...De La Salle University - Manila College of Business A Strategic Management Paper on SM Development Corporation Submitted by: Encarnacion. Lipana. Raymundo. Rey. Soriano. EXECUTIVE SUMMARY SM Development Corporation (SMDC) was originally incorporated on July 12, 1974 as Ayala Fund, Inc., a closed-end investment company. In March 1986, it was renamed SM Fund, Inc. after the SM Group of Companies took ownership of the company. After which, it stayed as an investment company that managed its investment thru diverse businesses in the country. In May 1996, SM Fund, Inc. was again renamed to SM Development Corporation to better state its new business of property development, whose focus is primarily to enter into the opportunities of the real estate industry. The paper aims to provide a comprehensive analysis on SM Development Corporation’s industry as one of the leading property development companies in the Philippines. Currently, the company is at full-swing with their openings of new condominiums for students, vacationers and business people depending on its location. SMDC has proven to be able to respond to buyers their locations are friendly to their target market and their price range is more affordable while amenities are not constrained. In order for the company to keep its head above their competitors, strategic management should be done. In line with this, the paper will be focusing on details such as the SWOT analysis, financial analysis and the different matrices...
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...SM Development Corporation Vision We envision SM Development Corporation to be a leading developer of world-class residences in the Philippines, uplifting Filipino lifestyles into one that is convenient, upscale yet affordable, and environment friendly. SMDC Mission Statement SM Development Corporation will realize its vision by: Ensuring that its homebuyers enjoy the best value for their investment with an upscale lifestyle, generous amenities, and a safe, secure, and friendly neighborhood; Providing an excellent after-sales and maintenance service that will preserve and enhance the long-term value of its residences; Delivering sustainable long-term growth and increasing shareholder value by exercising prudence in resource management based on the principles of good corporate governance; Becoming an employer of choice, offering comprehensive opportunities for career growth and enhancement; and, Assisting and nurturing the communities in which it operates by progressively building on its role as a responsible corporate citizen; SMDC Core Values Vision. Leadership. Focus. Hard Work. Integrity. Innovation. Prudence. Nurturing. Aggressive. Financially Conservative. SM Development Corporation is the real estate arm of the SM Group of Companies. As of December 6, 2010, its total market capitalization is P63.4 billion and its share price is P8.66. Business development SM Development Corporation was incorporated in 1974 as Ayala Fund, Incorporated, a closed-end...
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...I. Introduction A. Real Estate Industry (World & Philippine) Real estate refers to land, as well as any physical property or improvements affixed to the land, including houses, buildings, landscaping, fencing, wells, etc. Vacant land and residential lots, plus the houses, outbuildings, decks, trees sewers and fixtures within the boundaries of the property are examples of real estate. There are a variety of ways to invest in real estate, ranging from real estate investment trusts (REITs) to buying rental property or multi-family housing. For investors turned off by the idea of fixing plumbing and dealing with tenants, REITs offer the opportunity to participate directly in the ownership or financing of real estate projects. REITs are tradable interest (much like a share of stock) in a pool of real estate-related assets. REITs own, and often operate, income-producing real estate such as office buildings, apartments, shopping centers, warehouses and hotels. Many REITs specialize in one property type, such as offices, apartments or regional shopping malls. Most investors buy REITs for their rich dividends, although those dividends are usually fully taxable. Keep in mind, though, that each real estate sector is affected by different economic cycles. Larger, diversified, or geographically dispersed REITs are less exposed to regional weakness and major economic cycles. On the other hand, smaller, more specialized REITs often provide the greatest growth potential. In addition...
