GCDI SA
10.90
ARS
-0.40
(-3.54%)
ISIN
ARTGLT010015
Return %
Stock
S&P 500
1Y
-20.73
14.20
3Y
-30.35
81.12
5Y
- -
68.34
Capital Structure
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ARS
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in mil. unless spec.Growth Rates
ARS
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in mil. unless spec.Quarterly Revenue
ARS
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in mil. unless spec.Quarterly Earnings Per Share
ARS
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ARS
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in mil. unless spec.Company Description
- Sector
- Finance
- Industry
- Real estate development
- Address
- Buenos Aires Argentina
- IPO Date
- Oct 29, 2010
- Website
- gcdi.com.ar
- Similar Companies
- Business
- GCDI S.A., formerly known as TGLT S.A., is an Argentina-based construction, engineering, and real estate development company. Founded in 2005 and headquartered in Buenos Aires, Argentina, the company operates primarily in the Argentine and Uruguayan markets, delivering comprehensive construction and property solutions across the commercial, residential, industrial, and public infrastructure sectors. GCDI S.A. operates through integrated business segments offering a comprehensive range of services and products, including general contracting, civil construction, and heavy infrastructure works; architectural, structural, and electro-mechanical engineering design; project management, procurement, site supervision, and turnkey delivery; commercial and corporate building construction, such as high-rise office towers, hotel facilities, and shopping centers; industrial and logistics facility engineering, including manufacturing plants and warehousing complexes; public and institutional works, such as sports stadiums, cultural centers, and airport passenger terminals; luxury and middle-to-high-income residential property development, marketing, and sales under proprietary brand lines such as Forum and Astor; historic building renovation, retrofit, and urban revitalization; and specialized support operations, including urban hygiene and waste management services. In recent developments, the company underwent a strategic rebranding from TGLT S.A. to GCDI S.A. (Grupo de Construcción, Diseño e Ingeniería) to reflect its strategic transformation and operational pivot from pure residential development toward third-party civil construction and engineering services, leveraging the capabilities acquired through its earlier merger with Caputo S.A.I.C.F. In major corporate ownership and governance changes, investor Marcelo Fígoli via MFX Holding acquired a 42.5% equity stake in the company from PointState Capital, followed by the appointment of new executive management to lead its operational restructuring. Additionally, following technical default on local bond interest obligations, GCDI S.A. filed for and opened a court-supervised preventive creditor reorganization process (concurso preventivo) in Buenos Aires to restructure its debt obligations while maintaining continuity across its active construction portfolio, which includes landmark initiatives such as the Puerto Madero Ferris Wheel and the Plaza Hotel restoration.