Philippines' DoubleDragon plans $1.3b multi-year REIT offering

Philippines' DoubleDragon plans $1.3b multi-year REIT offering

Photo by rawpixel on Unsplash

The Philippines’ DoubleDragon Properties Corp plans a sale of shares worth up to 66 billion pesos ($1.3 billion) in a real estate investment trust (REIT), starting this year, to generate funds for expansion, its chairman said on Wednesday.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter