DoubleDragon seeks more properties, diversified tenant mix in next 3 years

DDMP REIT Inc. (DDMPR), the real estate investment trust of DoubleDragon Corp., targets to expand its portfolio over the next three years through investments in new real estate properties and diversification of its tenant mixes.

- By RICHMOND MERCURIO

Under DDMPR's three-year investment strategy, the company said that it continues to look for properties to acquire in high-growth areas, whether from the DoubleDragon Group or third parties.

DDMPR said that a potential new property should be high quality, Grade A commercial assets in prime locations in either Metro Manila or key provinces in the country.

"Properties that are strategically located in prime location and positioned as a mini central business district, with convenient access to public transportation," the company said.

"Grade A buildings are often in high-demand due to their location, facilities, layout and finishing among other actors," it said.