DDMP REIT, INC. (formerly DD-Meridian Park Development Corp.) is a real estate company established in the Philippines (“DDMP REIT” or the “Company”) and incorporated on October 27, 2014. Upon compliance with the requirements of the REIT Law, the Company shall operate as a REIT.

The Company’s property portfolio consists of the following six office towers with retail components in DD Meridian Park that meet the Company’s investment criteria. DD Meridian Park is the Company’s flagship project in Metro Manila, and is located along the corners of the main roads of Macapagal Avenue, EDSA Extension and Roxas Boulevard in the Bay Area of Metro Manila. DD Meridian Park is being developed as an office-led mixed-use development. The land on which these respective buildings are built form part of the Company’s asset portfolio and is owned by the Company.

Pasay Central Business District
  • DoubleDragon Plaza, consisting of four 11-storey towers with a retail area on the ground floor, parking on the 2nd to 3rd levels, and BPO offices from the 5th to the 11th levels. DoubleDragon Plaza has approximately 139,240 sq.m. of Gross Leasable Area. The ground floor retail area has 11,377 sq.m. of Gross Leasable Area dedicated to established food concepts, basic services, a supermarket and a themed food hall. In addition, DoubleDragon Plaza has 1,946 parking spaces (including lifts). DoubleDragon Plaza commenced operations in 2017;
  • DoubleDragon Center East is a commercial property in DD Meridian Park consisting of an 11-storey tower with a retail area on the ground floor, parking on the basement and 2nd levels, and offices from the 3rd to the 11th levels. DoubleDragon Center East has approximately 16,197 sq.m. of Gross Leasable Area. The ground floor retail area has 1,073 sq.m. of Gross Leasable Area dedicated to established food concepts and banks. In addition, DoubleDragon Center East has 62 parking spaces (including lifts). DoubleDragon Center East commenced full operations in 2019; and
  • DoubleDragon Center West is a commercial property in DD Meridian Park consisting of an 11-storey tower with a retail area on the ground floor, parking on the basement and 2nd levels, and offices from the 3rd to the 11th levels. DoubleDragon Center West has approximately 16,815 sq.m. of Gross Leasable Area. The ground floor retail area has 1,126 sq.m. of Gross Leasable Area dedicated to established food concepts, banks and a financial service company. In addition, DoubleDragon Center West has 74 parking spaces (including lifts). DoubleDragon Center West commenced full operations in 2019.

In addition to the above commercial properties, the Company owns the underlying land of DD Meridian Park on a free-hold basis. DD Meridian Park is located on 47,474 sq.m. of prime commercial property and includes DoubleDragon Tower and Ascott-DD Meridian Park.

  • DoubleDragon Tower - An 11-storey building (including a basement) in DD Meridian Park with views of the Bay Area and Pasay City to be developed on a lot area of 7,774 sq.m. in DD Meridian Park. The building’s eight office floors are expected to have a Gross Leasable Area of 37,958 sq.m. and will be ideal for both startups and established companies. Two floors will be dedicated to commercial establishments suitable for retails shops, restaurants and other entertainment options which are expected to add another 2,786 sq.m. of Gross Leasable Area. DoubleDragon Tower is currently under construction and is expected to be completed by the second quarter of 2021. DoubleDragon Tower and the land where it is situated has been leased by DD TOWER, INC. from the Company pursuant to a contract of lease dated November 19, 2020. As of the date of this Reit Plan, DoubleDragon Tower is classified as an income generating real property.
  • Ascott-DD Meridian Park - The fourth phase of DD Meridian Park, comprising luxury serviced residences. Ascott-DD Meridian Park is currently under construction and is expected to be completed by 2022. Ascott-DD Meridian Park and the land where it is situated has been leased by DDMP SERVICED RESIDENCES, INC. from the Company pursuant to a contract of lease dated November 19, 2020. As of the date of this Reit Plan, Ascott-DD Meridian Park is classified as property under development.