Ty family donates land for new Ateneo campus in Cavite
GT Capital Holdings Inc., the holding company of the Ty family, has formalized the donation of a 15-hectare land parcel to Ateneo de Manila University, clearing the path for the institution’s expansion into Cavite.
The firm said the future Ateneo campus, located within the township Riverpark in General Trias City, is intended to provide world-class education to students in southern Metro Manila and neighboring provinces.
The land transfer follows a memorandum of agreement signed in October 2025.
Riverpark is the largest township project for Federal Land Inc., GT Capital’s wholly owned property arm. The development is being managed alongside Federal Land NRE Global Inc., a joint venture with Japanese firm Nomura Real Estate Development Co.
Despite heightening geopolitical tensions following the conflict in Iran, FNG remains committed to its investment schedule for the year.
Thomas Mirasol, FNG president, said the Philippine property market continues to show resilience, underpinned by urbanization, population growth, and the government’s sustained infrastructure spending.
FNG expects capital expenditures in 2026 to exceed previous years as Riverpark enters a more intensive phase of development.
Mirasol noted that the company is still in the early stages of the project and plans to scale up operations as long as demand remains robust. However, he emphasized that the firm is maintaining a prudent approach given the global environment.
While the company is being more selective regarding the timing of new product launches, Mirasol said that buyer interest remains steady. The firm is currently evaluating letters of intent to gauge market confidence.
Sales velocity has remained stable since February, with April figures projected to match or exceed the performance seen in March.
The company’s strategy involves ensuring that demand is sustainable before committing to significant new inventory. Mirasol noted that until global conditions settle, the firm is focused on verifying that the market’s appetite is not just a temporary spike.
Riverpark is being positioned as a fully integrated ecosystem. Beyond the institutional presence of Ateneo de Manila, the township is expanding to include retail, residential, and logistics components, reflecting GT Capital’s broader push to diversify its real estate portfolio. (James A. Loyola)