FNG Announces Strategic, Human-Centric UNIQLO
Home » Updates » Federal Land NRE Global Inc. (FNG) Announces Strategic, Human-Centric UNIQLO Logistics Facility with Fast Retailing Philippines at Riverpark North, Cavite
FNG Leaders

Federal Land NRE Global Inc. (FNG) Announces Strategic, Human-Centric UNIQLO Logistics Facility with Fast Retailing Philippines at Riverpark North, Cavite

  • June 21, 2024

June 21, 2024, Manila – Federal Land NRE Global Inc. (FNG), a groundbreaking joint venture between Federal Land Inc. of the Philippines and Nomura Real Estate Development Co., Ltd. of Japan, announces a new, human-centric logistics facility in collaboration with Fast Retailing Philippines – the Philippine arm of the global company that operates multiple fashion brands including UNIQLO. This significant milestone further solidifies FNG’s commitment to innovation and strategic ventures within the real estate industry.

On June 20, Federal Land NRE Global Inc. and Fast Retailing Philippines marked this significant occasion with a groundbreaking ceremony for the UNIQLO Logistics Facility in Riverpark, Cavite. Executives and key officials from Cavite and General Trias City local government units, Fast Retailing, Federal Land NRE Global Inc., and Federal Land Inc. gathered to commemorate the event, underscoring a new chapter in logistics excellence and sustainability.

UNIQLO Logistics Facility Groundbreaking Ceremony from left to right: Chief Financial Officer of Fast Retailing Philippines, Mr. Ryo Watanabe, Group Senior Vice President of Fast Retailing Japan, Mr. Hidetsugu Asada, Chief Operating Officer of UNIQLO Philippines, Ms. Geraldine Sia, Cavite Congressman, Honorable Antonio “Ony” Ferrer, President of Federal Land NRE Global, Mr. Thomas Mirasol, General Trias City Mayor, Honorable Luis “Jon-Jon” Ferrer IV, Vice Chairman of Federal Land NRE Global, Mr. Yusuke Hirano, General Trias City Vice Mayor, Honorable Jonas Labuguen, Technical Execution Group Head of Federal Land, Mr. Alvin U. Ty, General Manager of the Overseas Business Division of Nomura Real Estate Mr. Masao Toba, and Project Development Head of Federal Land, Mr. Stephen Comia.

The groundbreaking ceremony highlights FNG’s steadfast commitment to advancing investment and innovation within the country. The new UNIQLO Logistics Facility aims to redefine logistics operations with a focus on worker wellbeing and environmental sustainability, promising to integrate technology and more sustainable practices, thereby setting a new benchmark for industry in the region.

at the groundbreaking ceremony, Geraldine Sia, Chief Operating Officer, UNIQLO Philippines, said “With the opening of our new facility, we are delighted to integrate the logistical and technological expertise of our partner, Federal Land NRE Global Inc. (FNG), to elevate the first-mile experience of delivering LifeWear to our Filipino customers. With its strategic location within the Southern Tagalog region, establishing this new facility enables us to deliver our LifeWear items to other parts of the Philippines seamlessly and more efficiently. In addition, this new facility will also employ hundreds of local people to support our operations, offering a comfortable work environment that helps all workers thrive. We believe this partnership is a great start to continue elevating the UNIQLO customer shopping experience for all Filipinos.”

Strategic Collaboration between Federal Land NRE Global Inc. (FNG) and Fast Retailing Philippines

  • In 2024, FNG and Fast Retailing Philippines formed an agreement to establish a logistics facility for UNIQLO within Riverpark North, a key development by FNG in Cavite.
  • Fast Retailing Philippines has chosen Riverpark North as the ideal location for its new facility, highlighting the area’s strategic importance in its logistics operations.

Economic Impact and Job Creation

  • The establishment of the facility is expected to create a significant number of jobs, providing employment opportunities and fostering economic vitality in the region.

