SM Investments Corporation

Conglomerate

SM Investments operates Philippines' largest conglomerate spanning retail (SM malls, supermarkets), banking (BDO), and property development. Founder Henry Sy built empire from single shoe store (1958) to 80+ malls dominating Philippine retail landscape. SM's integrated model - owning malls, anchor tenants, and bank financing - creates ecosystem that compounds advantages. The group's property holdings appreciate as commercial development increases land values.

Key Leaders at SM Investments Corporation