PDG S.A.

PDG Realty S.A. Empreendimentos e Participações
Sociedade Anônima
Traded as BM&F Bovespa: PDGR3
Industry Real estate & Construction
Founded 1979
Headquarters Rio de Janeiro, Brazil
Key people
Gilberto Sayão da Silva,(Chairman)
Jose Antonio Grabowsky, (CEO)
Products House-building
Revenue Increase US$ 2.2 billion (2013) [1]
Decrease - US$ 114.6 million (2013) [2]
Website www.pdg.com.br

PDG is the second largest real estate company in Brazil, after Cyrela Brazil Realty and has its focus on the popular segment. The company became listed in January 2007 in the corporate index Novo Mercado of BM&F Bovespa and in 2010 became part of the Ibovespa index, but it was removed from Ibovespa index because its stocks decreased about 50% in 2015. PDG Realty its based in Rio de Janeiro.

It was also the champion in customer complaints in 2013, 2014, and 2015.

The company's strategy aims at growth through investments in subsidiaries and direct investment in projects. Today the PDG have control of most of its consolidated capital, the noteworthy Goldfarb and CHL, companies 100% PDG. The company are present in 56 cities and 11 states within Brazil, and rely on projects in Argentina. Its real estate projects include residential projects for various class, from the economy segment (focus) to high-income, developing luxury condominiums and investments in ventures with a focus on generating income through leasing; develops residential lots; invests in commercial real estate projects; and commercializes residential and commercial properties. The company also involves in real estate brokerage and consulting business.

Currently the company is the second largest real estate and homebuilder company in Brazil by revenue Cyrela Brazil Realty.

References

  1. PDG'S 2010 revenues was of R$5.4/US$3.4 billion
  2. The net income og PDG was of R$ 875/US$523.8 Million in 2010 ended fiscal year
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