Fibra Uno's deputy general director, Gonzalo Robina, said that since the real estate sector is a cyclical business, it is best to be prepared to face changes in the cycle, both economic and market.

Fibra Uno is the largest real estate trust in Mexico and Latin America, with 10.9 million square meters of profitable area in the industrial, commercial and office sectors.

During his participation in a forum, he explained that the way to be prepared or anticipate changing environments is to maintain prudent debt, with credit maturities at different terms and, fundamentally, at fixed rates.

Of interest: The industrial zone in Mexico City expands to the north

He stressed that after 12 years of stability; With more or less stable rates, a stable exchange rate, it was time for us to “see a crisis” like the one we are currently experiencing, not only in Mexico, but worldwide.

In the country, inflation in the first fortnight was 7.88% and interest rates have risen to 7.75 percent.

"If we are prepared, we can take the opportunities and take advantage of them because it is in these crises that opportunities present themselves," he emphasized.

Gonzalo Robina described the crisis due to the Covid-19 pandemic as "unique" because the 'switch' was lowered in the world, since the vast majority of activities practically stopped.

See also: With low vacancy rates, the creation of new industrial parks in the country is necessary

“We have had a crisis, that of ‘tequila’ in 1994-1995; the one from 2008-2009 was from abroad, there they got a cold and we got pneumonia. Somehow no one expected the world to stop because the whole world stopped in 2020, we had never experienced it. Even if you were a geographically diversified business, it was lowering the complete 'switch' in the world”, he added.

Therefore, he considered that there are doubts about when this change in the economic cycle will end and how deep it will be, since it is not clear if we are going through a crisis or a recession.

The deputy general director stressed that, given this scenario, the real estate industry is the most resilient, since inflation can be recovered through increased rents, due to the capital gains generated by assets, due to diversification and due to the location of real estate.

In Solili you can consult industrial warehouses available in Mexico City, Monterrey and Tijuana

Original note