Mexico's $2.7 Billion Homebuilder Nightmare Fades as IPOs Surge

Updated on
  • Corpovael and Javer have sold shares since early December
  • The industry is showing signs of life after 2013 meltdown

Mexico’s homebuilding business is staging a comeback less than three years after the industry’s biggest companies saddled investors with losses from collapsing share prices and $2.7 billion in bond defaults.

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