Conglomerate GT Capital Holdings is infusing P1.1 billion in fresh equity into wholly-owned Federal Land Inc. to position the property arm for further growth amid a fast expanding domestic economy.
Amid scarce land and soaring prices, Federal Land Inc. is primed to make a lot of hay in the ongoing real estate boom with its much-coveted cache property jewels amassed from 40 years of shrewd picking of choice real estate assets in Metro Manila’s financial districts.
Federal Land Inc., the Metrobank Group’s real estate arm, introduced here recently the newest addition to its list of residential development—the Parkview Residences.
Property developer Federal Land and Orix Corp. of Japan formed a joint venture, called Bonifacio Landmark Corp., to pursue a $300-million mixed used facility at The Fort.
MANILA, Philippines—Federal Land Inc., the property arm of tycoon George Ty, plans to venture into low-cost housing by selling residential units priced below P1 million by next year, thereby catering to a broader segment of the Philippine population. “Our subsidiary, Horizon Land, is considering that,” Federal Land president Arthur Ty said in a recent talk [...]
