History
1981 – Cyrela Construtora and Seller (own sales team) are created.
1994 – Brazil Realty, a joint venture with Argentine company IRSA, is founded.
1996 – Brazil Realty’s IPO.
2000 – Beginning of the partnership of Cyrela with RJZ Engenharia, in Rio de Janeiro.
2002 – Acquisition of IRSA’s interest in Brazil Realty.
2004 – Cyrela’s subsidiaries are grouped under Cyrela Vancouver.
2005
May – Merger of Cyrela Vancouver into Brazil Realty and change of the company’s name to Cyrela Brazil Realty S.A. Empreendimentos e Participações (CBR).
September – Cyrela’s IPO being traded on BMF&Bovespa’s Novo Mercado.
2006
Beginning of the geographic expansion with eight partnerships, in seven Brazilian states.
January – Agra Empreendimentos joint venture is established.
February – Mac Empreendimentos joint venture is established.
April - Goldsztein Cyrela joint venture is established to operate in Rio Grande do Sul, Santa Catarina and Paraná. Plano & Plano Participações joint venture is established. Merger of RJZ Participações into Cyrela.
July - Cyrela’s follow-on share offering.
December – First project launch of Living, the brand focused on the economic and super economic
segment.
2007
January – SK Realty Empreendimentos joint Venure is estabilished.
April – Cyrela’s first debenture issue, in the amount of R$500.0 million, maturing in seven years from the issue date, with annual amortization in three equal and successive installments, from April 1, 2012 to April 1, 2014.
April – Lucio Brazil partnership is formed.
July - Concima Participações, Cury Construtora and Cytec+ joint ventures are established.
August – Cyrela Commercial Properties (CCP) is created, deriving from the spin-off of the operations involving corporate real estate, logistics hubs and shopping malls development and administration. CCP’s shares started being traded on Bovespa’s Novo Mercado on August 9.
December – Joint venture established with Lider for operations in Minas Gerais and Distrito Federal.
2008
January – Second public debenture issue in the amount of R$499.5 million in two series maturing in 10 years, with rate rollover in two and three years.
2009
Living becomes a fully independent company, with its own headquarters and focused on the economic and super economic segments
June – Merger of Goldsztein Participações into Cyrela.
September – Cyrela’s 3rd issue of simple debentures in the amount of R$ 350,000,000.00 (three hundred and fifty million Reais)
October – Cyrela’s 3rd public share offer (Follow-on)
2010
September – Cyrela’s 4rd issue of simples debentures in the amount of R$ 300,000,000.00 (three hundred million Reais).
