Fitch Ratings noted that companies are acquiring and developing new industrial properties to capitalize on the strong fundamentals of Mexico's industrial real estate market, which includes high occupancy rates of nearly 98%.

Mexico will be one of the main beneficiaries of the new dynamics of the global supply chain, which includes Real Estate Investment Trusts (Fibras).

Check here: Low vacancy in Chihuahua triggers construction of speculative projects

The increase in rents and high occupancy rates support real estate developments, as well as the sustained growth that its portfolio of properties has presented.

In contrast, he pointed out that the sector, in its objective to satisfy the demand for industrial space, will face challenges, such as: the lack of adequate infrastructure, security concerns and the inconsistent regulatory framework.

“The cost of addressing some of these risks can increase investment requirements and put some pressure on profitability and cap rates,” due to higher interest rates, construction costs, and land prices, but can also be mitigated. due to an increase in rental prices.

“Businesses will need to balance growth with maintaining healthy credit metrics consistent with current ratings, against the backdrop of weakening economic conditions and global growth,” the analysis read.

Of interest: American, European and Asian companies expand industrial operations in Saltillo

Fitch Ratings considered that Mexico will be one of the main beneficiaries of nearshoring, due to the global rearrangement of supply chains and their relocation to North America, the largest market in the world, as well as the Mexico-United States-Canada Treaty (T- MEC).

"Several issuers rated by Fitch have increased their capital spending plans and expanded their investments in industrial space to take advantage of the high demand for storage, manufacturing and other industrial infrastructure by multinational corporations," the rating agency revealed.

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

Original note