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    Home » GT Capital Applauds FNG’s Successful Full Sale of Riverpark North Commercial Properties
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    GT Capital Applauds FNG’s Successful Full Sale of Riverpark North Commercial Properties

    wsjcryptoBy wsjcrypto30 Giugno 2025Nessun commento3 Mins Read
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    GT Capital Holdings, Inc. (GT Capital) is delighted to announce the highly successful 100% sell-off of commercial parcels at Riverpark North in General Trias, Cavite, achieved by Federal Land NRE Global, Inc. (FNG) as of May 2025. FNG is a collaboration between GT Capital’s wholly-owned real estate subsidiary Federal Land, Inc. (Federal Land) and Japan’s Nomura Real Estate Development Co., Ltd. At Riverpark North, the partnership sold lots varying from 1,000 to 2,600 square meters intended for development into office, retail, and other mixed-use spaces.

    The purchase of these commercial parcels showcases foresight and strategic positioning by specific investors ahead of the finish of the Cavite-Laguna Expressway (CALAX) interchange. This completion enhances future connectivity and commercial potential. The sale of commercial parcels is also anticipated to soon facilitate business activities and propel the advancement of the Riverpark township.

    “We applaud FNG for the successful full sale of its commercial parcels at Riverpark North, a significant achievement that not only fortifies our business portfolio but also opens new avenues for development and economic engagement in the locale,” stated GT Capital Senior Vice-President and Investor Relations Chief Jose B. Crisol, Jr. “This achievement underscores our unwavering commitment to generating long-term value for our stakeholders and contributing to the growth of the communities we support,” continued Mr. Crisol.

    In light of the promising uptake of commercial parcels, a subsequent phase is projected to be initiated in the second quarter of 2026, aligning with the completion of the CALAX interchange, the UNIQLO Logistics Facility, and the new SM City General Trias. With these strategic developments, GT Capital remains optimistic that FNG will play a pivotal role in solidifying Cavite’s status as an emerging investment hotspot.

    “We are excited to witness such substantial interest in Riverpark’s Central Business District,” remarked FNG President Thomas F. Mirasol. “We resonate with our clients’ vision regarding the imminent potential of General Trias and Cavite as a growth hub and commercial center, and we are actively preparing to introduce more innovations within the township.”

    Beyond commercial ventures, Riverpark also promotes lifestyle and residential expansion. Yume at Riverpark, FNG’s award-winning Japan-inspired residential enclave, continually attracts attention from discerning homebuyers in search of thoughtfully crafted homes within a lively, well-connected township. The community is on track to unveil its house-and-lot offerings this year, featuring five home designs by the esteemed firm, Lor Calma & Partners. Drawing inspiration from various life stages, these homes will integrate Japanese design features while accommodating Filipino lifestyles and preferences. From future-ready infrastructure to green spaces and walkable living, Riverpark is preparing to become a prominent destination in Cavite.

    Federal Land’s strategic emphasis on horizontal projects yielded robust reservation sales of P5.9 billion in the first quarter, an increase of 49%. Aside from the complete sell-off of Riverpark North Commercial Lots, this was propelled by strong demand at other strategic initiatives, particularly at The Seasons Residences in BGC, Taguig, and Phase One of Hartwood Village in Biñan, Laguna.

     


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