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DoubleDragon files REIT application with SEC

DDMP REIT, Inc. has submitted an application to the Securities and Exchange Commission (SEC) for a real estate investment trust (REIT) offer.

DoubleDragon to seek approval for P14.7-B REIT offer

DOUBLEDRAGON Properties Corp. hopes to file its application for a P14.7-billion real estate investment trust (REIT) offering within the week in order to raise funds to expand its portfolio of leasable properties.

DoubleDragon eyes 150% equity growth by 2030

PROPERTY developer DoubleDragon Properties Corp. is targeting to expand its total equity by over 150% to P120 billion in the next decade through income growth and real estate investment trust (REIT) offerings.

DoubleDragon generates $75M from dollar bonds

DOUBLEDRAGON PROPERTIES CORP. has raised $75 million from its debut in the offshore bond market, which will support capital expenditures and refinance existing obligations.

DoubleDragon plans sale of $75-million bonds

DOUBLEDRAGON Properties Corp. is planning to offer $75-million fixed-rate senior notes, the proceeds of which will be partly used to finance its capital expenditure projects and maturing loans.

DoubleDragon taps banks for dollar bond offering

DOUBLEDRAGON PROPERTIES Corp. has ordered several banks to set up an issuance of dollar-denominated senior notes to generate funding for its capital expenditures and maturing loans.

DoubleDragon targets P17-B proceeds from planned REIT

DoubleDragon Properties Corp. is expecting to raise P16.97 billion from the first series of its real estate investment trust (REIT) offering, the application of...

DoubleDragon profit buoyed by rents

DOUBLEDRAGON Properties Corp. reported a 44% growth in earnings for 2019 due to its robust topline supported by its rental business segment.

DoubleDragon sets REIT offering in fourth quarter

DOUBLEDRAGON Properties Corp. (DoubleDragon) is targeting to pursue its P11-billion real estate investment trust (REIT) offering in the fourth quarter, unfazed by the ongoing coronavirus disease 2019 (COVID-19) pandemic.

Gov’t go give incentives for businesses to move to provinces

TRADE and Industry Secretary Ramon M. Lopez said Friday that the government would provide incentives for businesses that will open in the provinces to support the “Balik Probinsya” (return to the province) effort to ease congestion in Metro Manila.

US investment firm raises stake in DoubleDragon

UNITED STATES-based investment firm The Capital Group Companies, Inc. is increasing its stake in DoubleDragon Properties Corp. to 5%.

RLC, DoubleDragon team up for new project in Bridgetowne

ROBINSONS Land Corp. (RLC) and DoubleDragon Properties Corp. (DDPC) are partnering to develop a prime commercial lot adjacent to the former’s Bridgetowne township in Quezon City.

DoubleDragon seeks LEED Gold certification for Boracay hotel

DOUBLEDRAGON Properties Corp. is determined to secure a green certification for its hotel development in Boracay, as it tapped a sustainability consultant for its application for the Leadership in Energy and Environmental Design (LEED) Gold certification.

DoubleDragon unfazed by POGO crackdown

DoubleDragon Properties Corp. on Friday said its diversified portfolio will help shield the company from adverse effects of the crackdown on the offshore gaming industry.

CityMalls to host passport processing activities

CITYMALLS will soon host passport processing activities of the Department of Foreign Affairs (DFA), according to parent company DoubleDragon Properties Corp.

DoubleDragon income surges in April-June

DOUBLEDRAGON Properties Corp. reported a 240% increase in its attributable net income in the second quarter, driven by rising rental revenues from its office towers, warehouse hubs and community malls.

DoubleDragon fully leases out industrial hub in Roxas City

DOUBLEDRAGON Properties Corp. has fully leased out its industrial warehouse complex in Roxas City, Capiz — its fifth such project in the country.

DoubleDragon eyes to raise nearly P60B from REIT offering

DOUBLEDRAGON Properties Corp. expects to raise up to P59.4 billion when it places its entire leasable space portfolio under a real estate investment trust (REIT), the company told the stock exchange on Monday.

DoubleDragon Plaza secures LEED Gold certification

DOUBLEDRAGON Properties Corp. on Friday said it received the Leadership in Energy and Environment Design (LEED) Gold certification for its DoubleDragon Plaza project in Pasay City.

DoubleDragon to install more solar panels in its properties

DOUBLEDRAGON Properties Corp. will be installing solar panels that can generate up to 100 megawatts across its properties in the future as part of its sustainability efforts.

DoubleDragon-Alsons to invest P800M in Davao CentralHub project

DAVAO CITY — CentralHub Industry Centers, Inc. (CentralHub), a subsidiary of DoubleDragon Properties Corp., and homegrown Alsons Development and Investment Corp. (Alsons Dev) are investing P800 million for the planned industrial warehouse complex in the city.

DoubleDragon earnings hit P7.4 billion

DOUBLEDRAGON Properties Corp. reported its earnings soared 193.57% to P7.42 billion in 2018, backed by higher revenues from its hotels and malls.