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...Subject: Comparative Financial Statement Analysis of DMCI Holdings Inc. and SM Development Corporation 1. This refers to your instruction to submit a study on what would be a better investment between DMCI Holdings, Inc. and SM Development Corporation. To comply with it, I made a comparative analysis on both companies’ financial statements. 2. I made use of their profitability, revenue-generation, returns on asset and equity based on their audited financial statements (attached) for the years 2006, 2007, 2008 and 2009 retrieved from BusinessWeek – comparing the year-to-year fluctuations within the firms, and comparing the ratios between the companies. 3. Year over year, DMCI Holdings, Inc. has been able to grow revenues from Php 21.2 B to Php 29.7 B and had a revenue growth as high as 98.64%. On the other hand, SM Development Corporation has been able to grow revenues from Php 3.4 B to Php 5.6 B, year over year, and had a revenue growth high of 64.05%. 4. Based on the Return on Assets ratios, DMCI Holdings, Inc. had as much as 8.12% (2009) ROA, while SM Development Corporation made as much as 11.25% (2006) ROA. 5. Based on the Return on Equity ratios, DMCI Holdings, Inc. made as high as 22.88% (2009) ROE, while SM Development Corporation had an ROE as high as 17.01%. 6. The mean ROAs of DMCI Holdings, Inc. and SM Development Corporation are almost similar (6.6% and 7.6%, respectively) and show little significance in terms of their difference. On the other hand, the mean...
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...Methods of Research Submitted to the Graduate School Adamson University In Partial Fulfillment of the Requirements For Methods of Research Tong Chao February 28, 2015 Research background Sea Residence is one of SMDC properties, which is the a real estate developer of the branch of SM company in the philippines. The location is in MOA complex, Pasay city. The properties are strategically situated in key areas across Metro Manila specifically the cities of Makati, Mandaluyong, Manila, Paranaque, Pasay, Pasig, Quezon City, and Taguig, as well as Tagaytay City. Those are mainly built up around SM Shopping Mall for users can live in style, comfort and convenience at SMDC. Recently, an ever increasing number of foreign students are living here. According to data survey, here is 262 foreign students live in now. Mostly, they are graduate students. But for these students who are studying alone in the Philippines and far away from their home. We noticed that here is an issue about study habits of forerign students, and how already interfered with their daily life. Rationale/ Significance Study habits are the most important part of students. Students do not only depend on their IQ, but also depend on their study habits. Those foreign students are living in condominium alone which are near shopping mall. Four of swim pools are in the yard. Big shopping mall include clothes, foods, cinema, ktv, restaurants, entertainments. Students are living by themselves...
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...* Sulit.com.ph * SulitCars * Sulit Real Estate * 02 Ad History ▼ * (0) Saved Ads * (2) Recently Viewed Ads * Access more features with a Sulit Account! It's FREE to sign up! * Free Sign UpSign In Lot For Sale In San Pablo Laguna - 230 Sq.m (corner) At P966k San Pablo City Real Estate Philippines Online Users: 27456 ------------------------------------------------- Top of Form Bottom of Form Search options Popular Searches: makati, fully furnished condo for rent in quezon city, rent,apartment for rent quezon city, apartment for rent las pinas * Categories ▼ * Apartment and Condominium * Beach and Resort * Commercial and Industrial Properties * House and Lot, Townhouses and Subdivisions * Land and Farm * Memorial Lot * Rooms and Bed * Real Estate Services * Forum * Help * Post A Free Ad Sulit Real Estate: * Sulit Real Estate * Real Estate * Land and Farm Lot For Sale In San Pablo Laguna - 230 Sq.m (corner) At P966k 3460 views | 0 comment Lot Area | 230 m2 | * Now OnlyP 966,000.00 * Regular PriceP 1,081,000.00 * SaveP 115,000.00 * Ad ID3473687 * AddressRiverina Subd., Phase 2, San Pablo, Laguna * ConditionNew * Date UpdatedJuly 18, 2012 * Date PostedApril 17, 2011 * CategoryLand and Farm * ClassificationFor Sale * LocationSan Pablo City, Laguna * Short URL * Contact SellerSend Private Message ...
