Viver Incorporadora e Construtora is a company that operates in all stages of real estate development. Thus, it acquires the land, develops the project, executes the construction, and sells the units.
The company has already delivered more than 25,000 units of developments, both of economic standard and of very high standard.
These developments were launched in 14 Brazilian states and the Federal District, totaling over R$ 8.7 billion in General Sales Value (VGV).
The developments of Viver Incorporadora e Construtora are aimed at the residential, commercial, tourism, and land development segments.
Viver Incorporadora e Construtora was founded in 1992 under the name Inpar. Initially, its operations were focused on the residential segment, where it developed projects ranging from economic standard to high standard.
It also developed projects in the commercial segment such as commercial offices, shopping centers, medical buildings, corporate slabs, built-to-suit, and mixed-use developments.
Over the years, the company developed a variety of projects and expanded its operations. In fact, since its inception, it has developed 20 hotel developments ranging from resorts to five-star hotels.
In the 1990s and 2000s, the company was one of the leaders in its market. In 2007, it went public and subsequently traded its shares on the Brazilian stock exchange. With the IPO, Viver Incorporadora e Construtora raised R$ 756 million.
With the funds raised from the IPO, the company strengthened its land bank, the development of incorporation activities, and the expansion of its operations in other regions of Brazil.
By 2008, Paladin Prime Residential Investors (Brazil) became the main shareholder of the company's controlling block.
In summary, Paladin Prime Residential Investors is a real estate fund managed by Paladin Partners, a private equity manager focused on investment in emerging countries.
In 2011, the company changed its name to Viver Incorporadora e Construtora and dropped the name Inpar S.A. In 2016, the company entered judicial recovery, having nearly R$ 1 billion in liabilities to be restructured.
During the judicial recovery period, the company did not launch new projects. Instead, it dealt with unfinished works and restructured the company. Finally, in August 2021, the company exited the judicial recovery process.
