| Desarrolladora Homex, S.A.B. de C.V. (Homex) is a vertically integrated home development company engaged in the development, construction and sale of entry level, middle-income and upper-income housing in Mexico. During the year ended December 31, 2006, Homex sold 44,132 homes. As of December 31, 2006, it had 67 developments under construction in 28 cities located in 18 Mexican states. It had total land reserves under title of approximately 53 million square meters as of December 31, 2006. Homex operates in markets throughout Mexico, from Tijuana in the north to Tapachula in the south, which represent 18 states and 28 cities as of December 31, 2006. In 2006, 30% of the Company's revenues originated in the Mexico City Metropolitan Area,, and 18% in Guadalajara. The remaining revenues were originated in 26 cities. |
