The Prologis and Nova real estate investment trusts (Fibras) are taking advantage of the nearshoring boom, and to meet the demand for industrial buildings by foreign companies have sought capital for 9.845 million pesos (mdp) through the Mexican Stock Exchange de Valores (BMV) this year.

Fibra Prologis, dedicated to the leasing of industrial buildings, raised 7,124 million pesos with the subsequent issuance of Real Estate Trust Stock Certificates (CBFI) held last May.

Check here: Solili Industrial Report August 2023, Mexico City retakes the lead with 146 thousand m² leased

Almost a month later, on June 19, it announced the purchase of three properties located in Ciudad Juárez, Monterrey and Tijuana, an acquisition that involved an investment of 74.9 million dollars (mdd), which was funded by raising capital in the property market. values.

In May, Fibra Nova celebrated a new capital issue for 2,721 million pesos. with resources that it would use to build industrial buildings in Ciudad Juárez and Chihuahua, where the demand for this type of real estate has increased in recent months by foreign companies.

"We have seen a very dynamic market in which companies approach us, in many cases they have operations in Asia but they are mainly of European or North American origin," explained Guillermo Medrano, general director of Fibra Nova.

The general director of the Mexican Stock Exchange, José Oriol Bosch, commented that "some issuers are returning to the market to seek capital", mainly those that are registering the greatest benefit due to the nearshoring trend, among them, he referred to real estate Fibras .

Of interest: Cuautitlán and Tultitlán industrial corridors concentrate 70% of the construction in CDMX

For its part, the Mexican Association of Real Estate Fibers (Amefibra) announced that to meet the demand for spaces just for the operation of foreign companies that are arriving in Mexico, more than 15 million square meters of industrial buildings will be needed in the next five years.

This amount is almost close to the 17.9 million square meters of industrial space reported by all real estate investment trusts in the first quarter of this year.

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

Original note