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SM Prime hands over 40,000-sqm Pasig hub for SPX Express

Sea Limited logoSea Limited
Sig2.60Sen+2.40Env0.00Soc+0.80Gov0.00
SM Prime Holdings logoSM Prime Holdings
Sig2.72Sen+2.30Env0.00Soc+1.40Gov0.00

SM Warehouses, a unit of SM Prime, turned over a new 40,000-square-meter facility in Pasig City for SPX Express and Scommerce Philippines. The move expands the partners’ combined logistics space to more than 126,000 sqm and sets up an urban distribution hub to bring inventory closer to Metro Manila customers. It builds on SPX’s multiyear lease for about 86,000 sqm in Laguna and is aimed at faster processing and shorter delivery times.

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