Galium Capital seeks more institutional and private investors from Mexico to invest in the real estate business in the United States, a sector that is resilient to economic cycles and with long-term horizons.

"Our focus is to lead Mexican investors to invest in real estate in the United States to diversify their portfolio in dollars without sacrificing performance, preserving their capital without greater risk and entering a reliable and institutional company," said Jacques Bessoudo, CEO of the company dedicated to real estate investment based in Miami, Florida, the American city most connected to Latin American countries.

It may interest you: Mexico reaches investment in tourism projects for 206 billion pesos

At a press conference, the manager said that the objective is for Mexican investors, such as "family offices", institutional investors, funds, private investors with high purchasing power and local developers, to invest in real estate in the United States under the same rules of the game as the Americans.

When taking the floor, Marcohs Shemaria, business developer of the company, assured that they are not dedicated to real estate development due to the high risk it represents, so their focus is to acquire "AAA" properties, rented, stabilized and that are generating flows and returns of between 12 and 15% per year.

Galium manages more than 500 million dollars in different properties in the United States, including more than 400 million in multi-family residential properties, as well as more than 75,000 square meters of commercial and office space, in different states of that country.

We recommend: Bond Linked to Sustainability is presented by the BMV

In this 2021 they plan to invest around 150 million dollars in investor capital, which would be reaching almost 1,000 million dollars under administration.

During the conference Bessoudo stressed that they are a 100% American company, founded by Mexican partners, and they also have an office in Mexico City.

He added that the firm in Mexico has investors, the vast majority coming from Mexico City, Guadalajara y Nuevo León.

Are you looking for an apartment for rent for less than $ 18,000 pesos a month in areas like La Condesa? Enter Solili and know the different options.

Read the complete article