
MANILA -- Federal Land, Nomura Real Estate Development and Isetan Mitsukoshi Holdings are teaming up on a $400 million mixed property development that will bring a slice of Japanese living to the Philippine capital.
Sunshine Fort will occupy a 15,000 sq. meter plot in the Bonifacio Global City business district in southern Metro Manila with four residential towers ranging from 41 to 51 floors above a retail complex. Construction will start early in 2018, with the first tower due for completion in 2022, and the overall project by 2025.