Property and investment powerhouse DoubleDragon Corporation has reached a significant milestone with the completion of 1.5 million square meters of gross floor area (GFA) across its recurring revenue hard asset portfolio. This achievement comes on the heels of the successful completion and full pre-leasing of the 5-hectare CentralHub warehouse complex in Cebu, further solidifying DoubleDragon’s footprint in the country’s growing industrial real estate sector.
This milestone marks a crucial step toward the company’s long-term vision of building a ₱24.8 billion industrial leasing portfolio and launching the Philippines’ first industrial REIT. CentralHub, the company’s industrial platform, is a joint venture between DoubleDragon Corporation and Jollibee Foods Corporation.
Currently, CentralHub’s portfolio includes the largest commissary and distribution center of Jollibee Foods Corporation located in Laguna, underscoring the platform’s critical role in enabling logistics and supply chain operations for major corporations.
🔹 Solid Financial Standing
As of March 31, 2025, DoubleDragon’s Total Equity stands at ₱102.1 billion, with a Net Debt-to-Equity Ratio of 0.76x—among the healthiest in the Philippine market. This strong balance sheet has been further bolstered by the historic NASDAQ listing of its subsidiary Hotel101 Global, making it the first Filipino-owned company to be publicly listed and traded on the U.S. NASDAQ Stock Exchange.
🔹 A Decade of Strategic Expansion
In just a decade, DoubleDragon has built a highly diversified 1.5 million sqm portfolio spanning:
- Community malls across Luzon, Visayas, and Mindanao
- Office towers in Metro Manila
- Hotels in the Philippines and abroad
- Industrial warehouse complexes across the country
Its hard assets are strategically located in prime areas nationwide, including far-reaching regions such as Cotabato City, Koronadal, Dipolog, and Isulan, as well as Basilan and Sulu in the Bangsamoro Autonomous Region—bringing economic activity and development directly to the countryside.
🔹 The Rise of Hotel101 Global
DoubleDragon’s international arm, Hotel101 Global, is an asset-light, high-margin hospitality brand designed for global scalability. With an ambitious roadmap to reach 25 countries in the next 3 years and 1 million rooms across 100 countries long-term, Hotel101 is expected to become a significant US Dollar generator for the Philippine economy while uplifting the Filipino brand of hospitality on the world stage.
Its first overseas project, Hotel101–Madrid, is currently underway, marking the company’s foray into Europe and reinforcing its vision of becoming a globally recognized hospitality player.
🔹 Top Credit Standing & Visionary Leadership
DoubleDragon is also one of the few Philippine firms to hold a PRS Aaa (Triple A) credit rating from the Philippine Rating Services Corporation (PhilRatings)—the highest rating tier.
The company is led by principal shareholders Injap Investments Inc., chaired by Mang Inasal founder Edgar “Injap” Sia II, and Honeystar Holdings Corp., chaired by Jollibee founder Tony Tan Caktiong—two visionary entrepreneurs shaping the future of Philippine business.
Building Beyond Real Estate
DoubleDragon’s string of titled investment properties, its diverse portfolio, and its ability to export a uniquely Filipino business model like Hotel101, position the company as a global innovator rooted in local excellence. As the company’s assets continue to mature in 2025, DoubleDragon remains committed to creating long-term value for its stakeholders and accelerating national progress through bold, future-facing investments.
