Bloomberg - Urbi Desarrollos Urbanos, Mexico’s third largest homebuilder by sales, said 2011 revenue was 16.3 billion pesos ($1.276 billion) to 16.5 billion pesos, or 9 percent to 10 percent higher than the previous year.
Dow Jones - The Mexican subsidiary of Spanish financial group Banco Bilbao Vizcaya Argentaria said it extended 33,000 mortgages in 2011, and that it expects to grant another 70,000 worth 15 billion pesos ($1.14 billion) this year.
PRNewswire - Fibra Uno, Mexico's first real estate investment trust, announced that it agreed to acquire as many as 23 properties from MexFund in exchange for real estate trust certificates (Certificados Bursatiles Fiduciarios Inmobiliarios - CBFIs).
Dow Jones - Mexican industrial production rose 3.3 percent in October from the year-ago month, and fell by 0.54 percent from September in seasonally adjusted terms, with construction and manufacturing posting gains and mining edging lower.
Dow Jones - Mexican home construction company Desarrolladora Homex said Monday that it expects to report double-digit sales growth next year as it steps up housing construction in Brazil, and adds two prison construction projects in Mexico.
JagsReport - Property listings from the entire MLS for the Mexico National Association of Real Estate Professionals, AMPI (Asociación Mexicana de Profesionales Inmobiliarios) will now be shown by US Realtors on their own websites in English.
Bloomberg - Mexican homebuilders fell to their lowest levels in two years on concern delays in government subsidies will lead to inventory backlogs and cash shortages. The Habita index of six Mexican homebuilders dropped 5.5 percent to 264.28.
Reuters - Mexican homebuilder Corporacion GEO cut a 2011 forecast on Thursday to reflect a faster cash burn ahead of the launch of a government program expected to boost mortgage lending in 2012.
Dow Jones - Mexican home construction company Corporacion Geo said Wednesday its third-quarter net profit slipped from a year ago as the result of increased minority participation in its results, while sales and operating profits were higher.
Dow Jones = Mexican home construction company Desarrolladora Homex said Monday that its net profit fell in the third quarter from a year earlier as exchange losses offset gains in revenue and operating cash flow.