Japanese-style suburban communities set to pop up outside Metro Manila

Nomura Real Estate embarks on project with Philippine partner Federal Land

20240621N Nomura development

Riverpark North will offer homes and a megamall. (Rendering courtesy of Federal Land NRE Global)

YUKI FUJITA, Nikkei staff writer

MANILA -- Japan's Nomura Real Estate Development and Philippine partner Federal Land have begun work on new communities to attract both residents and businesses beyond crowded Metro Manila.

Joint venture Federal Land NRE Global (FNG) is spearheading the work on the communities, which are FNG's first large-scale projects outside Metro Manila.

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