Cebu Landmasters Expands Partnership with Japanese Property Group NTT UD

Cebu Landmasters Expands Partnership with Japanese Property Group NTT UD for NCR Development.

Cebu Landmasters, Inc. (CLI) and NTT UD Asia Pte. Ltd. (NTTUDA) have entered into a partnership agreement to develop a project in Luzon through CLI Luzon Ventures Inc. The joint venture will develop a multi-tower Japanese-inspired residential and retail mixed-use condominium development to be located within the National Capital Region (NCR). The follow-up partnership builds on CLI’s first international joint venture with the NTT Urban Development Corporation (NTTUD) Group and marks the group’s continued expansion in the Philippines, following its Japanese-inspired development in Cebu in 2024.

Cebu Landmasters, Inc. (CLI) chairman and CEO Jose Soberano III and NTTUD president and CEO Kou Ikeda met at CLI headquarters, Park Centrale, in Cebu IT Park, to highlight the expanding partnership between CLI and the NTTUD Group. Building on the success of their 2024 Cebu collaboration with The Wave Towers in Cebu IT Park, the companies, through CLI Luzon Ventures Inc., are advancing a second Philippine project, a major residential and retail mixed-use development along a key thoroughfare in Pasig City, bringing CLI’s execution strength and market expertise into the NCR.

Leading VisMin developer Cebu Landmasters, Inc. (CLI) is expanding its partnership with NTT UD Asia Pte. Ltd. (NTTUDA), a subsidiary of Japan-based NTT Urban Development Corporation, through CLI Luzon Ventures Inc., for a major residential and retail mixed-use development along a major thoroughfare in Pasig City. The collaboration brings CLI’s proven execution and market expertise to the NCR while reinforcing its leadership in the Visayas and Mindanao.

Following their successful 2024 Cebu venture with The Wave Towers in Cebu IT Park, CLI and NTTUD Group decisively pursue a second Philippine collaboration, underscoring their unwavering confidence in execution, vision, and sustained growth.

The NCR project is scheduled to launch its first phase by late 2026, ultimately delivering a multi-phase, eight-tower Japanese-inspired residential and retail mixed-use condominium, featuring efficient space utilization, sustainable design, and curated amenities and community spaces that maximize livability and deliver lasting value.

“This partnership with NTT UD Asia marks a pivotal milestone in Cebu Landmasters’ rise as a national leader,” said CLI chairman and CEO Jose Soberano III. “After our first successful collaboration in Cebu, this Luzon project affirms the deep trust between our organizations and our joint dedication to quality, discipline, and enduring value. Through CLI Luzon Ventures, we assert our execution strengths, merging Japanese-inspired design standards with our proven capabilities in the fiercely competitive NCR marketplace.”

NTTUD President and CEO Kou Ikeda echoed this confidence. “We have been deeply moved by CLI’s extensive experience, their genuine care for their customers, employees, and partners, as well as their appreciation for Japanese culture through our first project in Cebu. We are very excited to take on a new challenge together in a new area through this project. Leveraging the expertise we have cultivated in Japan and overseas, NTTUD will continue to bring fresh perspectives and work together with CLI to create developments that are closely connected to the lives of local communities.”

NTTUD is an international real estate developer headquartered in Japan and is a subsidiary of NTT, Inc., one of Japan’s largest conglomerates. With a robust global portfolio spanning residential, office, and mixed-use developments, NTTUD aggressively pursues strategic expansion overseas. Its alliance with CLI marks its second joint venture in the Philippines, demonstrating unwavering confidence in the country’s urban growth and residential demand.

Building on its established track record, CLI, founded in 2003, has delivered over 132 projects across 18 cities, spanning residential, office, hotel, mixed-use, and township properties. The partnership with NTTUD decisively extends CLI’s geographic reach, maximizing its execution strengths. CLI is committed to delivering elevated real estate experiences that uplift lives and drive nation-building, cementing its reputation as a trusted, forward-looking developer.