Filinvest Alabang, Inc. (FAI) was incorporated on August 25, 1993 in connection with the joint development of Filinvest City in Alabang with the Government.
FAI is 80% owned by FDC and 20% owned by FLI. FAI focuses specifically on the development of mixed-use urban developments in Metro Manila, particularly the 244-hectare Filinvest City. FAI uses modern, ecological urban planning and design in its continued development of this mega-CBD.
Filinvest City is an integrated development that mixes office, retail, residential and leisure components in a complementary manner and provides for a balance of recurring rental income from office and retail rental and residential sales income. Filinvest City is being developed pursuant to a joint venture agreement between the Government and FAI. Under the joint venture agreement, FAI retains a 74% interest in the development.