PH realty players DoubleDragon, Filinvest Land move ahead on REIT listing

PH realty players DoubleDragon, Filinvest Land move ahead on REIT listing

Manila Bay, Manila, Philippines. Photo: Eugenio Pastoral/unsplash

Philippine-listed real estate developers DoubleDragon Properties Corp and Filinvest Land are lining up shares sales of their real estate investment trust (REIT) subsidiaries in a move that could transform the local bourse as the region’s hotspot for initial public offerings (IPOs) this year.