Federal Land partners with Japanese firm for P48-B venture
Ty family-led Federal Land Inc. has teamed up with Japanese property developer Nomura Real Estate Development Co. to create a P48-billion local joint venture company that aims to deliver world-class township developments.
Nomura will invest $324 million (about P16 billion) for a 34-percent interest in the new company, which will be called Federal Land NRE Global Inc., Federal Land’s parent conglomerate, GT Capital Holdings, disclosed to the Philippine Stock Exchange on Friday.
The disclosure said the joint venture, set to begin operations this April, was expected to bring “milestone developments that mix Japanese inspiration with Filipino sensibility.”
“It differentiates itself from other developers with its push for smart cities, the presence of Japanese retail concepts, and its client-first mindset. Ultimately, it aims to create value in townships with sustainable growth,” it added.
Read more: Business Inquirer
Head of Corporate Communications
Gizelle is a marketing and communications professional with extensive experience in the real estate industry, specializing in brand strategy, marketing communications, corporate communications, and integrated campaigns. She has built her career working across brand development, strategic communications, public relations, systems development, and marketing, with experience spanning both corporate and consumer-facing initiatives.
At Federal Land, Gizelle leads the Corporate Communications Department handling the company’s diverse portfolio, helping shape the narratives and experiences behind some of its most notable developments.
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