 

Growing an Efficient and Sustainable Business Supply Chain

  • The facility is poised to be an advanced, efficient component of the business supply chain, incorporating both sustainability features and a commitment to the wellbeing of workers.
  • The new facility will be human-centric: providing a comfortable work environment that is designed to help workers flourish.
  • Situated within Riverpark, a 600-hectare estate along CALAX, the facility leverages strategic connectivity for seamless logistics operations.
  • The facility will utilize solar panels to provide energy for specific areas of the building.

Advancing Innovation District Concepts

  • This collaboration is a testament to FNG’s commitment to advancing its smart city concepts, which is centered on creating environments that go beyond technological advancements.
  • FNG aims to improve its smart city initiatives by collaborating with esteemed international and local brands, emphasizing holistic enhancements in mobility, safety, energy, and health.

Exciting Future Collaborations

  • FNG and Fast Retailing Philippines express their mutual excitement about the ongoing collaboration, and anticipate exploring additional projects that will further strengthen their business relationship.
  • This collaboration not only brings together two industry leaders but also signifies a commitment to shared values of innovation, sustainability, and economic growth.

Federal Land NRE Global Inc. (FNG) remains at the forefront of shaping innovative and sustainable real estate solutions. The collaboration with Fast Retailing Philippines marks a significant step forward, contributing to economic growth, job creation, and community development in the Philippines.

For more information about this groundbreaking project and to stay updated on FNG’s latest news, visit www.fng.ph.

Lessor Federal Land NRE Global Inc. (FNG)
Lessee Fast Retailing Philippines, Inc. (FRPH)
Location Brgys. Pasong Camachile and Navarro, General Trias, Cavite
Area Land Area: Approx 60,000 m2
Gross Leasable Area: Approx 38,000 m2
Contractor H.S. POW Construction and Development Corporation

About Federal Land, Inc

Federal Land, Inc. is a wholly-owned subsidiary of GT Capital Holdings, a listed major Philippine conglomerate whose investment holdings include Metropolitan Bank & Trust Company (Metrobank), Toyota Motor Philippines Corporation, Toyota Manila Bay Corporation, Toyota Financial Services Philippines Corporation, Sumisho Motor Finance Corporation, GT Capital Auto and Mobility Holdings, Inc., JBA Philippines, Inc., Premium Warranty Services Philippines, Inc., Philippine AXA Life Insurance Corporation, and Metro Pacific Investments Corporation.

For 50 years, Federal Land continues to create innovative and well-built property developments such as residential homes, commercial and retail spaces, modern office buildings, world-class hotels, and integrated communities.

The company launched several landmark projects by partnering with some of the international market’s biggest and most trusted names.

Federal Land believes that creating a core mix of residential and commercial properties can make self-sustaining communities that are dynamic and attractive places, to provide an unparalleled living experience that will let you enjoy life to the fullest.

About Nomura Real Estate Development Co., Ltd.

Nomura Real Estate Development Co., Ltd. is one of the core companies of the Nomura Real Estate Group with a diverse range of real estate businesses, such as the development of residences, offices, retail facilities, logistics facilities, and hotels, etc.

Since the establishment of the company in 1957, the Group continues to meet customers’ expectations through resolving social issues.

The Group expands overseas business mainly of the residential development in Southeast Asia.

Related Articles

Frequently Asked Questions

Find answers to your queries from the categories below.

Can a foreigner purchase a condominium unit in the Philippines?

Yes, foreigners are allowed to own condominium units in the Philippines, as stated in Section 5 of Republic Act No. 4726, otherwise known as the Condominium Act.

Yes, on the condition that the parent or legal guardian signs the contract on behalf of the minor. Please contact us for more details.

Yes, you can upgrade your purchase. The Developer will first check if the preferred unit is still available. If it is still available, the Buyer will be required to submit a written request. Once the request is approved, a new contract will be drawn up for the upgraded unit.

