SM to open fourth mall in Cavite

SM Prime Holdings Inc. will open its 36th mall in the country and the fourth in Cavite on Friday. The mall will be located along General Trias Drive in Barangay Tejeros, Rosario in Cavite. SM City Rosario will also be the company’s last mall to be opened this year. Its major tenants are SM Supermarket, SM Department Store, Ace Hardware, SM Appliance, and personal care products distributor Watsons. Other tenants include quick service restaurants Jollibee and KFC, Savory Chicken, Max’s, and Red Ribbon, fashion and apparel retailers Penshoppe and Bench, and National Bookstore, among others. “Our three existing malls in the province are doing very well. Thus, as we eagerly open the doors of SM City Rosario, we expect it to likewise adequately service the various needs of our loyal customers in Cavite," said SM Prime president Hans Sy. This year, SM Prime launched SM City Naga, SM Center Las Piñas, SM City Fairview Annex, the Sky Garden at SM City North Edsa, and the extension of SM City Rosales in Pangasinan. In 2010, SM Prime is set to open SM City Novaliches in Quezon City ; SM City Tarlac in the province of Tarlac ; SM Supercenter Masinag in Antipolo City , Rizal; and SM City Calamba and SM Supercenter San Pablo, which are both in the province of Laguna . By the end of next year, the company will have 41 malls all over the Philippines , with an estimated gross floor area of 4.7 million square meters. -GMANews.TV