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 2019, sales at Consorcio Ara S.A.B. de C.V. were 7.68 billion Mexican Pesos (US$362.50 million). This is a decrease of 6.5% versus 2018, when the company's sales were 8.21 billion Mexican Pesos. Contributing to the drop in overall sales was the 39.4% decline in Other, from 438.40 million Mexican Pesos to 265.57 million Mexican Pesos. There were also decreases in sales in Social Interest (down 18.9% to 2.94 billion Mexican Pesos) and Residential (down 1.8% to 2.05 billion Mexican Pesos) . However, these declines were partially offset by the increase in sales of Medium (up 17.4% to 2.43 billion Mexican Pesos) .