PROPERTY developer DoubleDragon Properties Corp. is eyeing to end this year with 50 new malls in line with its vision to be 90 percent recurring income-driven by 2020.

In a statement on Friday, DoubleDragon said it was eyeing to expand its CityMalls business by 25 across the country. Of the existing 25, the company said 95.3 percent is already leased out to tenants.

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