Homex Sees Mexico Consolidation

Homex Sees Mexico Consolidation


The lingering effects of Mexico’s recession should create buying opportunities for the country’s largest homebuilders next year. “There will be lots of opportunity for consolidation,” Gerardo de Nicolas, Homex’s CEO, tells LatinFinance. It will be easier to take market share in 2010,” he addsMexican homebuilders are suffering the effects of a housing-related downturn in Mexico, and smaller operators in particular have become vulnerable. Among the better known players in the country are Geo, Jave

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