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Last updated on June 4, 2012 at 22:38 EDT

News - Urbi

2011-05-03 06:00:00

MEXICALI, Mexico, May 3, 2011 /PRNewswire/ -- Urbi Desarrollos Urbanos, SAB de CV, announced its 1Q11 earnings results in line with its strategy of profitable growth with cash flow generation. The company reported in 1Q11: Revenues of MX$2,832.8 million, 17.1% growth versus 1Q10.

2011-03-01 06:00:00

MEXICALI, Mexico, March 1, 2011 /PRNewswire/ -- Urbi Desarrollos Urbanos, S.A.B. de C.V.

2010-07-06 10:22:00

LONDON, July 6 /PRNewswire-FirstCall/ -- The Aureos Latin American Fund (ALAF)(1), one of the funds managed by Aureos Capital, has agreed to launch an innovative investment scheme with URBI, one of the leading home-developers in Mexico, to promote and finance low-income housing in Mexico. Aureos Capital is a leading private equity fund management company specialising in investing in small to medium-sized businesses in emerging markets. The scheme will provide low-income housing through both traditional mortgages and the Alternativa URBI program.

2010-06-17 20:15:00

REYNOSA, Tamaulipas, June 17 /PRNewswire-FirstCall/ -- Urbi, the leading housing developer in Mexico, announced the expansion of its operations in the State of Tamaulipas as part of its 2010 geographical expansion plan with a project to build more than 5,600 homes within the next five years, generating more than 25 thousand direct jobs in the region. Reynosa ranks as the most productive county, and one of the most competitive medium-sized cities in the country based on the number of insured individuals and its economic activity; this is evident in the constant attraction of foreign investment, such as the upcoming opening of the international retailer Walmart in the city, with an investment of more than 100 million pesos. "Throughout 2010, our state has had increasingly dynamic economics, in part due to the infrastructure of its 14 industrial parks in the area, which make it the fourth state in the country with the greatest direct foreign investment.

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