Partnership Altar Partnership ALTAR was founded on 1977 with one of its subsidiaries and eleven years later, in 1988, it is constituted like a joint-stock company of variable capital. At the moment, the company is organized like a controladora society of its operative subsidiaries. In September of 1996, the company initiated its Mexican participation in stock-market of Values as well as its bond quotes ADR in New York, we at present had important partners shareholders not only in Mexico, but in North America and Europe. In very just a short time our action it was located like one of the best options of investment. At the moment it comprises of the Index of Prices and Cotizaciones (IPC) of stock-market Mexican of Values. Another one of the excellent aspects of our development is the continuous growth of our territorial reserve with acquisitions of counted in places strategically selected by its potential of urban growth. In this way, we counted on a reserve of 35,7 million squared meters, sufficient to construct 146.943 houses, with presence in 17 states of the Mexican Republic, between which they emphasize the cities of Monterrey, Guadalajara, Cancún, Tijuana, Puebla, Leon, and Toluca. Also, the followed policy allowed the company to importantly expand its cover in the North border strip, the south-east sank bank and the tourist one of the country. Partnership ALTAR counts on important experience within the construction of house of social interest, average, residential and residential type tourist, and continues positioned like a company leader, with an enviable financial strength, since it has been recognized by stock-market Mexican of Values, having constructed and sold more than 150.000 houses to date
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