DuPont (DD) Declares $0.30 Quarterly Dividend; 2.2% Yield

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Go back to DuPont (DD) Declares $0.30 Quarterly Dividend; 2.2% Yield

Philippines' DoubleDragon plans $1.3 billion multi-year REIT offering

February 11, 2020 11:25 PM EST

By Neil Jerome Morales

MANILA (Reuters) - The Philippines' DoubleDragon Properties Corp (NYSE: DD) plans a sale of shares worth up to 66 billion pesos ($1.3 billion) in a real estate investment trust (REIT), starting this year, to generate funds for expansion, its chairman said on Wednesday.

DoubleDragon is one of the largest landlords of Chinese offshore gaming operators, which are the biggest office tenants in Manila, the capital, occupying... More