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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

DDMP REIT, Inc. IPO Proceeds Final Reinvestment Plan Progress Report

Background/Description of the Disclosure

On March 24, 2021, DoubleDragon Corporation received net proceeds from the IPO of DDMPR amounting to Nine Billion Twelve Million Nine Hundred Four Thousand Five Hundred One pesos and Ninety-Seven centavos (PHP 9,012,904,501.97).

Update or Status of the Reinvestment Plan

As of March 24, 2022, DD already disbursed the total net proceeds amounting to Nine Billion Twelve Million Nine Hundred Four Thousand Five Hundred One pesos and Ninety-Seven centavos (PHP 9,012,904,501.97).

Summary of Transactions Involving Real Estate and/or Infrastructure Projects for the Period

Disbursing Entity: CentralHub Industrial Centers Inc.
Disbursement Date: Q1 to Q4 2021
Project Name: CentralHub-Tarlac, Amount: P221,007,360
Project Name: CentralHub-Cebu (Danao), Amount: P406,463,040
Project Name: CentralHub-Iloilo, Amount: P323,768,960
Project Name: CentralHub-Capiz, Amount: P150,000,000
Project Name: CentralHub-Davao, Amount: P292,478,590
Project Name: CentralHub-Cebu 2, Amount: P29,750,000
Project Name: CentralHub-Surigao, Amount: P17,850,000
Project Name: CentralHub-Negros, Amount: P29,399,029
Project Name: CentralHub-Cagayan de Oro, Amount: P17,850,000
Project Name: CentralHub-Tuguegarao, Amount: P17,850,000
Project Name: CentralHub-General Santos, Amount: P23,800,000
Project Name: CentralHub-Leyte, Amount: P17,850,000
Project Name: CentralHub-South Luzon, Amount: P47,600,000
Project Name: CentralHub-Boracay, Amount: P4,310,000

Disbursing Entity: DoubleDragon Corporation
Disbursement Date: Q1 to Q3 2021
Project Name: Jollibee Tower, Amount: P909,102,093

Disbursing Entity: Robinsons DoubleDragon Corp.
Disbursement Date: Q1 2021
Project Name: Robinsons DoubleDragon Square, Amount: P336,527,663

Disbursing Entity: Hotel of Asia, Inc.
Disbursement Date: Q4 2021 to Q1 2022
Project Name: Jinjiang Inn - Boracay Newcoast, Amount: P414,128,000
Project Name: Baguio Hotel, Amount: P266,070,774
Project Name: Hotel 101 Fort, Amount: P468,439,835
Project Name: Hotel 101 Bohol, Amount: P294,298,875
Project Name: Hotel 101 Davao, Amount: P439,143,367
Project Name: Hotel 101 Resort, Boracay Amount: P395,955,742
Project Name: Hotel 101 Palawan, Amount: P120,504,577
Project Name: Hotel 101 Mactan Cebu, Amount: P310,698,787
Project Name: Hotel 101 Libis, Amount: P329,368,320
Project Name: Hotel 101 Guimaras, Amount: P238,256,180

Disbursing Entity: DDMP Serviced Residences Inc
Disbursement Date: Q1 2022
Project Name: Ascott-DD Meridian Park, Amount: P124,336,444

Disbursing Entity: DD HappyHomes Residential Centers Inc
Disbursement Date: Q1 2022
Project Name: DDHH-Mandurriao, Amount: P79,547,786
Project Name: DDHH-Zarraga, Amount: P157,567,216
Project Name: DDHH-Tanauan, Amount: P98,099,287

Disbursing Entity: Green Coast Development PH Corp.
Disbursement Date: Q1 2022
Project Name: GreenCoast Guimaras, Amount: P134,750,000

Disbursing Entity: CityMall Commercial Centers Inc
Disbursement Date: Q1 2022
Project Name: CM Ozamiz, Amount: P222,295,025
Project Name: CM Bacalso, Amount: P298,085,025
Project Name: CM Los Baños Bay, Amount: P125,138,650
Project Name: CM Palo, Amount: P127,938,300
Project Name: CM Surigao, Amount: P238,593,655
Project Name: CM Gen. Trias, Amount: P128,102,100
Project Name: CM Antique, Amount: P318,249,892
Project Name: CM Ormoc, Amount: P222,513,113

Disbursing Entity: Prime DDG Commercial Centers Inc
Disbursement Date: Q1 2022
Project Name: CM Guiwan, Amount: P217,225,925

Disbursing Entity: CM-Northtown Davao Inc.
Disbursement Date: Q1 2022
Project Name: CM Northtown Davao, Amount: P366,792,790

Description of Real Estate Assets and/or Infrastructure Projects for the Period

CentralHub Industrial Centers, Inc. is the industrial subsidiary of DoubleDragon Corporation (DD) engaged in the real estate development of modern logistics warehouses suited for commissaries, cold storage and logistics distribution centers.

Hotel of Asia, Inc. is the hotel subsidiary of DD engaged in real estate developments mainly in the development and operations of hotels and resorts.

CityMall Commercial Centers Inc. is the provincial retail subsidiary of DD, engaged in real estate developments mainly in the development of commercial community centers.

Jollibee Tower is a Grade A 41-storey commercial and office building situated in the heart of the Ortigas central business district in Metro Manila.

DD HappyHomes Residential Centers Inc. is a subsidiary of DD engaged in various horizontal real estate developments.

Robinsons DoubleDragon Corp. is a joint venture with Robinsons Land Corp engaged in the development of Robinsons DoubleDragon Square office building project located in Bridgetowne Libis Quezon City.

DDMP Serviced Residences, Inc. is a subsidiary of DD, engaged in the business of real estate development specifically the Ascott project in DD Meridian Park complex.

Green Coast Development PH Corp. is a subsidiary of DD, engaged mainly in sustainability-focused mixed use real estate developments.

Other Relevant Information

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Filed on behalf by:
Name Jose Roelph Desales
Designation Department Head

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DDMP REIT Inc. published this content on 08 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 April 2022 00:38:07 UTC.