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Jollibee investing $77m in IPO-bound industrial REIT CentralHub

Philippine-listed fast-food giant Jollibee is investing $77 million to create the country's first and largest industrial REIT.

Doubledragon-centralhub , Jollibee , Jollibee-foods-corporation , Zenith-foods-corporation , Centralhub-industrial-centers , Philippine-stock-exchange , Philippine-stock-exchange-friday , Centralhub-industrial , Tony-tan-caktiong , ஜொல்ளிபீ , ஜொல்ளிபீ-உணவுகள்-நிறுவனம் , பிலிப்பைன்-ஸ்டாக்-பரிமாற்றம்

Jollibee, DoubleDragon team up for first industrial REIT

Jollibee, DoubleDragon team up for first industrial REIT
cnnphilippines.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cnnphilippines.com Daily Mail and Mail on Sunday newspapers.

Philippines , Philippine , Benguet , Metro-manila , Philippines-general- , Jollibee , Jollibee-foods-corporation , Real-estate-investment-trust , Industrial-real-estate-investment-trust , Centralhub-industrial-centers , Philippine-stock-exchange

DoubleDragon set to launch pre-selling activities for 3 Hotel 101 projects, including Hotel 101-Cebu

April 21, 2021
DOUBLEDRAGON Properties Corp. will launch pre-selling activities in three new Hotel 101 projects this year, namely Hotel 101-Cebu, Hotel 101 Resort-Boracay and Hotel 101-Libis.
These three new hotels will bring a total of 2,251 new rooms to the company’s portfolio.
A total of P11.03 billion in sales revenues is expected to be generated in these new projects, the firm told the local bourse Wednesday, April 21, 2021.
The Hotel 101 model being a three-star affordable hotel maintained high occupancy as it provided accommodation to employees of business process management companies even at the height of the pandemic.
In fact, the 518-room Hotel 101-Manila maintained a strong occupancy at 80.11 percent in 2020. One hundred percent of the inventory of Hotel 101-Fort was also fully sold out during the pandemic.

Boracay , Aklan , Philippines , Manila , Mactan , Masbate , Libis , Quezon-city , Hannah-yulo-luccini , U-bix-group , Citymall-commercial-centers , Hotel-of-asia