Federal Land NRE Global Inc. (FNG), the joint venture of Federal Land, Inc. of the Philippines and Nomura Real Estate Development Co., Ltd. (NRE) of Japan, joins the Japanese people in celebrating Japan National Day and the birthday of Emperor Naruhito.
As the twin events take place, the Filipino-Japanese developer looks at the long-standing relationship between the Philippines and Japan, starting with its own principals.
GT Capital Holdings, Inc. (GT Capital), the publicly listed holding company of the Ty family, is a trusted partner of leading Japanese firms. For decades, it has fostered strong, enduring, and mutually beneficial tie-ups. A testament to its many successful collaborations would be FNG, which was established through its wholly-owned property development arm, Federal Land, and Nomura Real Estate, which has built a solid reputation in Japan since its launch in 1957.
It all began with Dr. George S.K. Ty, the late founding chair of Metropolitan Bank & Trust Company (Metrobank) and GT Capital, and Shoichiro Toyoda, then president of Toyota Motor Corporation. Their vision led to the establishment of Toyota Motor Philippines Corporation (TMP), paving the way for the group’s diverse portfolio of partnerships with Japanese companies.
Pursuing the founders’ common goal to contribute to the sustainable development of the Philippines through the vehicle industry, Toyota Financial Services Philippines, the leading financial partner for Toyota, collaborates closely with Toyota Financial Services of Japan to provide auto loans to retail buyers to expand access to vehicles for mobility and livelihood.
For his significant contributions in fostering and strengthening Philippine-Japanese economic relations, Dr. Ty was awarded with Japan’s highly prestigious Order of the Rising Sun, Gold and Silver Star decoration by then Emperor Akihito on November 7, 2017. The honor highlighted his enduring legacy in cultivating meaningful international partnerships and supporting philanthropic initiatives through the Metrobank Foundation.
GT Capital’s long-term, strategic partnerships for over four decades include their property development ventures with leading Japanese firms, such as Nomura Real Estate.
NRE has been shaping Japan’s urban landscape for over six decades, developing some of Japan’s most sophisticated residential, commercial, and mixed-use developments. With its expertise in a broad spectrum of real estate products, it is well-positioned to introduce Japan-inspired living to Filipinos through FNG.
In 2011, Federal Land and ORIX Corp. launched The Grand Midori, a Zen-inspired condominium.
This was followed by the Metrobank Center, Grand Hyatt Manila, and Grand Hyatt Residences, all of which introduce world-class luxury to its residents and patrons. The first residential project in Southeast Asia to bear the Grand Hyatt name, the award-winning residential development redefines living in the country with its best-in-class architecture and services.
Just across is The Seasons Residences, a four-tower residential complex inspired by the seasons of Japan, which is a collaborative undertaking of Federal Land, Isetan Mitsukoshi Holdings Ltd., and NRE. It features Mitsukoshi BGC at its podium, the first outlet of the Japanese retail chain in the country. Since its opening in 2022, it has showcased Japanese culture to the local market through its design, products, and retailers.
Filipinos could also look forward to more Japan-inspired experiences, as joint venture FNG focuses on intentional functionality and applying Japanese principles in its developments, whether it be precision, technology, or methods. It hews closely on three solid pillars—Japanese, innovation, and collaboration.
In 2024, FNG broke ground for its inaugural developments. Yume at Riverpark in Cavite is a horizontal residential enclave that blends urban convenience with suburban tranquility. Meanwhile, The Observatory in Mandaluyong City is a 4.5-hectare mixed-use development offering a modern urban retreat near Metro Manila’s commercial hubs.
Upcoming projects in Pasay and Cebu will further bring the art of Japanese living tailored to Filipino sensibilities.
With shared fundamental values like industriousness and respect, it was easy for Filipino and Japanese companies to find a strong common bond. GT Capital remains committed to fostering growth and progress between the two nations, while FNG continues to blend the best of Japanese and Filipino ingenuity.
