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SM Prime to open 3rd mall in Caloocan

SM Prime Holdings Inc. is ramping up its expansion with the opening of a third shopping center in Caloocan City on Friday and three more in Cebu province and the Ilocos Region within the year.

SM City Caloocan, the firm's 86th mall in its domestic portfolio, followed the launch of SM City Sangandaan and SM City Grand Central, which are both located in the city's south cluster.