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| Urbi to expand its presence in Mexico Mexico-based home developer Urbi Desarrollos Urbanos S.A.B. de C.V. strengthened its strategy of geographical expansion and diversification by increasing its national coverage to 35 municipalities and 20 states. During 2010, the company took advantage of its strong liquidity position to capture the opportunities available to them and incorporated housing projects in progress from small and medium size home-developers; which allowed the company to finish the year with 9 new Strategic Business Units (SBUs); exceeding by 1 its initial expectations. It is estimated that these SBUs will represent an annual average revenues of MX$300 – MX$350 million, and between 1,000 and 1,200 homes per year. write your comments about the article :: © 2011 Construction News :: home page |