By Alexandria Grace C. Magno, Reporter
PROPERTY DEVELOPER Federal Land, Inc. said its operations remain regular despite war within the Middle East, while preparing contingency measures to cushion potential risks to demand and costs.
“It’s too early to gauge the impact of the Middle East war on our operations,” Federal Land President Jose Mari H. Banzon told BusinessWorld in a Viber message. “Our industrial leasing and residential sales volume remain regular.”
“Nevertheless, now we have already prepared contingency plans to handle the anticipated business slowdown and better operating and construction costs,” he added.
Mr. Banzon said the corporate might defer some industrial and residential project launches and adjust operating and capital expenditures to preserve money.
He said the corporate stays in a “wait-and-see mode,” noting that the rollout of projects scheduled this 12 months is determined by how the situation within the Middle East develops.
Federal Land’s net income fell 30% to P522.3 million in 2025 from a 12 months earlier. Through the 12 months, it accomplished and turned over five towers positioned in Manila, Pasig, Marikina, Pasay, and Taguig.
The corporate plans to expand two residential developments in Laguna and Cavite, citing sustained demand for horizontal projects outside Metro Manila.
Mr. Banzon said the planned developments in Biñan, Laguna and General Trias, Cavite are succeeding phases of existing projects, with launches targeted for the second half following regular sales.
Federal Land is about to expand Hartwood Village in Biñan by an extra 21 hectares.
The project features amenities similar to a parking area, multi-purpose court, gym, swimming pools, pet park, garden and clubhouse. Its first phase covers 11 hectares with 110 lots, while the second phase will offer 55 lots.
The corporate can also be preparing the second phase of its Japanese-inspired Yume at Riverpark in General Trias, which is being developed by unit Federal Land NRE Global, Inc.
Federal Land NRE Global, Inc., a three way partnership with Nomura Real Estate Development Co., Ltd., sold out the first-phase industrial plenty of Riverpark North last 12 months.
Federal Land has residential developments across Metro Manila and operates industrial and hotel projects in Makati, Taguig and Pasay.