DoubleDragon - updates

Rappler's latest stories on DoubleDragon

ARTICLE FINDER

DoubleDragon net income rises to P7.42 billion in 2018

Apr 15, 2019 - 6:35 PM

DoubleDragon's net income and revenues are boosted due to the growing land values of its acquired properties

A NEW VENTURE. The acquisition will enable DoubleDragon to extend its business in the hotel sector and support its thrust on focusing on recurring income businesses

DoubleDragon to breach 5,000-room target with Cebu airport hotel

Mar 25, 2019 - 8:30 PM

The planned Hotel101-Cebu is eyed to be the biggest airport hotel in the Visayas

TARGET ACHIEVED. DoubeDragon has reached its 5,000-room target by sealing the deal with U-Bix Group's Federated Realty Corp through its subsidiary Hotel of Asia Inc to develop Hotel101-Cebu. Image from DoubleDragon.

DoubleDragon opens 2018 with 349% jump in net income

May 15, 2018 - 5:40 PM

The surge is mainly due to higher rental income for the listed property developer in the 1st quarter of the year

LIST: Planned developments in Boracay

Apr 10, 2018 - 10:39 AM

The 6-month Boracay closure will not impede the planned mega projects of property developers in the island

BORACAY NEWCOAST. Boracay Newcoast is a 150-hectare tourism estate in Boracay, being developed by Global-Estate Resorts Incorporated (GERI), a Megaworld Corporation subsidiary. Concept photo from Boracay Newcoast website

DoubleDragon inks P4.97 B in deals for more SM Savemore supermarkets

Apr 08, 2018 - 9:53 PM

The simultaneously signed contracts involve the supermarket lease for 22 new CityMall sites expected to rise around the Philippines within the year

Hotel 101 pushing through despite planned Boracay 'shutdown'

Mar 15, 2018 - 7:15 PM

The Philippine government's plan to 'close' Boracay amid environmental concerns will not stop the construction of the biggest hotel on the island

COASTAL DEVELOPMENT. An aerial perspective of the planned Hotel101 Resort-Boracay in Boracay Island. Image from DoubleDragon

DoubleDragon plans 3.9-hectare industrial hub in booming Iloilo

Feb 14, 2018 - 4:00 PM

With the rising cost of traffic and congestion in Metro Manila, property developers like DoubleDragon are looking at alternative cities to expand their landbank

INDUSTRIAL HUB. DoubleDragon's planned industrial hub in Iloilo will have a capacity of 22,000 square meters of leasable space once fully developed. Image from DoubleDragon

DoubleDragon, partners to build PH's 'biggest' hotel in Boracay

Feb 01, 2018 - 1:55 PM

Hotel101 Resort-Boracay will have 1,001 rooms and will be located in Megaworld's 150-hectare Boracay Newcoast estate

image from DoubeDragon

ABS-CBN begins cinema management as part of DoubleDragon partnership

Sep 12, 2017 - 10:40 PM

The media giant opens two of the 10 planned cinemas it will operate in DoubleDragon Properties CityMalls

Photo courtesy of ABS-CBN

DoubleDragon to spend over P4 billion for industrial hubs, hotels

Aug 30, 2017 - 6:40 PM

The real estate firm is slated to open its 1st industrial leasing hub before the end of the year

BIGGEST. Hotel 101-Davao will be the largest hotel in Mindanao with 519 hotel rooms, a commercial and retail strip, and facilities to for conventions. Photos courtesy of DoubleDragon

Injap Sia out of Forbes list of Filipino dollar billionaires

Aug 25, 2017 - 10:00 AM

A slump in DoubleDragon s stock price sees Sia s estimated net worth fall to 820 million this year from 1 2 billion last year but the firm has big plans ahead

DoubleDragon to build 'biggest' hotel in Mindanao

Aug 22, 2017 - 3:58 PM

Under the Hotel 101 brand the 519 room hotel will sit on a 5 300 square meter prime commercial lot at Eco West Drive at the side of SM City Davao

BIGGEST. Hotel 101-Davao will be the largest hotel in Mindanao with 519 hotel rooms, a commercial and retail strip, and facilities to cater convention. Photos courtesy of DoubleDragon

DoubleDragon plans to sell over P7 billion worth of shares

Aug 07, 2017 - 8:40 PM

In a bid to become a blue chip stock in the near term DoubleDragon revises its 2020 net income target to P5 5 billion from the initial projection of P4 8 billion

MORE OPTIMISTIC. DoubleDragon revises upwards its 2020 targets. Instead of 1 million square meters of leasable space, Double Dragon now expects to hit 1.2 million sqm of leasable space by 2020. Data from DoubleDragon's PSE disclosure

Big business winners, losers in Duterte's 1st year

Jul 24, 2017 - 5:03 PM

The stock price of Dennis Uy s Phoenix Petroleum increased about 92 from July last year while Ongpin associated Philweb s stock price fell 46 3

FIREBRAND. Though President Rodrigo Duterte has for the most part left businessmen on their own, his tirades against select businessmen have brought about  tremors at the Philippine Stock Exchange.

