Fibra Next, the real estate investment trust created with the industrial warehouses of Fibra Uno, could debut on the Mexican Stock Exchange and in international markets after Thanksgiving, according to Bloomberg.

The nascent industrial trust will be the largest not only in Mexico, but in Latin America, since it will be created with a portfolio of industrial warehouses of more than 197 properties, with a total of 7.2 million square meters of Gross Rentable Area (GLA). total.

Check here: Guadalajara's industrial vacancy rate exceeds 2% during October 2023

This will be the beginning of Nearshoring Expert and Technologies, or Fibra Next, which after its placement on the stock market, will aim to purchase a portfolio with 16 industrial warehouses.

Through the Initial Public Offering (IPO), the Fibra is expected to raise between one thousand and one thousand 500 million dollars from the national and foreign investing public.

The creation of this real estate investment vehicle is launched with the aim of taking advantage of nearshoring trends in Mexico, which refers to the relocation of foreign companies due to their proximity to the United States. This trend has caused the demand for industrial warehouses in the country.

“The real estate that is part of the stabilized portfolio, mostly class A, is located in the main industrial markets of Mexico (..) Due to the current situation of the industrial real estate market, there is currently an imbalance between supply and demand. demand that we hope will continue to drive rental growth,” indicates the placement prospectus.

Of interest: Industrial demand in Querétaro doubles compared to October 2022

A few weeks ago, Gonzalo Robina, deputy general director of Fibra Uno, commented: “Let's not see nearshoring as something that only concerns the border, but also regions such as Bajío, Mexico City, the metropolitan area, even in the Yucatan Peninsula. We are aware that there is already investment aimed at rehabilitating the Progreso Port so that merchandise can leave to supply the east coast of the United States.”

At Solili you can consult industrial warehouses available in Saltillo, Reynosa and Tijuana

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