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...OFFICE SYMBOL SMDC-IS-CC 17 Oct 09 MEMORANDUM FOR President, Warrant Officer Accession Board SUBJECT: Letter of Recommendation for Selection as a Warrant Officer SMITH, ROBERT A. (123-45-6789) Regional SATCOM Support Center (RSSC) - EUR 1. I strongly recommend SFC Smith to be selected as a Warrant Officer in either MOS 250N, Network Management Technician or 254A, Signal Systems Support Technician. I have observed SFC Smith over the past several months and during that time he has consistently impressed me with both his technical and leadership skills. 2. SFC Smith is currently working as the Ground Mobile Forces (GMF) Control Supervisor in the Regional SATCOM Support Center (RSSC) - EUR, where he plans, engineers, and coordinates satellite communications network accesses for four unified combatant commanders. In this function he interacts great with people from all services, government civilians, and even other country representatives. He has represented the Space and Missile Defense Command and the Army well in many missions and consistently displayed competence and abilities expected of a Warrant Officer. 3. SFC Smith will surely benefit the Army by serving as a Network Management Technician for many reasons. He has all the correct skills and proven experience in tough, high tempo organizations. What really makes him the correct choice to be a 250N is his determination to succeed. During Operation ENDURING FREEDOM, SFC Smith led his eight-man team into a hostile...
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...IS : 28 - 1985 ( Reaffirmed 2001 ) Indian Standard SPECIFICATION FOR PHOSPHOR BRONZE INGOTS AND CASTINGS ( Fourth Rer+siorz ) Second Reprint May 1997 IJDC 669.35’779-412 0 Copy-iglrt 1986 BUREAZJ OF INDIAN STANDARDS MANAK BIIAVAN, 9 BAHADUR SHAH ZAFAR MARG NEW DELHI 110002 Gr 3 August 1986 IS:28 -1985 Indian Standard SPECIFICATION FOR PHOSPHOR BRONZE INGOTS AND CASTINGS ( Fourth Revision ) Copper and Copper Alloys Sectional Committee, Cha:rman DR L. R. VAIDYANATE Indian Copper Representing Development SMDC 11 Centre, Calcutta h4tmbrrJ SHSI D. DE SA~KAR ( Altrrnatc to Dr L. R. Vaidyanath ) Bralco Metal Industries Pvt Ltd. Bombay SHRI DEV KUYAR AWAKWAL SHHI RAJ KU~AR AWARWAL ( Altnnute ) Ministry of Defence ( DC1 )/DPI (N) SARI BACEITAR SIKWH SERI M. R. ACHARYA (Alternate) National Test House, Calcutta SH~I K. L. BARUI SHRI H. P. DUBEY ( Altnnatr ) Indian Telephone Industries Ltd. Bangalore SHRI J. NAOESH BRATT SEW A. R. SUKUIUARAN ( Akmatr ) Hindustan Cables Ltd, Burdwan SERIC.D. BHATTAOHAR~YA SHRX M. JHA ( Altcmat~ ) Raahtriya Metal Industries Ltd, Bombay SERI BALK~~HNA BINANI DB V. S. PATKAR ( Aftematr ) Hindustan Copper Ltd, Calcutta DR S. K. BISWAS Alcobex Metalr (P) Ltd, Jodhpur PROP A. D. BOHR A SHRI S.D.NARKEADE (Afternutr) NE0 Pipes & Tube Co Ltd, Calcutta SERI P. R. DHAR SHRl A. K. MITRA ( Alt#~t# ) Ministry of Finance ( India Government Mint ), Sn~r H. N. GUPTA Calcutta Bharat Heavy Electricals Ltd SHRI...