DoubleDragon, Ascott to build 5-star luxury serviced apartment in Pasay

Jun 19, 2017 - 2:22 PM

Ascott DD Meridian Park Manila will sit on a 5 567 square meter lot within the 4 8 hectare complex of DoubleDragon and is set to have over 300 units

FIVE-STAR. DoubleDragon says the construction of Ascott-DD Meridian Park Manila is set to break ground by end-2017. Logo from DoubleDragon

DoubleDragon more than doubles income in 2016

Apr 10, 2017 - 8:20 PM

The property firm will raise P9 7 billion this year through retail bond issue – the last fund raising needed to complete its one million square meters of leasable space by 2020

MOVING UP. Chairman of DoubleDragon Properties Injap Sia (center) says his property firm will be 'even stronger' in years ahead. Photo by Sandro Paredes/PLDT SME Nation

DoubleDragon completes acquisition deal with Hotel of Asia

Oct 13, 2016 - 8:30 PM

Hotel of Asia owns Hotel 101 and the master franchise for the Philippines of JinJiang Inn which is one of the largest hotel brands in Asia

A NEW VENTURE. The acquisition will enable DoubleDragon to extend its business in the hotel sector and support its thrust on focusing on recurring income businesses

Henry Sy still PH's richest man for 9th straight year – Forbes

Aug 25, 2016 - 1:35 PM

The biggest gainer on the list of richest Filipinos percentage wise is Edgar Sia II

Waltermart backs out from mall partnership with 8990 Holdings

Feb 03, 2016 - 2:25 PM

Waltermart and 8990 Holdings were supposed to operate malls in Ortigas Avenue Extension and Vitas Tondo

RESCINDED. It was in April 2015 when 8990 Holdings selected Waltermart Group of Companies to be the mall operator of its two mixed-use developments in Metro Manila

DoubleDragon to raise P5B through corporate notes issuance

Apr 27, 2015 - 9:28 AM

The offering is intended within the first half of this year and is to be used to fund expansion of community malls

DoubleDragon acquires foreclosed Globe Asiatique project

Sep 01, 2014 - 5:11 PM

The property firm partly owned by Jollibee s founder signs a deal with RCBC for The Skysuites Tower previously owned by Globe Asiatique

Jollibee owner’s property firm to build second mall in Cebu

Jun 09, 2014 - 12:32 PM

The mall is part of the 100 malls planned between now and 2020

TO RISE. The second CityMall will be located in Colon, downtown Cebu area. Photo from DoubleDragon's Facebook page.

Jollibee owner’s property firm to develop mixed-use project in Pasay

Jun 02, 2014 - 4:58 PM

The first phase of the development is set to kick off this year and expected to generate 12 000 jobs

SEC approves IPO of Tan Caktiong-led property firm

Mar 13, 2014 - 8:30 PM

DoubleDragon Properties aims to raise P1 16B from an initial public offering of shares to the public

JOINT VENTURE. SM Investments Corp acquired a 24% interest in CityMall, an arm of Jollibee and Injap Investments' DoubleDragon properties

SM, Jollibee enter joint venture for 'community' malls

Feb 17, 2014 - 6:18 PM

SM signs an investment agreement to acquire 34 of CityMall Commercial Center Inc partly owned by Jollibee Foods Corporation

JOINT VENTURE. SM Investments Corp acquired a 24% interest in CityMall, an arm of Jollibee and Injap Investments' DoubleDragon properties

Jollibee owner’s property firm aims to raise P1.16B in IPO

Jan 31, 2014 - 4:31 PM

Proceeds from the IPO will partially fund the rollout of CityMall a chain of community malls in the Visayas and Mindanao

TO BUILD CITYMALL. The firm is aiming to raise P1.16 billion to help fund the creation of CityMall community malls in Visayas and Mindanao