FDC and its predecessors have been in the property business for more than 50 years and have developed over 200 projects and 3,000 hectares of land. Even as FDC strengthens its position in its core real estate trading business, it continues to evolve, searching for opportunities to maximize the use of its land bank of more than 2,000 hectares. For this reason, the property business now includes not only the real estate trading business but recurring rental operations and hospitality business which now account for 16% of its net income from the property segment.