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...ENGR101 Term Paper “Good Year for Blimps” Group #9 Dorian Puentes 009193325 Rogelio Ruiz 008672298 Alex Quijije 008846316 Kyle Rahill 008743161 Jose Rivera 008864594 Contribution Made by Each Member: “Moral Aspect’s”: Dorian Puentes “Social Aspect’s”: Rogelio Ruiz “Legal Aspect’s”: Alex Quijije “Pioneer Aspect’s”: Kyle Rahill “Environmental Aspect’s”: Jose Rivera California State University, Long Beach College of Engineering ENGR101 SEC09, Fall 2010 November 5, 2010 Blimps are now going to have a great impact on today’s society. Lockheed Martin is developing a HAA (High-Altitude Airship) funded by the Missile Defense Agency. The Pentagon plans to spend $400 million on a very high efficient airship. Lockheed Martin’s HAA is solar powered, helium-filled airship that will fly above the jet stream. HAA will be very beneficial because it will be used for surveillance purposes, weather observation and mobile telecommunications platforms. The HAA sounds like a very efficient airship, but is it efficient when it comes to the environment or society? Is the airship going to have a positive or negative impact? Is Lockheed Martin making everything legal? Lockheed Martin is a global security and information technology company with 136,000 employees worldwide. Their primary customers are the U.S. Department of Defense and U.S. federal government agencies. They design, produce, and maintain advanced technology systems, products, and services...
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...1|Page University of Santo Tomas College of Commerce and Business Administration Espana, Manila A Strategic Management Paper Presented to: Mr. Real C. So In Partial Fulfillment of the Requirements for the Course Strategic Management (Entre 7) Presented by: Miguel O. Rodil 4M7 February 2012 2|Page I. EXECUTIVE SUMMARY 3|Page II. TABLE OF CONTENTS 4|Page III. ACKNOWLEDGEMENT 5|Page IV. INTRODUCTION 6|Page V. EXTERNAL ENVIRONMENT ANALYSIS 1. Definition of Industry Table 5.1 Real Estate Industry Classification Industry Supersector Sector Subsector 8000 Financials 8600 Real Estate 8630 Real Estate Investment and Services 8633 Real Estate Holding and Development Industries are the circles in the supply chain diagram. Each industry is a set of firms that operate in the same space in a supply chain, competing to control some of the space and so capture value. Industries have structure, history/trajectories and competitive dynamics that set the context for new entrants. In the Real-Estate Industry organizations primarily engaged in renting or leasing real estate to others; managing real estate for others; selling, buying, or renting real estate for others; and providing other real estate related services, such as appraisal services. Companies that invest directly or indirectly in real estate through development, investment or ownership. Excludes real estate investment trusts and similar entities, which...
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...PHILIPPINE REAL ESTATE BUBBLE A Demand and Supply Analysis _______________________________ By ANTONETTE ANGELINE ALBAN WILFRED JEROME LEJANO KENNETH RAY QUINTANA ARA LAIZA ROLDAN In partial fulfilment of the requirements for BA201 ECONOMIC ANALYSIS First Trimester 2015 - 2016 Submitted to JOEL C. YU, Ph.D. University of the Philippines Cesar E.A. Virata School of Management OUTLINE I. Introduction a. Statement of the Problem ............................................................. b. Background of the Study and Market Trends ................................ 1. 1997 Asian Financial Crisis 2. The Late 2000 US Property Bubble 3. Real Estate Market Trends II. Analysis of the Philippine Real Estate Industry………………………………….. III. Conclusion ............................................................................................ IV. References………………………………………………………………………………………… Annex A. Major Industry Players Annex B. Further Developments by the Major Industry Players Annex C. Present Global Situation 2 I. INTRODUCTION A. Statement of the Problem The purpose of the study is to determine if there is an impending property bubble in the Philippines, citing current indications similar to the 1997 Asian Financial Crisis and the US Property Bubble in the late 2000, as well as comparisons with the general real estate market trend. B. Background of the Study and Market Trends 1. 1997 Asian Financial Crisis...
