Fibra MTY completes portfolio purchase process in Queretaro
Inmobiliare | June 04, 2024 |

Fibra Mty, a real estate investment trust, announced the completion of the purchase - sale process of an industrial portfolio in the state of Querétaro for 83.3 million dollars (mdd), plus the value added tax corresponding to construction and other taxes. and acquisition costs.

The acquired portfolio is made up of six class A industrial warehouses, with a gross leasable area (APR) of approximately 253,611 square meters, according to the trust.

Of interest: Industrial Report May 2024: Industrial leasing reaches 918 thousand m² in April-May 2024

It was also reported that 52.2 million dollars of the total agreement have been settled, while the rest will be paid when the selling party concludes certain administrative procedures.

The trust stressed that the new spaces are located within the Aerotech industrial park and offer great benefits such as; The location close to the Querétaro international airport, the connection to the main highways of the country, and the proximity to important companies in the railway sector.

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It is estimated that net operating income for the next 12 months will be around $9.7 million, which includes core and shell net operating income and amortization income. 

In Solili you can check warehouses available in: San Luis Potosi, QuerétaroCiudad Juárez. 

Original Note.

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