Jeffrey C. Lim is a visionary leader shaping the future of SM Prime Holdings, Inc., one of Southeast Asia’s most influential integrated property developers. With three decades of experience within the SM Group, he has been instrumental in driving the company’s expansion, financial success, and commitment to sustainability.
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Transforming SM Prime into a Real Estate Powerhouse
Since its establishment in 1994, SM Prime has grown from a mall developer into a leader in real estate, residential, office, hotel, and convention centre development. Lim played a key role in the 2013 consolidation of all SM Group property units, creating the largest real estate company in the Philippines.
Under his leadership, SM Prime continues to expand its footprint, now encompassing:
✔ 87 malls in the Philippines and 8 in China, providing a platform for over 22,000 local businesses
✔ 184,000+ SMDC residential units across 67 developments
✔ 9 LEED-certified office buildings catering to global companies
✔ 10 hotels, 6 convention centres, and 2 trade halls
Driving Record-Breaking Growth
Through strategic leadership, Lim has propelled SM Prime to new heights. In the first half of 2024, the company achieved its highest-ever earnings for a single semester, reaching PHP 22.1 billion (USD 376.5 million). Consolidated revenues surged to PHP 64.7 billion (USD 1.1 billion), reflecting the strength of SM Prime’s diversified portfolio.
Pioneering Sustainability and Innovation
Beyond financial success, Lim champions sustainability as a key priority. Under his guidance, SM Prime is committed to achieving net-zero greenhouse gas emissions by 2040, aligning with global sustainability goals and WWF-Philippines.
Key initiatives include:
✔ Expanding the use of renewable energy and enhancing energy efficiency
✔ Recycling over 4.4 million cubic metres of water in 2023
✔ Implementing a comprehensive waste management programme, with 13% of waste recycled and 5% composted
✔ Integrating sustainable construction practices to reduce environmental impact
A recent partnership with Japan-based GUUN Co. Ltd. further strengthens SM Prime’s commitment to waste management and circular economy initiatives.
A Vision for the Future
As the first non-family member to lead SM Prime, Lim believes that great leadership is about empowering people, fostering innovation, and ensuring that business success benefits communities. His dedication to teamwork, adaptability, and sustainable growth continues to shape SM Prime’s future, making a lasting impact on the real estate industry.
“The best is yet to come.” – Jeffrey C. Lim
