SM Supermalls President Steven Tan has made waves in the international
business scene by being honored by GuanDian, the leading supplier of industry
info and data in China, with the "Award for Most Prominent Commercial Real
Estate Contributor of the Year" at the 2024 GuanDian Commercial Annual
Meeting's "Performance Index: 2024 Commercial Real Estate (CRE)
Performance" in Shanghai, China, on October 31, 2024. This recognition
highlights Mr. Tan’s exceptional leadership and significant contributions to
the commercial real estate industry.
(L-R): China Real Estate Association Secretary-General Cai Yun presents SM Supermalls President Steven Tan with the "Award for Most Prominent Commercial Real Estate Contributor of the Year" from GuanDian, the leading supplier of industry info and data in China. |
SM Supermalls prioritizes adapting to evolving customer needs and
gaining competitive edges through localized operations. Mr. Tan emphasized, “SM
Malls are hubs where communities thrive, where people come together, connect, and
experience a shared sense of belonging. We are creating real, lasting impact
that helps build stronger, more inclusive communities where everyone belongs.”
SM Supermalls President Steven Tan receives top honors from GuanDian, the leading supplier of industry information, data, and analysis in China, with the "Award for Most Prominent Commercial Real Estate Contributor of the Year" for his leadership impact and innovation. |
Mr. Tan has been instrumental in the growth and innovation of the mall
chain, both in the Philippines and China. Under his leadership, SM successfully
navigated the challenges of the pandemic and emerged stronger than ever. His
innovative strategies, such as adapting the tenancy mix, creating new
experiences, and embracing omnichannel services, have resonated with modern
shoppers. As a result, SM surpassed pre-pandemic performance and continues to
expand its footprint with new malls in both countries. Tan's exceptional
leadership has been recognized internationally, earning him prestigious awards
such as the 2021 Asia's Most Influential by Tatler Asia and the 2022 Global
Filipino Executive of the Year.
An insightful keynote address on commercial trends is delivered by SM Supermalls President Steven Tan at the 2024 GuanDian Commercial Annual Meeting in Shanghai, China. |
SM China makes the GuanDian Performance Index
The GuanDian Index Research Institute’s "Performance Index: 2024
Commercial Real Estate Performance" recognized SM China, a subsidiary of
SM Prime Holdings, Inc. (SM Prime), for its outstanding performance in
operations, management, branding, and innovation, following extensive field
research, surveys, and corporate interviews.
A rendering of SM Xiamen voco Hotel, SM’s first hotel in China in partnership with InterContinental Hotels Group (IHG), which is scheduled to open in the second half of 2025. |
In 2024, SM China actively pursued its strategy of "Deepening
Roots in Fujian, Expanding Across China." This included introducing the
voco brand in Fujian through the SM Xiamen voco Hotel, completing the SM
International Center, breaking ground on SM City Fuzhou, and opening SM Xiamen
Wong Street.
SM City Fuzhou, the SM Group's first mall in Fuzhou City, broke ground last September, signifying the beginning of the construction of the newest SM mall in China. |
SM Prime currently operates eight malls in China: SM City Xiamen, SM City Jinjiang, SM City Chengdu, SM City Suzhou, SM City Chongqing, SM City Zibo, SM City Tianjin, and SM City Yangzhou.
GuanDian, the leading provider of industry information and data
analysis in China, is renowned for its annual "Performance Index: 2024
Commercial Real Estate (CRE) Performance" list. This list recognizes remarkable
performance in the commercial real estate industry based on rigorous research
and analysis. Past honorees include prominent figures such as HuiXian Real
Estate Investment Trust (REIT) Chief Executive Officer Cheung Ling Fung, China
Merchants Property Operation Chairman Nie Liming, and CR MixC Lifestyle
President Yu Linkang, highlighting the significance of this award.
SM City Yangzhou, the 8th SM mall in China, opened in 2023 and features an indoor basketball gym, wall climbing, a stand-up comedy bar, an art gallery, and an IMAX theater. |
This award reflects SM Supermalls' unwavering commitment to excellence and innovation. As SM continues to expand its footprint both locally and internationally, the company remains dedicated to delivering exceptional shopping experiences and building stronger community ties.
To learn more about SM Supermalls’ global impact, visit www.smsupermalls.com, or follow @SMSupermalls on social media. (SM Supermalls)