Home News & Events Federal Land partners with Japanese firm for P48-B venture

Federal Land partners with Japanese firm for P48-B venture

January 29, 2022 By: Melecio Martin G. Arranz IV

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

About the Author

Melecio Martin G. Arranz IV

Digital Marketing Head

Martin is an experienced marketer with over 16 years of experience across various industries including real estate, banking and finance, technology, and advertising.

Martin has a broad range of expertise in having handled campaigns, brand launches, activations both in the traditional and digital space. Currently serving as the Digital Marketing Head at Federal Land, Martin leads a team focused on managing digital sales and platforms for the residential, estates and commercial business units.