CADU was congratulated by the Centro Mexicano para la Filantropía, A.C., (Mexican Center for Philanthropy CS) and the Alianza por la Responsabilidad Social Empresarial por México (Alliance for Corporate Social Responsibility for Mexico), for having obtained the ESR® Distinction for large companies, as a result of its open and voluntary commitment to implement a socially responsible management, based on a vision of continuous improvement expressed to its stakeholders.

The Green Finance Advisory Council awarded the CADU20V Green Bond, issued in December 2020, with the 2020, the award for the first green bond of a residential developer placed in the local market, as part of the Green, Social and Sustainable Bonds Awards 2020-2021.

CADU reached its 20th year perfoming in the housing sector, during which it has designed, urbanized, built, promoted and sold more than 100 thousand homes throughout 6 states in Mexico. In its path, CADU has also become the developer that has sold the most homes under the ECOCASA program of the Sociedad Hipotecaria Federal (Federal Mortgage Society).

CADU conducted its first Green Bond issuance, for MXN 502 million, under the ticker symbol “CADU20V”, with a 7-year maturity and a fixed interest rate of 9.13%, becoming the first Green Bond in the Latin American housing sector certified under the Low Carbon Building criteria by the Climate Bond Initiative (CBI). The proceeds will be used to refinance projects under the ECOCASA program.

CADU asseses its Green Invesment Framework by means of a second Sustainalytics opinion and achieves a CBI Green Certification under the Low Carbon Buildings Criteria.

CADU develops its Green Invesment Framework in order to issue Green Bonds.

CADU becomes a participant of the UN Global Compact.

CADU carried out the fifth placement of local notes (“CADU 19”) for an amount of MXN 500 million, unsecured and a 5-year term.

CADU carried out the fourth placement of local notes (“CADU 18”) for an amount of MXN 500 million, unsecured and a 5-year term.

CADU executed the kick-off of the first development of the Long Island residential complex: York Homes. With this opening, CADU reaffirms its leadership in Quintana Roo and moves towards a more solid sales mix, thus increasing the middle-income segment participation in homes sold revenue.

With its IPO's procedes, CADU plans to continue its growth plan focused on expanding its offering towards products with greater profitability and prices ranges.

CADU initiates the commercialization process of homes in Jalisco, Guanajuato and the State of Mexico.

CADU completes its first placement of local notes (“CADU 12”) for MXN 300 million, with a 48% guarantee from Nacional Financiera (the Mexican state-owned development bank, known as NAFIN by its Spanish acronym), and obtaining a credit rating of “A+” by Fitch Ratings.

CADU becomes the leading player in the development of Affordable-Entry homes in the state of Quintana Roo.

Corpovael, S.A. de C.V. (CADU) is established as a holding company of all its subsidiaries to consolidate their Operations.

The institutionalization process of the Company starts.

Start of operations in Quintana Roo with the “Villas Otoch I” development.

Start operations in Jalisco with the “Villas de Hacienda” development.

CADU builds and initiates the commercialization process of its first developments, “Santa Isabel” and “Bajio de las Palmas”, in Aguascalientes.