Consorcio Ara SAB de CV is a Mexico-based company engaged in the real estate sector. The Company's main activities include the design, construction, promotion, leasing and sale of residential properties. Its housing portfolio is divided into four business lines: Progressive, Social Interest, Medium and Residential. The Company is also involved in the development, management and leasing of supermarkets and shopping centers located in the State of Mexico, Baja California and Veracruz. The Company operates through a number of subsidiaries, such as Consorcio de Ingenieria Integral SA de CV, Proyectos Urbanos Ecologicos SA de CV, Constructora y Urbanizadora Ara SA de CV, Asesoria Tecnica y Administrativa Gavi SA de CV, Promotora y Desarrolladora de Centros Comerciales SA de CV, Desarrollos Inmobiliarios Turisticos Ara SA de CV and Inmobiliaria el Globo SA de CV.

Sales Analysis. During the year ended December of 2018, sales at Consorcio Ara S.A.B. de C.V. were 8.21 billion Mexican Pesos (US$430.53 million). This is a decrease of 1.7% versus 2017, when the company's sales were 8.35 billion Mexican Pesos. Contributing to the drop in overall sales was the 28.9% decline in Residential, from 2.93 billion Mexican Pesos to 2.08 billion Mexican Pesos. There were also decreases in sales in Medium (down 13.5% to 2.07 billion Mexican Pesos) . However, these declines were partially offset by the increase in sales of Social Interest (up 28.7% to 3.62 billion Mexican Pesos) and Other (up 108.5% to 438.40 million Mexican Pesos) .