Sunday, May 17, 2026
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SM Prime fully leases warehouse complex

SM Prime Holdings Inc. said it has fully leased its Silangan Warehouse complex in Laguna as demand for logistics space continues to grow from e-commerce and manufacturing.

The Silangan site consists of two warehouses with a combined gross leasable area of more than 130,000 square meters. About 86,000 square meters of space were recently taken up under a multi-year lease, completing the full occupancy of the facility.

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The company attributed the surge in demand to increased e-commerce activity, manufacturing growth and recent changes to government land-lease policies. In 2025, the government signed a landmark law that allows foreign investors to lease land for up to 99 years.

“The size and location of our warehouse facilities make them well-suited to logistics operators that require scale, accessibility and operational efficiency,” SM Offices vice president and head Alexis Ortiga said in a statement Wednesday.

Located near the Silangan exit of the South Luzon Expressway, the complex is less than 1 hour from Makati. The facility features wide internal circulation space for heavy vehicles and a cross-docking system designed for high-volume logistics operations and faster cargo turnaround.

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