will start in Chong Qing.
For next year, SM Prime will start building malls in General Santos City, Commonwealth Avenue in Quezon City, Lanang (second mall in Davao City) and its second mall in Cebu to be located in La Consolacion, South Reclamation project.
Lim said they expects to add 300,000 square meters to their current gross leasable area of 4.5 million square meters this year and another 300,000 to 350,000 square meters next year.
According to Lim, SM Prime is expected to post a net income growth of 8 to 10 percent in 2009 on the back of revenue growth of 12 to 15 percent, boosted by earnings of new malls as well as rising sales from existing malls.
He added that the firm also expects 2010 to be a better year financially based on the forecast economic growth of as much as 4 percent combined with the opening of five more malls this year.
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WOW! According to the plan, SM City San Pablo was just one of one multiple branches, even abroad like in China
Thursday, February 4, 2010
San Pablo City Guide: What You Need To Know About
Article Source: http://www.expatforum.com/articles/cities/san-pablo-city-guide.html
by MoveForward on August 17, 2007
The City of San Pablo, or Lungsod ng San Pablo, is a second-class income city found at the southern portion of the Laguna province in the South Luzon region of the Philippines. It is located 82 kilometers from Manila, sprawled among the foothills of Mount Cristobal and Mount Banahaw with a total land area of 197.60 km².
It is otherwise known as the “City of Seven Lakes” because it is bequeathed with the seven crater lakes of Sampalok, Yambo, Calibato , Muhikap, Palakpakin, Pandin, and Bunot. These lakes have figured prominently in the people’s livelihood ideal grounds for fresh water fishing and fish-raising.
Aside from fishing and tourism industries, San Pablo is also a major industrial center that primarily manufactures coco-based food products such as buko pie, buko juice, macapuno and nata de coco preserves, desiccated coconut, and coconut cooking oil. Other industries include the manufacturing of processed meat products, bottled water, coco lumber, stainless kitchenware, and steel bodies for jeepneys.
Residential Places in San Pablo
Almost all the 80 barangays that politically subdivides San Pablo City consists of residential neighborhoods. Some of these residential neighborhoods are found within gated communities locally referred to as subdivisions and villages. These are the most often preferred residence of middle to upper class families as they often feature walled perimeters with guarded gates to provide limited access. Most common featured amenities in these gated communities include lighted streets, centralized water distribution system, and garbage management.
Some of San Pablo City’s subdivision and villages include Metropolis South, Monte Lego Nature Estates, Aranville Heights, Buenaville Heights Subdivision, and miramonte subdivision.
Hospitals and Universities of San Pablo
Universities of San Pablo
San Pablo City’s tertiary education system is composed of a state-owned university and several colleges that provide training and instruction in various fields of study. These are the Laguna State Polytechnic College-San Pablo City National School of Arts and Trades in Barangay Del Remedios, Canossa College at the Lakeside Park Subdivision, Laguna College in Paseo De Escudero, Dalubhasaan ng Lungsod ng San Pablo in Barangay San Jose, STI Computer Science and Technology-San Pablo on Lopez Jaena Street, Saint Peter’s College Seminary along Schetelig Avenue, Montessori Professional College, and San Pablo Colleges.
Commercial Places in San Pablo
Three of the city’s major commercial centers are the San Pablo City Shopping Center at the corner of Rizal Avenue and Bonifacio Street, Ultimart Shopping Plaza on M. Paulino Street, and the Centro Park Department Store and Supermarket. Found in all three establishments stores and boutiques for most general commodities, service shops, and eating establishments that range from casual sit-down restaurants to prominent fastfood outlets.
San Pablo is yet to have a large, modern shopping mall in its locality with the construction of SM City San Pablo on Rizal Avenue. Upon its completion, the mall will be a branch of the country’s largest chain of supermalls owned and developed by SM Prime Holdings. It will feature the usual SM anchor stores, such as the SM Department Store, SM Cinema, SM Foodcourt, and SM Supermarket. In addition, it will carry several retail and service shops, entertainment halls, and dining establishments.
The city’s major shopping center is the SM City-San Pablo which stands along the Rizal Avenue. It is a branch of the country’s largest chain of supermalls owned and developed by SM Prime Holdings.
Most certainly, San Pablo’s prime recreational centers are the numerous hotels and resorts found in the city’s most scenic spots. These establishments often feature recreational facilities and restaurants amidst the breath-taking backdrop of nature. The city’s finest hotel/resorts include the Villa Escudero Plantations and Resort , Dioko Resort & Butterfly Farm, Palaisdaan at Kamayan sa Ilog Restaurant & Resort in Barangay San Ignacio, Bato Spring in Barangay San Cristobal, Siesta Residencia de Arago at the Green Valley Subdivision, Tierra De Oro Resort-Hotel along Maharlika Highway in Barangay San Antonio, Cresta Monte Resort and Countryside Spring Resort in Barangay Sto Angel, Star Lake Resort and Mohicap Lake Resort in Barangay San Buenaventura, Bukid Rest Resort in Barangay Concepcion, Kay Inay Resort on C. Colago Avenue, and San Rafael Swimming Pool in Barangay San Rafael.Service Establishments of San Pablo
Service Establishments of San Pablo
Electricity in the city is supplied by the Manila Electric Company (MERALCO). Formerly known as the Manila Electric Rail and Light Company, it currently holds a central franchise on 22 cities and 89 municipalities making it the larges electric power distributor in the Philippines. Applications for service and bill payments may be done by visiting the MERALCO San Pablo branch office on M. Paulino Street.
Telecommunication companies servicing the city are the Philippine Long Distance Telephone Company (PLDT) and Digitel Telecommunications. Both companies provide traditional fixed telephone services and internet access via dial-up and digital subscriber line (DSL). Internet service providers in San Pablo are MOZCOM and SmartBro of Smart Communications, a subsidiary of PLDT. The latter provides wireless internet service via broadband.
Cellular service providers in San Pablo City are the Smart Communications, Globe Telecom, Sun Cellular of Digitel Telecommunications, and Next Mobile. All companies offer differing subscription packages for all income brackets.
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I was born in San Pablo City but there still so many things I need to know in this beautiful city of San Pablo. Hope you were also informed well.
P.S. I just choose the part of the article which I think the reader needed most, for the complete article go to
http://www.expatforum.com/articles/cities/san-pablo-city-guide.html
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