Imagine a partnership of two giants, a homegrown Filipino property developer and a Japanese real estate company, which both belong to two mammoth conglomerates in their respective markets.
The result is a power couple of sorts, a powerhouse joint venture that is sure to raise the bar for property development in the Philippines.
This is exactly what will happen with the seamless fusion of Federal Land Inc., the 50-vear old property company of Ty-owned listed conglomerate GT Capital Holdings and Japan real estate giant Nomura Real Estate Development Co. Ltd. (NRE).