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Philippines-Japan friendship takes form in real estate
Business World Philippines
|July 23, 2025
FNG bridges culture through space and design
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The 1951 San Francisco Peace Treaty laid the foundation for a renewed relationship between the Philippines and Japan.
The treaty was ratified by the Philippine government on July 16, 1956, and took effect for the country after a week. Today, July 23, is celebrated annually as Philippines-Japan Friendship Day, as mandated by Proclamation No. 854 in 2006.
The partnership, meanwhile, has expanded beyond government initiatives, as Japanese and Filipino companies engage in joint ventures that contribute to the local economy and strengthen cultural ties.
Among them is Federal Land NRE Global, Inc. (FNG).
Since its launch in 2022, FNG, the joint venture between local property firm Federal Land, Inc. and Japan-based Nomura Real Estate Development Co., Ltd. (NRE), has worked on several real estate projects, focusing on residential and mixed-use communities. These developments show how the countries’ strong ties extend beyond trade — it also connects people through spaces.
BUILDING SPACES, BRIDGING CULTURE
The collaboration between Federal Land and NRE started with the development of The Seasons Residences. Together with Isetan Mitsukoshi Holdings, Ltd., they also brought in the country's first MITSUKOSHI mall in Bonifacio Global City. What began as a single project has since grown into a wider commitment to urban development.
The Observatory’s façade is inspired by the Philippine eagle, refining vertical living in the metro. (Artist’s perspective)
Today, FNG handles a growing portfolio of mixed-use and residential projects that combine Japanese architectural sensibilities with Filipino lifestyle demands.
This story is from the July 23, 2025 edition of Business World Philippines.
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