GT Capital acquires 20% stake in FNG for P9.16B

MANILA, Philippines — GT Capital Holdings Inc. has acquired a 20-percent stake in a property venture for P9.16 billion, expanding its real estate footprint.  READ: Metrobank, Toyota boost GT Capital’s 2025 profit The conglomerate said on Tuesday it bought the shares from Federal Land Inc. in Federal Land NRE Global Inc. The transaction gives the holding firm a direct stake in the joint venture, strengthening its position in property development initiatives.  READ: Federal Land: Reimagining Cebu’s Skyline with a New Tower The company said the move would help align its land bank development plans, particularly for the Riverpark project. INQ... Keep on reading: GT Capital acquires 20% stake in FNG for P9.16B

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