Shopping Mall Empire To Be Built By PH Two Biggest Fast Food Chains
Shopping Mall Empire is going to be built by Philippines two biggest fast food chains team-up for their biggest property development to be finished in 2020.
Founders of Mang Inasal and Jollibee Foods Corp, Edgar Sia, and Tony Tan Caktiong started the property development firm called Double Dragon. The two biggest fast food chains in the country were planning to construct 100 branches nationwide by 2020.
A total of 1 million square meters leasable space for mall portfolio is what Double Dragon Property were looking for. The company has already constructed 53 City Malls nationwide that was designed as community malls with an area ranging from 5, 000 to 10, 000 square meters.
City Malls rather than sizable shopping complexes on Sm Megamall and Ayala’s Greenbelt’s scale. In Imus, Zamboanga, and Roxas there are already eight City Malls are existing because the communities in the said area were not yet served by Robinsons Land and Ayala Land.
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