A DDMP REIT asset. (Photo: Google Maps)

A DoubleDragon-sponsored REIT, DDMP REIT, has made a less-than-stellar debut on the Philippine Stock Exchange (PSE) amid worries over spiking US 10-year Treasury yields.

The REIT, which is only the second to list on the PSE, closed flat on 24 March as investors also mulled over uncertainties related to the Chinese government crackdown on online gaming companies.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.