FDC, directly and through its subsidiaries, is one of the leading property companies in the Philippines. Publicly-listed subsidiary Filinvest Land, Inc. (FLI) manages the office and retail rental business as well as the trading business. Filinvest Alabang, Inc. (FAI), where FDC has an 80% stake, manages the foremost CBD in southern Metro Manila, Filinvest City. Wholly-owned subsidiary Filinvest Hospitality Corporation (FHC) is where hotels are developed and brands are formed. These properties are managed by Chroma Hospitality, Inc. (CHI), a joint venture between FDC and an affiliate of Aston International.