DoubleDragon tops off new Jollibee Tower

DOUBLEDRAGON Properties Corp. has topped off its 41-storey Jollibee Tower on Monday, which is seen to start contributing P631.8 million in annual recurring income this year.

DoubleDragon eyes P2.3-B sales from Cebu hotel

DOUBLEDRAGON Properties Corp. expects to generate P2.33 billion in sales from its newest Hotel101 project in Cebu, which will be developed in partnership with Cebu-based property developer Federated Realty Corp.

DoubleDragon issued pre-selling license for Davao hotel

DOUBLEDRAGON Properties Corp. said on Friday that its hotel subsidiary has obtained a pre-selling license for a project in Ecoland, Matina, Davao City.

DoubleDragon to build warehouse complex in Davao

THE industrial leasing unit of DoubleDragon Properties Corp. is partnering with Davao City’s Alsons Group for its fourth warehouse complex in the country.

DoubleDragon bullish on prospects for 2019

DOUBLEDRAGON Properties Corp. is bullish on the company’s prospects this year, the property firm sees strong demand for its hotels and industrial warehouse facilities.

CityMalls partners with WWF-Philippines

CITYMALL Commercial Centers, Inc. (CityMall) teamed up with the World Wide Fund for Nature (WWF) Philippines to support the latter’s renewable energy efforts.

DoubleDragon partners with Cargill-Jollibee JV

DOUBLEDRAGON Properties Corp. has teamed up with the local unit of multinational firm Cargill for the development of industrial facilities in the country.

DoubleDragon creates units to woo international buyers

DoubleDragon Properties Corp. will incorporate international subsidiaries that will handle the pre-selling activities of P12.21 billion worth of hotel units in the country starting next year.

DoubleDragon partners with Equicom for clinics at CityMalls

DOUBLEDRAGON Properties Corp. said it has partnered with the operator of MyHealth Clinics to open medical clinics in its community malls.

DoubleDragon ‘unaffected’ by rising interest rates

DOUBLEDRAGON Properties Corp. on Wednesday said it is “generally unaffected” by rising interest rates and weakening peso, as the company’s borrowings are all peso-denominated and have fixed rates.

DoubleDragon profit surges in 2nd quarter

DOUBLEDRAGON Properties Corp. on Tuesday said its second quarter consolidated net income more than doubled to P513.5 million, boosted by rental revenues from its community malls and offices.

DoubleDragon starts building 2nd CentralHub

DOUBLEDRAGON Properties Corp. on Tuesday said it has started construction for its second industrial leasing hub in Iloilo City.

DoubleDragon breaks ground on second Iloilo industrial hub

DoubleDragon Properties Corp. on Tuesday said it has started construction for its second industrial leasing hub in Iloilo. The listed property developer’s unit, CentralHub Industrial...

DoubleDragon targets tourists with Pasay food village

DOUBLEDRAGON Properties Corp. is unveiling a food and heritage village targeting locals and tourists within its commercial project in Pasay City.

DoubleDragon gets PSE nod for follow-on offering schedule

DOUBLEDRAGON PROPERTIES Corp. announced on Friday that the stock exchange has approved the updated timetable for its follow-on offering, which could raise up to...

DoubleDragon secures PSE approval for P6-billion follow-on offering

DOUBLEDRAGON PROPERTIES Corp. has secured approval from the Philippine Stock Exchange (PSE) to proceed with its follow-on offering worth up to P6 billion.

DoubleDragon income soars in Q1

By Arra B. Francia, Reporter EARNINGS of DoubleDragon Properties Corp. soared 349.4% in the first quarter of 2018, riding on the back of higher recurring...

DoubleDragon net income soars in first-quarter

Earnings of DoubleDragon Properties Corp soared 350% in the first quarter of 2018, riding on the back of higher sources of recurring revenues under...

DoubleDragon opens flagship project in Pasay

By Arra B. Francia, Reporter DOUBLEDRAGON Properties Corp. officially opened on Monday its flagship office and retail project, which has been seeing strong demand from...

DoubleDragon unveils first phase of DD Meridian Park

DoubleDragon Properties Corp. unveiled on Monday, May 7, its flagship office and retail project in Metro Manila with majority of its tenants coming from...

DoubleDragon share issue approved by SEC; to raise up to P7.5-B

DOUBLEDRAGON Properties Corp. has received approval from the Securities and Exchange Commission (SEC) for its primary offer of up to 135 million common shares...

SEC approves DoubleDragon’s P7.5-billion share offer

DoubleDragon Properties Corp. has received approval from the Securities and Exchange Commission (SEC) for its primary offer of up to 135 million common shares...

DoubleDragon community mall unit signs up supermarket anchor tenants for 22...

CityMall Commercial Centers Inc. has signed 10-year lease contracts amounting to P4.97 billion for an additional 22 SM Savemore Supremarkets for sites all over...