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Best of both worlds: Federal Land joins Japan's Nomura Real Estate Development for new company, FNG

Published Aug 28, 2022 04:43 pm

What do you get when you combine Filipino creativity with Japanese ingenuity? Or, in the real estate world, when you combine Japanese building technology and Filipino market knowledge? You only get the best of the best.

This is perhaps the reason why two leading real estate companies in their own countries have joined forces to create a new, more dynamic, and more future-responsive company. Dubbed as a “perfect synergy," the coming together of real-estate giants Federal Land, Inc. of the Philippines and Nomura Real Estate Development Co., Ltd. (NRE) of Japan has resulted into Federal Land NRE Global, Inc. or FNG.

Federal Land, Inc. Chairman Alfred Ty (left) and Nomura Real Estate Development Co., Ltd. Chair Eiji Kutsukake.

Led by Federal Land Chairman Alfred Ty and NRE Chair Eiji Kutsukake, the new company — FNG — sees a “combined century of impressive local and international real estate experience, outstanding business performance, and comprehensive expertise in all aspects of property development and management."

Through Federal Land NRE Global Inc., Federal Land and Nomura Real Estate Development are bringing their respective stellar capabilities intended to elevate the way urban developments are undertaken.

FNG aims to integrate the best of Japanese innovation, technology, and design with Federal Land's extensive knowledge of the Philippine market and solid reputation for well-built and innovative properties located in key cities of the country.

Toasting to FNG's success, from left: Carmelo Bautista, GT Capital Holdings president; Thomas Mirasol, Federal president and COO; Alfred Ty, Federal Land chairman; Eiji Kutsukake, Nomura Real Estate Development chair; Atsushi Ogata, Nomura Real Estate Development executive officer; and Yusuke Hirano, Nomura Real Estate Development executive officer.

“This is a perfect marriage of vision and values. We share a common long-term outlook, anchored on creating world-class developments that enrich the way people live. It’s a true synergy wherein we raise each other's performance, whether in architecture, technology, construction, management, or most importantly, to the quality of service rendered to our customers,” said Ty.

The joint venture aims to elevate the living experience of customers through the unique fusion of Japanese innovation with Filipino sensibility in its soon-to-be-seen developments. FNG differentiates itself through its push for sustainable smart cities, the presence of Japanese concepts, and its client-first mindset.

Through this strategic partnership, Federal Land’s local foothold is bolstered by NRE’s world-class prowess. With this new company, Ty said, “We aim to make a difference. We want to create real-estate solutions that will elevate the living experience of customers to a higher level.”

Related Tags

federal land Alfred Ty FNG Federal Land NRE Global Nomura Real Estate Development
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