Despite these significant amounts, the supply of industrial buildings is still insufficient given the high levels of demand, especially in the northern regions of the country. For example, Fibra Mty is getting ready to disburse up to 15 billion pesos to buy more assets aimed at nearshoring.

Let us remember that this investment trust recently completed one of the most relevant transactions in the real estate market, in April 2023, by acquiring the "Zeus" industrial portfolio whose value was 662 million dollars, an investment that will take place between 2023 and 2026. Javier Llaca, director of operations and acquisitions of Fibra Mty reported that 220 million dollars will be invested this year.

Of interest: Industrial Solili Report April 2023, demand exceeds by 82% that registered until April 2022

"For the purchase of "Zeus" "we acquired various lines of credit and used the balance of union financing, but we expect our indebtedness to reach levels below 30% in the next three months. In such a way that, we will have an additional purchasing capacity that we hope to carry out soon", he commented in an interview.

With the recent acquisition (46 industrial buildings located in 11 states of the country), the company managed to double its gross rentable area, going from 800 thousand to 1.6 million square meters and as of April, more than 72% of its income will be generated of the industrial sector.

In addition, the portfolio included a land reserve of 882,000 square meters that will be used for expansion and the creation of new industrial projects to meet growing demand.

For its part, Fibra Macquarie is advancing in the construction of six new developments and two custom expansion projects (BTS) that, together, will have an investment of 134 million dollars, of which 100 million will be disbursed during the year .

Macquarie's projects under development total 1.8 million square feet of industrial space, distributed in Nuevo León, Chihuahua, Tamaulipas, Baja California, San Luis Potosí, Querétaro y Ciudad de México.

Check here: Speculative development, key to boosting the growing industrial demand in Mexico City

The director of operations of Fibra Mty highlighted that the phenomenon of relocation of companies acquires an unprecedented dimension in Mexico, in terms of absorption of industrial real estate, which has boosted the growth strategies of Fibras.

However, Luis Gutiérrez, president of Fibra Prologis for Latin America, mentioned that although the supply of warehouses has increased significantly, current construction levels are insufficient to meet demand.

Until March 2023, Fibra Prologis reported 225 logistics and manufacturing properties in six Mexican markets, with an occupancy rate of 98.4%. These properties were leased to 240 clients, including logistics providers, transportation companies, retailers, and manufacturers.

In Solili you can consult industrial warehouses available in Ciudad Juárez, Reynosa and Guanajuato

Original note