June 10, 2014 / 12:11 AM / 3 years ago

PHILIPPINES PRESS-DoubleDragon signs 30-yr lease deal with Cebu firm - BusinessMirror

DoubleDragon Properties Corp. said its shopping mall operations unit forged a 30-year lease deal with Cebu-based Dunes and Eagle Land Development Corp. as part of its expansion programme in central Philippines, BusinessMirror reported.

CityMall Commercial Centers Inc will build a community mall called Grand CityMall in the downtown Cebu area, its second mall in the province, DoubleDragon said in a statement.

(link.reuters.com/pad99v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila newsroom; Editing by Subhranshu Sahu)

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