History & Corporate Profile
CORPORATE PROFILE
Pacaembu was founded in 1991, and it is currently one of the largest companies specialized in the large-scale development and construction of standardized, detached one-floor houses in horizontal and open projects, located in planned neighborhoods with full infrastructure mainly in São Paulo state countryside.
In October 2020, we launched in the municipality of Trindade at Goiás state, our first project outside São Paulo state, starting our expansion in the Brazil´s midwest region.
In 2021, we started our expansion to Brazil´s south region, launching projects in the cities of Londrina, Ponta Grossa and Arapongas at Paraná state.
In 2022, we expanded our activities at Paraná state, launching projects in the cities of Cafelândia, Cianorte and Nova Aurora.
In September 2023, we launched our first project in the city of Cuiabá, capital of the state of Mato Grosso in the Central West region.
Thus, throughout its history until September 2023, Pacaembu launched and sold houses located in 53 cities, 44 in the state of São Paulo, 7 in Paraná, 1 in Goias and 1 in Mato Grosso, totaling more than 80 thousand residential properties sold.
The Landbank in September 2023 totaled more than 77 thousand units with estimated PSV R$12.5 billion.
The following map shows the location of our Landbank at the end of September 2023:
Pacaembu concentrates its efforts on the Minha Casa, Minha Vida federal government program, as it sees great opportunities for growth and low risk of default, due to the structure of the program and the mortgage concession model, whereby the units sold are financed through Caixa Econômica Federal upon sale (even in the case of units sold before construction starts) with funds of the Government Severance Indemnity Fund for Employees (“FGTS”), reducing the possibility of cancellation of sales.
Architectural projects involve planning, approval and construction of large planned residential neighborhoods with full infrastructure, including paved streets, water and sewage systems, street lighting and detached one-floor houses. These projects include areas intended for commercial use, as well as facilities designed to meet the needs of the local population demands, such as (i) schools, (ii) day care centers, (iii) health care centers, (iv) social welfare centers and (v) spaces for sport activities, making the product more attractive. The Company believes that these characteristics are an important differential for the market in which it operates, generating high demand for its products, increasing sales speed and enabling faster construction cycles.
1991
Embrás Construtora Ltda. (“Embrás”) was founded by Eduardo and Wilson de Almeida.
1994
Embrás signed with Caixa Econômica Federal the Jardim Lavínia project, in the city of Marília, an embryo of the future Crédito Associativo loan with funds from the Government Severance Indemnity Fund (FGTS). This was the beginning of the founders’ work in the low-income market with Caixa Econômica Federal in the Crédito Associativo loan and Housing Leasing Program (PAR – Programa de Arrendamento Residencial) modalities.
2008
The founders assumed control of Haus Construtora Ltda. (“Haus”), a company founded in 2004, thus expanding activities in the area.
2009
The Federal Government launched the “My House, My Life” (Minha Casa, Minha Vida – MCMV) program. In the same year, Haus joined the MCMV program with the following projects: Parque Residencial Nova Esperança, in the city of São José do Rio Preto, with 2,509 residential units; and Residencial Santa Maria, in the city of Botucatu, with 407 residential units.
2011
Haus embarked in a process of growth, upgrading and professionalization, with the creation of a new management model and the current structure of the Executive Board. In the same year, the Residencial Parque Nova Esperança project was delivered at an event attended by then President, Ms. Dilma Rousseff.
2012
The founders assumed control of the Company, a limited-liability company founded by Renato Dourival Lerner and Ricardo Abraao Pedro on April 5, 1993, that operated under the name “Pacaembu Construções e Empreendimentos Ltda.” until then, and consolidated the Pacaembu Group brand.
2013
The Company adopted a new strategy of working only in brackets 1.5 and 2 of the MCMV program, as it saw great opportunities for growth and low risk of default.
2014
Merger between Haus and Embrás, and publication of the first audited balance sheet.
2015
The Company (i) won the ITC Award, being placed 36th in the ranking of the Largest Brazilian Construction Companies, improving 11 places over the previous year; and (ii) came in second place in the “Real Estate Construction – Privately-Held Companies” category of the As Melhores da Dinheiro award by Isto É Dinheiro magazine.
2016
The Company created its Advisory Board and joined the Brazilian Association of Real Estate Developers (ABRAINC).
2017
First place in the “Real Estate Construction – Privately-Held Companies” category of the As Melhores da Dinheiro award by Isto É Dinheiro magazine.
2018
The Company underwent corporate restructuring, becoming a privately held corporation, and formally created its Board of Directors.
2019
Mr. Wilson Amaral took office as CEO and the founders became members of the Board of Directors.
2020
In 2020, the Company was classifield as the second place in volume of square meters built by the traditional ranking of 100 Largest Construction Companies in Brazil, carried out by Intec Brasil. In addition, the organization of the award recognized the first place in four distinct areas with Pacaembu being the winner in the construction built completed.
For the fifth consecutive year, Pacaembu won the Isto É Dinheiro magazine award in the Real Estate Construction category and seventh place in the ranking of the best construction companies in the real estate sector, in the ranking of the best by Exame magazine.
2021
In 2021, Pacaembu Construtora is present in 3 of the most traditional performance evaluation rankings of the real estate market. The company was among the eight best in the real estate sector in the yearbook “Melhores e Maiores”, published by Exame magazine. In the ranking “1.000 Biggest in Dinheiro”, published by Isto É Dinheiro magazine, the company is highlighted among the top three in the categories Human Resources and Financial Sustainability. In the 21st edition of the yearbook “Valor 1.000”, a ranking of the traditional newspaper Valor Econômico, the company stands out in the category Asset Turnover, appearing in first place.
2022
In February 2022, based on the 2021 data, it was announced the INTEC Ranking of the 100 Largest Construction Companies in Brazil, an annual award held by INTEC Brazil, which classifies, honors and awards the 100 Largest Construction Companies of the previous year. Pacaembu was classified as the 2nd Largest Construction Company in the country in square meters built.
In May we received for the fifth consecutive year the Great Place to Work label, valid until May 2023. The certification identifies organizations that have the best places to work around the world.
2023
In march 2023, based on the 2022 data, Pacaembu for the second consecutive year is the second largest construction company in Brazil according to the traditional ranking of the 100 largest construction companies in Brazil carried out by INTEC Brasil. Pacaembu was also highlighted in the categories “More construction delivered in 2022” and “More construction delivered for low-income housing”.