Shang Properties, Inc. (“SPI”) has been involved in property investment and development in the Philippines since 1987, and was listed on the Philippine Stock Exchange (PSE) in 1991. Guided by its vision to be the leading developer and manager of prime properties in the Philippines, Shang Properties’ core businesses are office and retail leasing and residential development.
SPI owns and operates the upscale Shangri-La Plaza mall, one of the country’s most established lifestyle destinations. It also holds a 70% share in KSA Realty Corporation, which in turn, owns The Enterprise Center, one of the most prestigious office buildings located in the country’s premier financial district.
SPI entered the residential condominium market in 2002 and has since expanded its residential portfolio with high rise condominium projects in prime locations with a combined total of almost 7,000 units. Completed projects include The Shang Grand Tower, The St. Francis Shangri-La Place, One Shangri-La Place, Shang Salcedo Place, and Horizon Homes. Construction is on-going for The Rise Makati.
SPI also currently holds a 60% stake in Shangri-La at the Fort, one of the newest 5-star international hotels to open in the Philippines.