Fibra Prologis, one of the country's main industrial real estate investment trusts, launched this Friday a public acquisition offer (OPA) for 100% of the share capital of its competitor, Fibra Terrafina.

The takeover bid will be valid for 21 business days, starting on May 17. If successful, the acquisition would take place on June 18.

Of interest: Office rental price in León remains below $12.50 USD per m²

If this purchase is achieved, Prologis will consolidate its position as the largest industrial trust in Mexico, with a portfolio of industrial warehouses that would reach 8.4 million square meters of gross profitable area. (APR).

By carrying out this operation, the company could take advantage of the synergies derived from the combination of both businesses, to strengthen its presence in the main industrial markets of the country.

Check here: The industrial vacancy rate increases in Querétaro, reaching 4.3% in April

The following weeks will be crucial to determine the future of Fibra Terrafina, the final decision will depend on the evolution of the CBFI holders of the different offers received.

In recent years, this takeover bid is one of the most important in the Mexican real estate sector and will have one of the largest impacts on the panorama of said market.

In Solili you can check warehouses available in: Puebla, Guadalajara y Guanajuato. 

Original Note.