Yes. The process to downgrade is similar to that of upgrading a unit purchase. However, all expenses incurred by the Developer (commission, incentives, penalties, downgrading fee, etc.) shall be deducted from the Buyer’s original contract price, in favor of the Developer.

What are the available payment terms?

There are several payment terms available – Cash Term, Bank Financing Term, Deferred Cash/Installment Term, and No Down Payment Term. Please contact us for more details as the availability of these payment terms also vary per project.

Yes, you may change or restructure your selected term, but this will also be subject to Management’s approval and we will be charging a minimal processing fee.

Yes, we accept payment in US dollars. The exchange rate shall be based on the date the payment is credited to the Developer’s account.

On or before the due date of the first (1st) monthly amortization, the Buyer is required to submit Postdated Checks for the remaining monthly amortizations (that is, until the end of the payment term).

The developer adheres to provisions as stipulated in Republic Act No. 6552 or the “Realty Installment Buyer Protection Act,” also known as the Maceda Law. This law states that when the Buyer has paid at least two (2) years of installments, the seller/developer shall refund 50% of the total payments made if there is a cancellation on the purchase. For payments less than two years, the provisions as stipulated in the Contract to Sell will prevail.

How much is the reservation fee?

Reservation fees vary per project from Php ____ to Php ______.

Requirements to officially reserve a unit or lot are as follows:

1. Full payment of the Reservation Fee

2. Photocopy of one (1) valid government-issued IDs of Principal Buyer/s and Spouse/s (if applicable). Valid government-issued IDs with photos and signatures:

  • Passport
  • Driver’s License
  • GSIS ID
  • SSS ID
  • Professional Regulatory Commission ID
  • Tax Identification Number ID card
  • Senior Citizen ID
  • Postal ID
  • Photocopy of TIN ID card or BIR validated 1904 form

3. Fully accomplished and signed Reservation Application

4. Fully accomplished Buyer’s Information Sheet. For purchase under a Corporation, the following additional documents are required:

  • Articles of Incorporation and By-Laws (photocopy)
  • Secretary’s Certificate indicating the name of authorized signatory (notarized)
  • BIR-validated 1903 or copy of Certificate of Registration
  • For the authorized signatory to submit items 2 and 3 above

The reservation is valid for thirty (30) calendar days from the settlement of reservation fee. Kindly submit all the required documents to finalize the unit booking.

No, the reservation fee is non-refundable and non-transferrable. As stated in the Reservation Application, the reservation fee will be forfeited in favor of the Developer if no succeeding payments are received.

Will I be allowed to inspect the Unit before the actual turnover?

Yes, the Hand Over Team will coordinate with the Buyer on the schedule of unit inspection.

Yes, the Buyer may assign a representative to accept the unit on his behalf thru a notarized Special Power of Attorney (SPA). The SPA is also required to bring a valid ID plus photocopy.

Yes, you may have your unit leased out.

Monthly Association Dues vary per project, depending on the operating expenses of the building. Association Dues are used to defray the cost of maintaining and operating the building’s common areas and facilities. These costs include administration/management fees, janitorial, security, taxes and licenses, insurances, real estate tax, maintenance of equipment water distribution, garbage collection, maintenance of sewage treatment plant, and other miscellaneous expenses.

The unit turnover will be scheduled when all the following conditions are met:

  • Full payment of the contract price (including penalties and interests, if applicable)
  • Complete submission of all the required sales documents (listed above)
  • Payment of related Advance Registration Charges (ARC).

No, this is not allowed. Buyers are encouraged to either avail of bank financing (with accredited banks) or in-house financing to pay the unit in its entirety.

General Question
Can a foreigner purchase a condominium unit in the Philippines?

Yes, foreigners are allowed to own condominium units in the Philippines, as stated in Section 5 of Republic Act No. 4726, otherwise known as the Condominium Act.

