Socovesa S.A.(SNSE:SOCOVESA) dropped from S&P Global BMI Index

Socovesa SA is a Chile-based company engaged in the real estate sector. The Company's activities are divided into two business segments: Real estate development, as well as Construction and engineering. The Real estate development division focuses on the land acquisition, as well as architectural design and planning, construction, promotion and sale of integrated residential projects. It also develops offices, commercial properties and industrial complexes. The Construction and engineering division provides civil works and industrial assembly to private and public customers. The Company operates through a number of subsidiaries, such as Inmobiliaria Socovesa Santiago SA, Constructora Socovesa Santiago SA, Almagro SA and Socovesa Desarrollos Comerciales SA.