CADU has been awarded for the second consecutive year with the ESR® 2023 distinction for Large companies, awarded 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), in recognition of its commitment evidenced in Environmental, Social and Corporate Governance aspects.
2023CADU obtained the EDGE Advanced certification, "Excellence In Design For Greater Efficiencies", awarded by the International Finance Corporation (IFC), a member of the World Bank, for the first 798 homes of its "El Edén" development in Playa del Carmen.
2022CADU 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.
2022The 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.
2021CADU 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).
2021CADU was internationally awarded with the Environmental Finance's Green Bond 2020 award.
2021CADU obtained the Prime Certification granted by Bancomext, NAFIN, BMV, BIVA and AMIB. This certification encourages the institutionalization of Mexican companies.
2020CADU 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.
2020CADU asseses its Green Invesment Framework by means of a second Sustainalytics opinion and achieves a CBI Green Certification under the Low Carbon Buildings Criteria.
2020CADU develops its Green Invesment Framework in order to issue Green Bonds.
2020CADU becomes a participant of the UN Global Compact.
2020CADU carried out the fifth placement of local notes (“CADU 19”) for an amount of MXN 500 million, unsecured and a 5-year term.
2019CADU carried out the fourth placement of local notes (“CADU 18”) for an amount of MXN 500 million, unsecured and a 5-year term.
2018CADU started Allure, a residential complex in the Caribbean Sea, surrounded by natural beauties, providing security and over-the-top amenities.
2017CADU 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.
2017Middle-income of home sales in Cancun and Mexico Valley recorded an average price of MXN 1.8 million.
2016With its IPO's procedes, CADU plans to continue its growth plan focused on expanding its offering towards products with greater profitability and prices ranges.
2015CADU carried out an Initial Public Offering on the Bolsa Mexicana de Valores (Mexican Stock Exchange) under the ticker symbol “CADU”, marking the return of the housing sector to the Mexican capital market after ten years.
2015The third placement of unsecured local notes (“CADU 15”) was completed for MXN 400 million.
2015The second issuance of local notes was executed (“CADU 14”) for MXN 300 million, with a 50% guarantee from the Sociedad Hipotecaria Federal (Federal Mortgage Society), obtaining a credit rating of “A+” by Fitch Ratings.
2014CADU receives the Mejores Empresas Mexicanas award (Best Mexican Companies) granted by Banamex, Deloitte and the Tecnologico de Monterrey.
2014CADU initiates the commercialization process of homes in Jalisco, Guanajuato and the State of Mexico.
2013CADU ranked 8th among all Mexican home builders in mortgage credits originated by the Instituto del Fondo Nacional de la Vivienda para los Trabajadores (Mexican Federal Institute for Worker's Housing, known as INFONAVIT by its Spanish acronym).
2012CADU 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.
2012CADU's bylaws were reformed in order to adopt the Code of Best Corporate Practices, with the incorporation of independent board members.
2009CADU becomes the leading player in the development of Affordable-Entry homes in the state of Quintana Roo.
2008Corpovael, S.A. de C.V. (CADU) is established as a holding company of all its subsidiaries to consolidate their Operations.
2007The institutionalization process of the Company starts.
2006Start of operations in Quintana Roo with the “Villas Otoch I” development.
2004Start operations in Jalisco with the “Villas de Hacienda” development.
2003CADU builds and initiates the commercialization process of its first developments, “Santa Isabel” and “Bajio de las Palmas”, in Aguascalientes.
2002Inception of CADU Inmobiliaria S.A. de C.V. in Aguascalientes.
2001