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Casas GEO

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Casas GEO, S.A.B de C.V.
Company typeSociedad Anónima Bursátil de Capital Variable
BMVGEO
BMADXGEO
IndustryConstruction
Founded1990
HeadquartersMexico City, Mexico
Key people
Luis Orvañanos Lascurain, (Chairman & CEO)
RevenueDecrease US$ 1.4 billion (2012)[1]
Decrease US$ 80.8 million (2012)[2]
Number of employees
23,724
Websitewww.corporaciongeo.com
www.casasgeo.com.mx

Casas GEO (BMV: GEOB / BM: XGEO) was a leading housing developer in Mexico and one of the largest in Latin America. The company was engaged in all aspects of design, development, construction, marketing, sales and delivery of mainly low-income housing developments in Mexico. With operations in 52 cities across 16 states, GEO was one of the most geographically diversified homebuilders in Mexico.

Since its inception, the company had sold more than 510,000 homes which currently provide housing to 2 million persons. Geo's business model focused mainly in the affordable entry level and economic segments.

In 2005, GEO entered the European market through the Latibex index, being the first housing company in Mexico to achieve this.[3]

References

  1. ^ [1]
  2. ^ [2]
  3. ^ "Casas GEO". web.archive.org. 2010-09-19. Retrieved 2020-01-27.