Curated News
By: NewsRamp Editorial Staff
October 31, 2025
Vinte Acquires Derex, Expands Sustainable Housing Across Mexico
TLDR
- Vinte's acquisition of Derex provides geographic expansion into high-growth Mexican markets, strengthening its competitive position for nationwide housing leadership.
- Vinte acquired Derex to expand into northwestern Mexico markets, reporting 17.5% revenue growth and maintaining 2.78x net leverage while delivering 3,967 homes in Q3.
- Vinte's expansion and green-certified housing strategy provides affordable, energy-efficient homes to underserved regions, improving living conditions across Mexico.
- Vinte now leads Mexico's green housing with over 23,000 EDGE certified homes, reducing utility costs for homeowners while accessing cheaper ESG capital.
Impact - Why it Matters
This acquisition represents a significant development in Mexico's housing sector, directly impacting both investors and homebuyers. For investors, Vinte's strategic expansion into northwestern Mexico through the Derex acquisition opens access to high-growth markets while the company's strong financial performance and ESG leadership position it for sustained growth. The company's focus on EDGE certified homes not only reduces utility costs for homeowners but also provides Vinte with cheaper capital through green bond financing, creating a competitive advantage. For Mexican families, this expansion means increased access to affordable, energy-efficient housing in underserved regions, addressing the country's structural housing undersupply while promoting sustainable development. The company's diversified mortgage funding sources through platforms like Infonavit and Unamos Créditos ensure financing accessibility across different market segments, supporting broader homeownership opportunities amid rising household formation rates.
Summary
Vinte Viviendas Integrales (BMV: VINTE) has made a strategic acquisition of Derex, a leading developer of sustainable housing communities with a 26-year track record in northwestern Mexico. This landmark transaction enables Vinte to expand into high-growth markets including Tijuana, Hermosillo, Nogales, and Mexicali, significantly strengthening the company's geographic footprint and supporting its goal of nationwide housing leadership. Derex brings substantial operational experience with over 23,000 homes delivered and currently operates four active developments with an average home price of MXN 870,000, positioning Vinte to better serve underserved regions across Mexico.
The company's recent financial performance demonstrates robust growth, with Vinte reporting total revenue of MXN 4.12 billion in quarterly results, representing a 17.5% year-over-year increase on a pro forma basis that includes the Javer integration. The average selling price increased 15.5% to MXN 1.03 million, while EBITDA reached MXN 773.9 million with an 18.8% margin, up 22.3% year-over-year. Net income showed impressive growth of 28.3% year-over-year, supported by continued synergy capture from the Javer integration and positive operating cash generation of approximately MXN 207 million in the third quarter. Management highlighted the company's solid balance sheet with net leverage at 2.78x and expects ongoing integration and pricing discipline to support year-over-year pro forma improvements into the fourth quarter of 2025 and 2026.
Vinte continues to demonstrate leadership in environmental, social, and governance (ESG) strategy, maintaining its position as Mexico's leader in green-certified housing with over 23,112 EDGE certified homes, 25.2% of which are Edge Advanced certified. This represents significant growth from 20,723 EDGE certified homes at the end of 2024. The EDGE certification proves enhanced home efficiency, translating into lower utility bills for homeowners and providing Vinte with access to green bond financing. The company has issued eight labeled bonds totaling MXN 6.4 billion, creating a capital structure that underpins access to cheaper ESG capital. Management expects these metrics to improve further by year-end as the company certifies additional home batches, particularly noting the opportunity to certify homes from the recent Javer and Derex acquisitions, which historically did not certify their properties.
Source Statement
This curated news summary relied on content disributed by Reportable. Read the original source here, Vinte Acquires Derex, Expands Sustainable Housing Across Mexico