Yes, on the condition that the parent or legal guardian signs the contract on behalf of the minor. Please contact us for more details.

Yes, you can upgrade your purchase. The Developer will first check if the preferred unit is still available. If it is still available, the Buyer will be required to submit a written request. Once the request is approved, a new contract will be drawn up for the upgraded unit.

Yes. The process to downgrade is similar to that of upgrading a unit purchase. However, all expenses incurred by the Developer (commission, incentives, penalties, downgrading fee, etc.) shall be deducted from the Buyer’s original contract price, in favor of the Developer.

What are the available payment terms?

There are several payment terms available – Cash Term, Bank Financing Term, Deferred Cash/Installment Term, and No Down Payment Term. Please contact us for more details as the availability of these payment terms also vary per project.

Yes, you may change or restructure your selected term, but this will also be subject to Management’s approval and we will be charging a minimal processing fee.

Yes, we accept payment in US dollars. The exchange rate shall be based on the date the payment is credited to the Developer’s account.

On or before the due date of the first (1st) monthly amortization, the Buyer is required to submit Postdated Checks for the remaining monthly amortizations (that is, until the end of the payment term).

The developer adheres to provisions as stipulated in Republic Act No. 6552 or the “Realty Installment Buyer Protection Act,” also known as the Maceda Law. This law states that when the Buyer has paid at least two (2) years of installments, the seller/developer shall refund 50% of the total payments made if there is a cancellation on the purchase. For payments less than two years, the provisions as stipulated in the Contract to Sell will prevail.

How much is the reservation fee?

Reservation fees vary per project from Php ____ to Php ______.

Requirements to officially reserve a unit or lot are as follows:

1. Full payment of the Reservation Fee

2. Photocopy of one (1) valid government-issued IDs of Principal Buyer/s and Spouse/s (if applicable). Valid government-issued IDs with photos and signatures:

  • Passport
  • Driver’s License
  • GSIS ID
  • SSS ID
  • Professional Regulatory Commission ID
  • Tax Identification Number ID card
  • Senior Citizen ID
  • Postal ID
  • Photocopy of TIN ID card or BIR validated 1904 form

3. Fully accomplished and signed Reservation Application

4. Fully accomplished Buyer’s Information Sheet. For purchase under a Corporation, the following additional documents are required:

  • Articles of Incorporation and By-Laws (photocopy)
  • Secretary’s Certificate indicating the name of authorized signatory (notarized)
  • BIR-validated 1903 or copy of Certificate of Registration
  • For the authorized signatory to submit items 2 and 3 above

The reservation is valid for thirty (30) calendar days from the settlement of reservation fee. Kindly submit all the required documents to finalize the unit booking.

No, the reservation fee is non-refundable and non-transferrable. As stated in the Reservation Application, the reservation fee will be forfeited in favor of the Developer if no succeeding payments are received.

Will I be allowed to inspect the Unit before the actual turnover?

Yes, the Hand Over Team will coordinate with the Buyer on the schedule of unit inspection.

Yes, the Buyer may assign a representative to accept the unit on his behalf thru a notarized Special Power of Attorney (SPA). The SPA is also required to bring a valid ID plus photocopy.

Yes, you may have your unit leased out.

Monthly Association Dues vary per project, depending on the operating expenses of the building. Association Dues are used to defray the cost of maintaining and operating the building’s common areas and facilities. These costs include administration/management fees, janitorial, security, taxes and licenses, insurances, real estate tax, maintenance of equipment water distribution, garbage collection, maintenance of sewage treatment plant, and other miscellaneous expenses.

The unit turnover will be scheduled when all the following conditions are met:

  • Full payment of the contract price (including penalties and interests, if applicable)
  • Complete submission of all the required sales documents (listed above)
  • Payment of related Advance Registration Charges (ARC).

No, this is not allowed. Buyers are encouraged to either avail of bank financing (with accredited banks) or in-house financing to pay the unit in its entirety.