DoubleDragon REIT profit up 24.7% to P3.88B in Q1

MANILA, Philippines — DDMP REIT Inc. (DDMPR) posted a 24.7-percent rise in first-quarter net income at P3.88 billion, buoyed by higher revenues and steady leasing operations in the Bay Area business district. In a disclosure, the DoubleDragon Corp.-led real estate investment trust said total revenues jumped 20.48 percent to P4.52 billion from P3.75 billion in