DDMP REIT moves closer to hitting occupancy goal at DoubleDragon Plaza

DDMP REIT Inc., a listed real estate investment trust developing DD Meridian Park, said Thursday it moved closer to its goal of achieving 95 percent occupancy at DoubleDragon Plaza by the end of this year with the lease of 15,100 square meters of office space. 
It said it has received payment of P55.26 million as rental deposit for the new office space, with the total lease value pegged at P798.81 million. 

DoubleDragon Plaza, one of the three major developments at the 4.5-hectare DD Meridian Park positioned as a mini central business district in the Bay area given its prime landmark double corner location. 
DoubleDragon Plaza is LEED Gold certified and currently houses the headquarters the Philippine Economic Zone Authority and Tourism Infrastructure Economic Zone Authority. 
DDMP said it expects to welcome soon a third government agency to relocate their headquarters at the complex, in addition to many private corporate head offices already in the complex.
“During the economic crisis, office tenants have many to choose from a bunch of available office spaces, but when the smoke starts to clear, office tenants, especially corporate offices, will choose efficient and newly built LEED Gold-certified buildings, such as DoubleDragon Plaza at DD Meridian Park in prime locations that will bring better value than alternative CBDs,” said DDMP chairman Edgar Injap Sia II in a statement.