Japanese and Filipino Real Estate Companies Partner for Quality Housing Projects
Two companies who share the same passion for building quality housing projects have come together via a partnership agreement signing held last July at the Diamond Residences Makati.
Both companies–Malate Construction and Development Corporation (MCDC) based in Metro Manila and Kyushu Yaesu based in Fukuoka, Japan–formalized the partnership vowing to build more projects and rely on each other’s strengths to create landmark housing communities that will benefit more Filipinos.
Malate Construction and Development Corporation (MCDC) and Kyushu Yaesu formalized their joint venture agreement to build more economic housing projects. At the agreement signing were Giovanni J. Olivares (3rd from right), President and CEO of MCDC and Hisao Nakashima (3rd from left), Executive Vice President of Kyushu Yaesu. It was also witnessed by Hideki Tanifuji (leftmost), AMAL’s Founder and CEO together with executives from MCDC and Kyushu Yaesu.
The partnership between MCDC and Kyushu Yaesu is very timely and fruitful as both will now start with a 1,700-home project located in Candelaria, Quezon province.
“We are very happy with our partnership with Kyushu Yaesu since it is built on trust,” President and CEO of MCDC Giovanni J. Olivares said. “We hope that our relationship will be very harmonious, just like ‘Reiwa’ or beautiful harmony, which characterizes the era of the new Japanese Emperor.”
Malate Construction and Development Corporation (MCDC) and Kyushu Yaesu formalized their joint venture agreement to build more economic housing projects. The agreement was signed by Giovanni J. Olivares (3rd from right), President and CEO of MCDC and Hisao Nakashima (3rd from left), Executive Vice President of Kyushu Yaesu. It was also witnessed by Hideki Tanifuji (leftmost), AMAL’s Founder and CEO together with executives from MCDC and Kyushu Yaesu.
On the part of Kyushu Yaesu, the partnership is very appropriate as the Japanese company’s expertise is also on the economic housing side.
“We felt that our partnership with MCDC is perfect. In Japan, we are known for our quality homes sold at affordable prices for more than 40 years and this is also the same with MCDC which has a solid track record for 30 years,” Executive Vice President of Kyushu Yaesu Hisao Nakashima said.
This perfect partnership would not have happened if not for the due diligence and foresight of Asian Mergers & Acquisitions Link (AMAL). Founded and led by its CEO Hideki Tanifuji, AMAL is one of the top rising Mergers & Acquisitions (M&A) companies in the country today. Launched in 2015, it has steadily grown its profile–from expanding its portfolio to having the most number of employees.
“We are connecting two companies from different countries. We provided advisory services and assistance throughout the entire process. After assessment and evaluation of Kyushu Yaesu’s needs, we matched them with a Filipino company that has similar corporate goals and objectives,” Mr. Tanifuji said. “We extended all our efforts and resources so our clients are assured that they will receive dedicated service from AMAL.”
Hideki Tanifuji, AMAL’s Founder and CEO, speaks during the signing of the joint venture agreement of MCDC and Kyushu Yaesu.
When Kyushu Yaesu approached AMAL, Tanifuji’s team of young Filipino professionals buckled down to work. They listed down clients, introduced them to M&A, did negotiations and evaluations down to assisting the company in coming up with the necessary contracts, papers, and permits. From this, MCDC turned out to be the perfect match for Kyushu Yaesu.
“AMAL was very professional. It was a key adviser in making this partnership push through. I don’t think we can find an ideal partner for our expansion without AMAL,” Mr. Olivares revealed. “They were very helpful in filling the gap between the two cultures. Because of this, we were able to earn the trust and confidence of Kyushu Yaesu.”
This statement was also agreed upon by Kyushu Yaesu. “AMAL made sure that the entire process is smooth. Even though there are differences between Japanese and Filipino cultures, we did not feel it at all as AMAL made sure that proper arrangements and cultural sensitivities were observed,” Mr. Nakashima said.
Aside from the Candelaria project that will provide quality, affordable homes for more than a thousand families, both companies are looking at various provinces to build their next projects such as townhouses and villages.
“AMAL envisions that this project will not only show a successful partnership but also will help enhance the quality and expose our local industry to the best technological practices of Japanese real estate companies,” Mr. Tanifuji said. “At the same time, we want to also show foreign companies that the Philippine economy–specifically the real estate industry–is booming and it is a good time to invest or partner with a local company.”
At this stage, AMAL has exhibited tremendous growth. Aside from its main office in Bonifacio Technology Center, it has expanded its operations in Cebu. It has also recently launched subsidiaries in Thailand, Malaysia, and Japan to cater to the booming Asian market.
AMAL has already closed more than a dozen deals in industries such as real estate, IT, BPO, manufacturing, etc. linking Japanese companies to local partners who are in need of additional capital or added expertise to expand their businesses.
“Though we are still a young company, we are continuously growing in operations. In fact, we are now the biggest in the industry in terms of manpower as we have 100 employees composed of the management team, HR, IT staff, accountants, marketing analysts, consultants, and foreign language (Japanese, Mandarin) speakers/ translators,” Mr. Tanifuji said.
For companies that aim to expand and would need investment partners, visit Asian Mergers and Acquisition Links main headquarters at Unit 8, 3rd Floor, Bonifacio Technology Center, 31st Street corner 2nd Avenue, Crescent Park West, BGC, Taguig City. Call 0917-812-7145 for more information or visit asian-ma.com.
This is a press release. Minor edits were made prior to publishing.
Images courtesy of Asian Mergers & Acquisitions Link
