Tuesday, May 3, 2011

SM to build its largest mall in China - Philstar.com

By philstar.com

MANILA, Philippines (Xinhua) - The Philippines' largest mall operator plans to build its fifth mall in China, which the company said will be SM Prime Holdings, Inc.'s biggest shopping mall to date.

SM Prime told the Philippine Stock Exchange today that the new mall will be built in the industrial city of Tianjin in China.

The mall, expected to be the biggest that the company will build so far, will have a gross floor area of 530,000 square meters.

It is bigger than SM Prime's SM Mall of Asia's gross leasable area of 406,962 square meters. SM Mall of Asia is currently the third largest mall in Asia and the largest in the Philippines.

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