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...Final Project ETH/125 October 16, 2013 Final Project • What information about diversity in the United States has helped you better understand or relate to others in ways that you may not have in the past? During this class I found it interesting that I was noticing interracial couples more often. While I do not have a prejudice against this, this class opened my eyes to what is really out in the world. While I am very happy to see this I also know that as long as society chooses to label people and hold stereotypes as truths there will always be more to accomplish with regards to discrimination and prejudice. Learning about diversity also helped me to recognize discrimination and prejudice. It is our diversity that makes the United States such a great county. We need to protect this diversity and fight against discrimination and prejudice. I speak up now because of learning about how this country was founded on diversity. I wish to change the mentality of people as much as I can so they too can understand the diversity of the United States. • Have you learned something new about your own racial, ethnic, or cultural history? While I view myself as an American, I did learn about who I am. I was especially interested in my mother’s ancestry. I had a chance to talk to my mother about this. While much of my Great Grandfather’s history is lost we do know that he was married to a Alkonkin Indian Squaw. My mother an I have decided to do more research on her Grandfather...
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...------------------------------------------------- Corporate Profile In 2013, SM Group consolidated the real estate subsidiaries and real estate assets under one single listed entity, SM Prime Holdings, Inc. Today, SM Prime is one of the largest integrated property developers in Southeast Asia that offers innovative and sustainable lifestyle cities with the development of malls, residences, offices, hotels, and convention centers. It is the largest property developer in terms of asset and income base as of end 2013 in the Philippines. Being an integrated property developer, SM Prime goes beyond mall development and management. The residential business component comes from its subsidiary, SM Development Corporation (SMDC) that sells affordable condominium units. SM Prime’s commercial business unit, the Commercial Property Group (CPG) is engaged in the development and leasing of office buildings in Metro Manila, as well as the operations and management of buildings and other land holdings such as the Mall of Asia Arena (MOA Arena). Its hotels and convention centers business unit develops and manages various hotel and convention centers across the country. SM Prime Holdings, Inc. was incorporated in the Philippines in 1994. They started as a mall developer and operator and grew to be the biggest retail shopping center developer and operator in the Philippines with 49 malls in and outside Metro Manila and 5 shopping malls in China, totaling 7 million square meters of Gross Floor...
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...PART I COMPANY PROFILE Mission To be a boutique developer that creates properties that will provide special, holistic and elevated quality of living to our customers and overall communities that we develop consistent with the sustainability values that we stand for. Vision * To become a distinctive breed of developer whose aim is to sincerely care for and improve lives and conserve the environment in all phases thru responsive and responsible planning, development and property management. We know that our work impacts on the lives of our customers, the interest of investors and business partners, the well-being of communities that we build and the welfare of the environment. * To be the preferred choice by customers who want a better and healthier environment for families, working communities that will grow and thrive thru time. * To be the benchmark in the industry for novelty and freshness in project concepts, for well-thought of and perfectly executed projects, and for long-term after sales relationship. * To be a caring and motivating employer supporting employees’ knowledge advancement, growth, health and aspirations for a quality life making them responsible citizens in society. * To be a worthy investment to our shareholders, creating and unlocking values of properties we develop which translate into long-term returns for investors. Values We are responsive and responsible to our customers throughout our projects’ life cycles – from concept...
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...Food System Economic Context of Local Food Production How redevelopment of a local food system meets economic and green jobs goals. The Western Lake Superior Sanitary District reported in spring 2009 that farmers are a key to the local economy. The 2007 Census of Agriculture stated that in Carlton, St. Louis and Douglas counties farming is one of the largest family-owned, small business sectors of the local economy. Farmers in these three counties sold $27.7 million of livestock and crops in 2007. Cattle and dairies are the most important component in our region with $17.3 million of total sales. They reported a potential to increase productivity here. About one third of the farmland in this region was fertilized or had manure applied in 2007, and hay fields averaged about 1.5 tons per acre. Nationwide, more than two thirds of cropland was fertilized (although that includes row crops) and hay fields were about 2.5 tons per acre – even in other parts of Minnesota and Wisconsin, with a similar climate. Farming is one of the bigger sources of income for self-employed business owners in this region. In Carlton County, for example, farmers sold $8 million of produce in 2007. Only self-employed construction firms, with $14 million of sales, and real estate, with $8.2 million in sales, were larger. It’s likely that agriculture in regions like the Northland will be even more important in the future. The United States currently has an abundance of cropland – about 1.4 acres per person...
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