MANILA, Philippines — DoubleDragon Properties Corp. is strengthening its international business. In a disclosure to the Philippine Stock Exchange, DoubleDragon said its board approved the creation of international wholly-owned selling arm subsidiaries in Singapore, Hong Kong, Japan, London, Italy and the US. The new subsidiaries will focus on the international pre-selling of Hotel 101 projects in the Philippines. Bulk of sales came from Hotel 101 Fort which hit a record P1.65 billion in sales since its launch in March 2018. It aims to complete a leasable portfolio of 1.2 million square meters by 2020.

Source: Philippine Star December 15, 2018 16:01 UTC