GT Capital group’s property arm Federal Land Inc. has teamed up
with two Japanese firms, Nomura Real Estate Development Co. Ltd.
and Isetan Mitsukoshi Holdings Ltd, to jointly finance and develop
a Php 20 Billion retail and residential complex in North Bonifacio
Global City,The Fort Taguig City.
The project will be called Sunshine Fort, Target completion of the project
will be on 2025, This Japanese-Inspired residential and retail complex in the
Philippines will be first of its kind. It will rise within Federal Land’s 10-hectare
Grand Central Park development in North BGC just in front of the Big Apple Mall
a New York Inspired residential and retail complex and right next to the Grand Hyatt Manila Hotel. Sunshine fort will have four residential towers, ranging from 41 to 51 floors, which will feature the Japanese elements of functionality, safety,
harmony with the environment and simplicity. It will also have a shopping mall
to be curated and developed jointly with Isetan Mitsukoshi, featuring
Japanese fashion brand, food, and cosmetics.
“This joint venture is part of Federal Land, Inc’s. commitment to bring global industry standards in the country to add value to our lifestyle. ”
-Federal Land chair Alfred Ty