| Desarrolladora Homex SAB de CV is a home development company engaged in the development, construction and sale of entry-level, middle-income and tourism housing in Mexico, as well as entry-level housing in Brazil. As of December 31, 2010, the Company had 140 developments under construction in 34 cities located in 21 Mexican states, and three developments under construction in Brazil. The Company's main subsidiaries are Proyectos Inmobiliarios de Culiacan SA de CV (PICSA), Administradora Picsa SA de CV, Altos Mandos de Negocios SA de CV, Aerohomex SA de CV and Desarolladora de Casas del Noroeste SA de CV (DECANO), among others. For the year ended December 31, 2010, 18% of the Company's revenues originated in Mexico City Metropolitan Area. |
