MRV Engenharia Participaçoes SA

MRV Engenharia Participaçoes SA

Sector: General Contractors-residential Buildings Other Than Single-family Region: Brazil

: | OTC Markets: MRVNY | Sao Paulo Stock Exchange: MRVE3

Similar to: AST Groupe

MRV Engenharia e Participaçoes SA is real estate developer and builder in the low-income residential development segment in Brazil. The company is engaged in the management of company-owned assets; development, construction and sale of company owned or third-party properties; provision of technical engineering services related to the functions of the technicians in charge, and holding of equity interests in other companies. Its operations involve the following stages: identification, evaluation and acquisition of land parcels; obtaining government licenses, permits and approvals; construction; sales and marketing, and providing financing and other services to its customers. The company develops and constructs standardized low-income residential developments, based on three product lines: Parque, Spazio and Village. Its lines offer green areas and landscaping; distinguished architectural designs, closed condominium-type layouts with security features and make optimal use of available land. The company operates through segments: Real Estate Development and Investment Property. The Real Estate Development segment is engaged in the development, construction, and sale of own and third party properties. The Investment Property segment is engaged in the construction and sublease, under operating leases of industrial sheds, stores, office space, shopping centers, and subdivision of industrial land. MRV Engenharia Participaçoes was founded on May 31, 2006 and is headquartered in Belo Horizonte, Brazil.

News & Analysis

You may also be interested in: