MANILA, Philippines - Leading mall developer SM Prime Holdings, Inc. is opening its 46th shopping mall in the country - SM Lanang Premier - on Friday.
The new mall is located at J.P. Laurel Avenue, Brgy. Lanang, Davao City. This is SM's second mall in the province, after SM City Davao.
"We warmly welcome our valued customers to our second mall in the province of Davao, SM Lanang Premier. This is SM Prime's biggest and first premier mall development project in Mindanao that is designed to cater to the growing demands of the Davao market and its vibrant tourism industry," SM Prime president Mr. Hans T. Sy said.
SM Lanang Premier is already 88% occupied by various tenants, such as SM Department Store, SM Supermarket, Forever 21, Centerstage, Ace Hardware, Cha Time, Mesa and Vikings.
The mall will also house the SMX Davao Convention Center, and will also have 5 cinemas and IMAX Theater, bowling center, and Science Discovery Center.
SM Lanang Premier is the 46th SM mall in the country and the 5th to open this year.
For the rest of 2012, SM Prime is scheduled to open SM Chongqing, which will bring its malls in China to 5.