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October 04, 2019

Gotianuns, Mitsubishi to jointly develop new P15 billion Filinvest City complex

MANILA, Philippines — The Gotianun family is partnering with Mitsubishi Corp., a global business enterprise, for the development of a portion of Filinvest City in Alabang into a mixed-use property with an investment of P15 billion.

In a disclosure yesterday, Filinvest Development Corp., the conglomerate of the Gotianun Group, said its subsidiary Filinvest Alabang Inc. (FAI) is the proponent of the project.

Under the agreement, Mitsubishi...

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October 04, 2019

Filinvest unit signs JV deal with Japan’s Mitsubishi Corp.

FILINVEST Alabang Inc., a unit of Gotianun-led Filinvest Development Corp., on Thursday said it has signed a joint-venture agreement with Japan’s Mitsubishi Corp. to develop a parcel of land inside Filinvest City in Alabang.

The agreement paves the way for the acquisition by Mitsubishi of a 40-percent interest in Filinvest’s almost 17,000 square meters of land at the heart of Filinvest City in Alabang.

“…The parties...

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October 04, 2019

Filinvest, Mitsubishi to develop P15-billion project in Alabang

A UNIT of Filinvest Development Corp. (FDC) is partnering with Japanese firm Mitsubishi Corp. for the development of a P15-billion mixed-use project in Alabang.

In a statement issued Thursday, FDC said Mitsubishi will acquire a 40% stake in almost 17,000 square meters (sq.m.) of land held by its unit Filinvest Alabang, Inc. (FAI). The property is located in Filinvest City, the company’s 244-hectare mixed-use estate in Alabang.

Through...

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