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- Profile
Vision
To be the leading company in the country's economic ventures market, delivering the best return to its shareholders.
Mission
To fulfill the dream of home ownership for our clients.
Corporate Profile
With over 50 years of history, Tenda is one of the leading construction and real estate development companies in the country. We democratize access to homeownership, contributing to the social mobility development of thousands of Brazilians.
Operating in 9 metropolitan regions, our business model is anchored in an industrial approach, and we are significant partners of the "Minha Casa Minha Vida" (MCMV) program.
In the first 6 months of the year, with the position 2Q24, Tenda achieved a Gross Sales Value (VGV) concentration of approximately 43% in families belonging to Income Range 1, with a gross monthly family income of up to two minimum wages (R$ 2,640). The chart below illustrates Tenda's scenario divided into MCMV ranges:
Focused on “Minha Casa Minha Vida” Ranges 1 and 2,
with 83% of the 2Q24 VGV generated by properties in ranges 1 and 2 of the program.
We believe that everyone deserves to have their place in the world. This is the belief that drives us to challenge the impossible every day. It is the purpose that inspires us and propels us to take the next step, doing extraordinary work that has already helped more than 150,000 families achieve their homes.
We are made of dreams and the courage to make a difference. Of persistence to go further. Of simplicity to never forget why we are here. Of pride and laughter to celebrate our achievements. We want to continue proving that a team driven by a single belief builds the unimaginable.
We believe that industrialization is the most powerful driving force for transformative potential in the construction industry. We aim to be the leaders of this transformation in Brazil.
Regions of Operation
Tenda is one of the largest real estate developers in Brazil, leveraging its expertise in the sector and strategically positioning itself in nine metropolitan regions across the country to navigate the low-income housing segment.
Regions of Operation - VGV by Region % 2Q24
The "Minha Casa Minha Vida" Program
The "Minha Casa, Minha Vida" Program is a housing initiative of the federal government of Brazil, established in 2009. The program provides subsidies and reduced interest rates to make the acquisition of affordable housing more accessible, both in urban and rural areas, with the aim of addressing the housing deficit in the country.
In 2023, with the start of the new government, the program underwent a series of improvements to ensure decent housing for the population in greatest need. Additionally, the new program introduced a range of enhancements, as outlined below: