GDC – Genesis Land Development Corp



Genesis Land Development Corp is Shariah compliant. The company’s financials pass three standards and fail in two.


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Analysts' Rating


1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

Genesis Land Development Corp. is a Canada-based integrated land developer and residential home builder. The Company is engaged in the acquisition, development and sale of land, residential lots and homes primarily in the greater Calgary area. It operates through two segments: land development and home building. Through its home building division, it acquires, plans, rezones, subdivides, services and sells residential lots and commercial and industrial lands to third party developers and builders, and sells lots and completed homes through a wholly owned subsidiary, Genesis Builders Group Inc. (GBG). It designs, builds and sells homes as a portion of its single-family lots and its townhouse land parcels. Its core projects include Logan Landing, Lewiston, Huxley (Belvedere) and OMNI ASP (in North Conrich). It owns approximately 354 acres of undeveloped land in Calgary’s southeast quadrant (Logan Landing).

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