In a conference held by Inmobiliare at Reb + Summit Monterrey in December 2021, Real Estate specialists met to address the reconfiguration of the sector after the pandemic.

Gerardo Zambrano, VP of administration and finance at Finsa, said that it was a challenge to keep the parks operating during the confinement, however, from the second quarter of the year the sector began to strengthen.

The main difference that he noticed is how it has been investing since the pandemic, through the Certificates of Development Capital (CKD's) and the instruments to raise funds from the Afores, which are now doing more studies and are much more strict asking different companies such as Environmental, Social and Government (ESG) ”.

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Eduardo Güemez, CIO of Walton Street Capital, highlighted that, with the pandemic, some important trends such as home office or e-commerce accelerated, causing a reconfiguration of offices and shopping centers. He cited changes in the inventory strategy of companies where they no longer depend on a single plant, as was the case in Asia.

Regarding investment, he does not see little interest in investing in retail, but Afores institutions want someone who has done it persistently, continuously and with expertise.

Raúl Gallegos, director of Credit Suisse, said that, with the pandemic, they stopped using spaces, generating income and having available flow in many assets, which is what the debt in many assets depends on.

He commented that the government let the banks have a restructuring without having an effect on their reserves, thus generating an interesting reconfiguration, a different risk analysis, despite the uncertainty. This change has been more in the learning that investors have had with some alternatives and managers.

Of interest: What to expect from industrial demand in 2022?

Finally, Juan Carlos Mier y Terán, head of CBRE, explained that, despite the fact that the first six months were of uncertainty, not all the changes that the pandemic has brought have been negative.

He highlighted that various public companies in Mexico issued dollars at very competitive prices, which now allowed them to be held with local institutions.

It also foresees the return of some banks, with the purchase of a portfolio or setting up real estate teams, because the world continues and they want to re-penetrate the market and have a presence, with a clear preference for the industrial sector.

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

Original note