Philippine property developer DoubleDragon plans $305m REIT listing

Philippine property developer DoubleDragon plans $305m REIT listing

The Philippines. Photo by REY MELVIN CARAAN on Unsplash

Philippine developer DoubleDragon Properties Corp said on Monday it is planning a 14.7 billion pesos ($305 mln) real estate investment trust (REIT) listing, the second offering of the asset class in the country.