DDMP REIT Inc. on Thursday, Aug. 17, 2023, said it received payment of P55.26 million as rental deposits for 15,100 square meters or 1.51 hectares of new office space lease with a total lease value of P798.81 million.
The new office space lease take-up is expected to form part of the goal of DDMP REIT Inc. to achieve 95 percent occupancy by the end of 2023.
DoubleDragon Plaza at DD Meridian Park is positioned as a mini central business district in the Bay area given its prime landmark double corner location of Edsa, Roxas Blvd. and Macapagal Ave. in the Bay Area, Pasay City, Metro Manila.
DoubleDragon Plaza is LEED Gold certified and currently houses two government agency headquarters namely, Philippine Economic Zone Authority and Tourism Infrastructure Economic Zone Authority, and expects to soon welcome an additional third government agency to relocate its headquarters in the complex, in addition to many private corporate head offices in the complex. (PR)