The Puebla market, which already exceeds 2.3 million square meters of industrial inventory according to Solili figures at the end of 3Q 2021, accumulates in the months of October and November about 20 thousand square meters, which makes us foresee that it will sustain the pace of demand shown in the first two quarter of the year.

This important market near the capital has sharply reduced its vacancy, going from 4.73% registered in January 2021 to 1.8% according to closing figures as of November 2021.

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The progress of construction with 28 thousand square meters in process, reports its lowest level in November since the beginning of 2021 with an average rental price that manages to close at $ 3.8 dollars per monthly square meter in November 2021.

If we analyze that during the months of October and November new construction did not start and given a relatively low vacancy and little inventory in process, together with the inflation that affects construction supplies at the national level, it could be assumed that rents continue with a trend on the rise in this industrial market.

The entity added 4 percent of the Foreign Direct Investment (FDI) registered in the country during 3Q 2021, for a figure of 217.4 million dollars, which represents an increase of 35.3% compared to the previous quarter.

If this figure is compared with that registered at the end of 3Q 2020, the increase is 3.8 times.

So far this year the logistics industry has largely dominated the demand in this entity, mainly located on the Huejotzingo and Autopista México Puebla submarkets.

This last corridor is where all the construction in progress is concentrated, which accounts for 63% of the current inventory in the city.

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The pressures that have been generated in electronic commerce lead to deliveries in less time, which means that locations like Puebla are enhanced by their proximity to the capital, taking advantage of the multimodal connectivity that the entity exhibits.

The outlook to come suggests that both logistics and manufacturing will jointly form demand during 2022, since according to FDI figures, about 42% of foreign capital flows received in Puebla during 3Q 2021 correspond to manufacturing areas. , among which are the plastic and rubber industry with 28.8%, manufacture of transportation equipment with 8.6% and generation, transmission and distribution of electrical energy with 4%.