Philippines' GT hopes Japan property tie-up can emulate Toyota magic

Joint venture with Nomura Real Estate spans projects worth $5.2bn

20220915N GT/Nomura development

GT Capital Holdings and Nomura Real Estate have four development projects planned, estimated to cost a total of $5.2 billion. (Photo courtesy of Nomura Real Estate )

YUICHI SHIGA, Nikkei staff writer

MANILA -- Conglomerate GT Capital Holdings, a leading player in the Philippines' banking and auto markets, is now looking to tap the country's real estate boom as its next big growth driver, leveraging the latest in a long line of tie-ups with Japanese partners.

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