HENRY Sy-led SM Prime Holdings is targeting to finish the construction of 12 dormitories under a newly-acquired firm holding the MyTown brand in the next 12 months to cater mainly to business process outsourcing (BPO) workers.

“They currently have a total of 12 properties [in Bonifacio Global City]—five of them have been developed. So the [others], they’re hoping to open within the next 12 months,” said Cora Guidote, SM Investments Corp. senior vice president for Investor Relations and Corporate Communications.

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