Fibra Uno (FUNO), if it enters into a partnership with Terrafina (Terra), will offer investors exposure to a portfolio of approximately 17 million square meters of gross profitable area.

Funo's proposal does not involve an exchange of real estate trust stock certificates (CBFIs), but rather a more complex transaction, since it consists of creating a subsidiary trust where Funo will contribute its assets, Terra will carry out a capital increase and acquire the Júpiter portfolio, property from e-Group.

Of interest: Solili Offices Report April 2024: Demand for offices grows 87% compared to April 2023

The contribution to the vehicle will include 6 million m2 of Funo's Gross Rentable Area, 1.5 million from Júpiter's portfolio and nearly 4 million m2 from Terra, adding a total of 11.5 million m2, in addition to adding 5.4 million square meters. available for construction.

This alternative will give investors a way to double the size of Fibra Uno in the next 5 years, with an internal rate of return of 32%, compared to other investment options with lower returns.

Check here: The Aguascalientes Norte corridor concentrated the rental of industrial warehouses in Q1 2024

Currently, Funo continues to have a dialogue with relevant authorities such as the SAT and the National Banking and Securities Commission, and more negotiation options continue to be analyzed, which until now remain private.

In Solili you can check warehouses available in: Monterrey, Guadalajara y Mexico City. 

Original Note.