Japanese real-estate developer Nomura brings expertise to PHL
THE Philippine real-estate industry continues to enjoy steady growth attributed to, among other things, an equally steady increase in demand in the residential condominium segment. As the income of the middle to uppermiddle class grows, their taste has also become more discerning. They are now more concerned about products that are reflective of their lifestyle choices, and products that provide conveniences and comfort.
Prime real-estate developer Federal Land Inc. recognized this shift in demand, engaging for a collaborative project with leading property developer from Japan, Nomura Real Estate Development Co. Ltd., whose vision for quality, value and customer satisfaction equals their own.
Founded in 1957 in Tokyo, Japan, Nomura is one of the affiliates of the Nomura Group of Cos., which has a history of more than 90 years of investment banking experience. One of the more prominent members of this group is Nomura Securities, one of Japan’s largest financial institutions. The real-estate company engages in residential development, corporate realestate brokerage, commercial property development, building leasing, and architectural design businesses across
Japan and, recently, in China, Vietnam and Thailand.
Nomura has not only dedicated itself to going beyond normal design boundaries, but has continuously explored new technologies that better serves the urban landscape of its properties. Under its quality residential brands, Proud and Ohana, Nomura has gained a reputation for quality in market-leading locations they are present in, bringing life and value to the environments they build.
“As a company, we look for equally strong partners in every project. We consider it an honor to bring the excellence that Nomura Real Estate is known for and share it with the Philippines. We’re very happy to find a good partner in Federal Land so we can transform our vision of integrating all that is precious to people and communities into reality,” said Eiji Kutsukake, chairman of Nomura Real Estate.
The Seasons Residences is the first project of the partnership between Federal Land, Nomura Real Estate, and retail giant Isetan Mitsukoshi Holdings Ltd. It is a four-tower Japanese-inspired residential development which will be home to the first Mitsukoshi Mall in the country. It is currently under construction at Federal Land’s Grand Central Park in Bonifacio Global City. This venture promises to offer a harmonious, innovative and technology-led home that elevates the lifestyles of the growing population of discerning buyers.
“By combining our knowledge and enthusiasm with our high level of technical skills, we can offer the best products and services to the partnership,”
Kutsukake said. The Seasons Residences benefits from Nomura’s expertise on design efficiency. Among other features, this translates to maximized storage spaces within the units, clean technology (where each unit will have tiles that minimize excess humidity, unpleasant odors and harmful substances in the air) and safety (the use of visco-elastic coupling dampers to reduce wind and earthquake vibrations). “In Japan, we experience a lot of natural disasters such as earthquakes, and there is a great need for safety among consumers. The Philippines also faces the threat of earthquakes, so we would like to spread the importance of safety to the market by using a Japanese earthquake vibration technology that can protect the buildings from not just earthquakes but typhoons, as well.”
The partnership will also be building the much-anticipated Mitsukoshi Mall at the podium of the residential towers of The Seasons Residences. This four-story retail development is set to provide a holistic Japanese shopping experience to the Philippine retail.
More information about The Seasons Residences is available at the showroom at 7th Avenue corner 34th Street, Grand Central Park, North BGC, Taguig City.