The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.
DDMP REIT, Inc.DDMPR
PSE Disclosure Form REIT-2 - Reinvestment Plan Progress Report Reference: Section 6 of the Amended PSE Listing Rules for REITS
Annual Report
Quarterly Report
Subject of the Disclosure
Use of Proceeds generated from the Initial Public Offering (IPO) of DDMP REIT, Inc. ("DDMPR") pursuant to the Reinvestment Plan of DoubleDragon Corporation, as Sponsor of DDMP REIT, Inc.
Background/Description of the Disclosure
Annual Progress Report on the Application of Proceeds for the year 2021, duly certified by our external auditors, in compliance with the disclosure requirements of the Philippine Stock Exchange, in relation to the Reinvestment Plan submitted in connection with the IPO of DDMPR, pursuant to the Reinvestment Plan of DoubleDragon Corporation, as Sponsor of DDMP REIT, Inc.
Update or Status of the Reinvestment Plan
As of December 31, 2021, the remaining balance of proceeds from DDMPR IPO amounts to Six Billion Ninety-Six Million Ninety-Nine Thousand Six Hundred Sixty-Five pesos and Thirty-Five centavos (PHP 6,096,099,665.35).
Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period
Project Name: Jinjiang Inn - Boracay Newcoast
Disbursing Entity: Hotel of Asia, Inc.
Amount: PHP 40,000,000.00
Description of Real Estate Assets and/or Infrastructure Projects for the Period
Robinsons DoubleDragon Square is a joint venture office project with Robinsons Land Corp. located in Bridgetowne Libis Quezon City.
Jollibee Tower is a Grade A 41-storey commercial and office tower situated in the heart of the Ortigas central business district in Metro Manila.
CentralHub Industrial Centers, Inc. is the industrial leasing arm of DD providing modern logistics warehouses suited for commissaries, cold storage and logistics centers
Hotel of Asia, Inc. is the hotel arm of DD. The primary purpose is to engage in and carry on the business of operating hotels and resorts and to operate and maintain any and all related services and facilities.
Other Relevant Information
Amended the disclosure to indicate the project name under CentralHub Industrial Centers, Inc. in the Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period.
Filed on behalf by:
Name
Jose Roelph Desales
Designation
Department Head
Attachments
Original Link
Original Document
Permalink
Disclaimer
DDMP REIT Inc. published this content on 09 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 March 2022 02:00:09 UTC.
DDMP REIT, Inc. is a Philippines-based real estate company. The Company is a commercial real estate investment trust formed primarily to own and invest in an income-producing commercial portfolio of office, retail, industrial and hotel properties in the Philippines. It is engaged in the business of real estate development including but not limited to residential and condominium projects, to acquire by purchase or lease land and interest in land, to own, hold, impose, promote, develop, subdivide and manage any land owned, held or occupied by the Company, to construct, manage or administer buildings such as condominiums, apartments, hotels, restaurants, stores or other structures and to mortgage, sell, lease or otherwise dispose of land, interests in land and buildings or other structures at any time. Its property portfolio consists of three operational office buildings with retail components in DD Meridian Park. DD Meridian Park is being developed as an office-led mixed-use development.
DDMP REIT INC. 
