The Queretaro market at the beginning of 2023 planned to carry out 55 new projects for the entity, according to figures indicated by the Secretariat for Sustainable Development (Sedesu). However, at the beginning of June the figure has increased to 68 investment projects, of which 20 have already been completed.

Of the total of 68 investment projects, 24 correspond to expansions and 44 are investments that bet on this important city of the Mexican lowlands. These investments provide for an economic benefit that would exceed 95 billion pesos, according to information from the head of Sedesu.

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Capital from European countries, the United States and some Chinese investments have evaluated the strength to settle in this market that provides them not only with connectivity but also with qualified labor and legal certainty to carry out their production processes.

The entity that occupies the fourth position in terms of accumulated gross industrial demand between January and May 2023, accumulates 195 thousand square meters and is only surpassed by Monterrey, Mexico City and Tijuana, according to figures from the real estate platform Solili.

As an example of the investor appetite for the entity, we can cite the six announcements for a total of 128 million dollars in investments made during the Paris Air Show event at the end of June, according to the governor of Querétaro.

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Mainly the French aeronautical industry already established in Querétaro continues to expand its offer in the sector, as is the case with companies such as Safran and Dellastek. The key is to integrate the productive chain linking assemblers, suppliers, maintenance workshops, general services supported by the supply of the required human talent that is trained in research centers and state academic institutions.

The signals for developers are clear to build a greater number of industrial spaces that allow these new investments to be met. The combination of declining vacancy together with rising rental prices that have increased by more than 18% in the last year, are a guarantee of placement of the real estate product in the medium and long-term horizon.