Federal Land NRE Global Inc. (FNG), the successful joint venture of two renowned developers, the Philippines’ Federal Land, Inc., and Japan’s Nomura Real Estate Development Co., Ltd. (NRE), is celebrating Japan-Philippines Friendship Day.
FNG is the affirmation of the enduring and strong bond between the two countries.
This partnership to raise the bar in the real estate industry began with The Seasons Residences, which Federal Land and NRE developed with Isetan Mitsukoshi Holdings, Ltd. The country’s first residential project with a distinct Japanese concept, it is anchored by MITSUKOSHI BGC, the first Philippine branch of the iconic international Japanese department store chain.
The alliance was solidified with the launch of FNG in 2022, a collaboration leveraging the individual expertise of the partners.
Thomas F. Mirasol, president of FNG, offers insight into how the collaboration takes shape and the distinct outcomes it produces. “There are specific elements in our project architecture. The Japanese have simple and effective methods for making living spaces more comfortable. On the corporate side, there’s ongoing cultural learning between the Japanese and Filipino teams, which we can integrate into our projects to improve them daily,” he shared.
Guided by the principle of kaizen, a Japanese term meaning “change for the better” or “continuous improvement”, FNG’s projects are firmly tethered to the sturdy pillars of Japanese, innovation and collaboration that reflect the harmonious blend of Japanese innovation and Filipino care.
In 2023, FNG launched its first horizontal project, Yume at Riverpark in Cavite; and first vertical project, The Observatory in Mandaluyong City. The projects aimed to introduce premium functionality, a unique concept involving intentional design, guided by Japanese precision and thoughtfulness.
Award-winner
Riverpark, Federal Land’s township in Cavite and its biggest to date, is envisioned to be a complete, modern city that will provide developments with smart living concepts, all while blending nature.
Within the growing estate, FNG is building Yume at Riverpark, an award-winning residential community that balances accessibility, located close to metropolitan areas, with natural surroundings.
The serene 18-hectare neighborhood features lush greenery, refreshing amenities and a clubhouse designed by Filipino architect Ed Calma of Lor Calma & Partners, Inc. and UDS Ltd., Japan.
To be unveiled later this year is Yume at Riverpark’s house-and-lot project. It offers units adapted to the various periods of people’s lives to create a community that will remain a place of growth for residents at every stage of their lives.
Yume at Riverpark is accessible through CALAX (Cavite-Laguna Expressway), with interchanges in the estate’s North and South points.
Within Riverpark, FNG further promotes growth, enlivening the community. The recent success of FNG’s Riverpark North Commercial Lots in Cavite demonstrates the area’s growing appeal.
Additionally, Riverpark North will be the home of the UNIQLO Logistics Facility, the new, human-centric logistics facility, which broke ground in 2024 in collaboration with Fast Retailing Philippines. The new facility is expected to create jobs and foster economic vitality in the region.
Urban retreat
The Observatory in Mandaluyong is a 4.5-hectare mixed-use urban retreat, blending residences with panoramic views of the BGC skyline, reimagined retail and dining destinations, and future-ready offices. Its first tower, Sora, draws inspiration from Tokyo’s Shibuya district—crafted for urban professionals who value convenience and contemporary style.
Sora will offer sweeping vistas of the BGC skyline.
With Sora nearly sold out, FNG will build The Observatory’s second tower and introduce more Japanese concepts and design in one of Metro Manila’s prime locations.
On July 18, The Observatory Sales Pavilion was unveiled, FNG’s first showroom in Mandaluyong. It features what the bustling development in the center of Metro Manila offers. Developed with Japanese architects and partners, it redefines the customer experience, offering visitors a smooth and engaging journey.
From the very welcoming entrance and impressive scale models to the high-technology immersive virtual room, each space will give guests a reason why they should aspire to be part of The Observatory community.
The showroom also features Japanese food concepts from the Mugen Group, such as UCC Mentore, MOS Burger and CoCo Ichibanya.
FNG is unveiling more outstanding and distinctive projects that will attest to what can be achieved when two cultures with diverse and unique characteristics meld in harmony and unity.
As this joint venture between two robust and respected brands grows and matures, FNG will have even more reason to celebrate the Japan-Philippines Friendship Day every year.
