Tegra Incorporadora Explained

Tegra Incorporadora
Key People:Nicholas Vincent Reade, (Chairman)
Ubirajara Freitas, (CEO)
Industry:Real estate and Construction
Products:House-building, Offices
Revenue: US$ 1.5 billion (2012)[1]
Net Income: - US$ 189.3 million (2012)[2]
Num Employees:6,001 [3]
Parent:Brookfield Asset Management
Homepage:https://www.tegraincorporadora.com.br/sp
Foundation:2008
Location:Rio de Janeiro, Brazil

Tegra Incorporadora is the fifth largest Brazilian homebuilder and real estate company,[4] it is a subsidiary of Canadian Brookfield Asset Management. It was founded in 2008, through the merges of 3 Brazilian homebuilder companies being, Brascan, Company and MB Engenharia.[5]

The company operates in the economic, mid-low, middle, mid-high and high-end segments of the residential development business, and in the commercial segment in eight Brazilian metropolitan areas, being São Paulo, Rio de Janeiro, Brasília, Goiânia, Campo Grande, Cuiabá, Curitiba and Campinas.[6]

Brookfield Incorporações main competitors are Cyrela Brazil Realty, PDG, MRV Engenharia, Gafisa and Rossi Residencial which together form the top six of largest homebuilder companies in Brazil, but competes with smaller companies such as Even, CCDI, Eztec and others.

Notes and References

  1. https://archive.today/20130820234952/http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=BISA3:BZ Brookfield 2012 fy revenues; R$3.2 billion / US$ 1.5 billion, R$1.00 = US$ 0.48 - Businessweek
  2. https://archive.today/20130820234952/http://investing.businessweek.com/research/stocks/financials/financials.asp?ticker=BISA3:BZ Brookfield 2012 fy net income; - R$388.0 million / - US$ 189.3 million, R$1.00 = US$ 0.48 - Businessweek
  3. http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C0765DC00 Brookfield total employees - Corporate Information
  4. https://www.bloomberg.com/news/2013-04-16/real-estate-fund-alternatives-stealing-spotlight.html Real Estate Fund Alternatives Stealing Spotlight - Bloomberg,Apr 16, 2013
  5. http://www.tresgrandesmarcas.com.br/ing/um-azul-2.swf Three great real estate brands combine forces - tresgrandesmarcas.com.br
  6. https://www.bloomberg.com/quote/BISA3:BZ Brookifield Incoporações Quote and Profile - Bloomberg