The country begins to wake up after two years of multiple problems within different productive sectors. For this reason, Juan Flores, director of Newmark's Market Research division, declared that Mexico needs to reconfigure cities and review land uses to trigger new projects.

This is due to the fact that the cities of Mexico begin to change rapidly, which drives the demand for new spaces. Therefore, if there is no management plan, it will not be possible to decide where to locate offices, shopping centers, and housing centers in each city.

Of interest: What are the industrial markets that dominate construction in the country?

“Greater transparency is required in the information on where to invest, land uses and not create uncertainty. Many times they want to carry out large real estate projects, and today there are many detainees because there are no positive signs of what will happen in the short term in Mexico”, highlighted Juan Flores.

Due to this, many investors in the sector will begin to invest more cautiously and with rigorous market studies. In addition to relying on experts to find out about future trends, since projects cannot be carried out lightly in moments of uncertainty.

However, the country remains resilient and has the necessary characteristics to continue with the positive figures it registered during 2022. Since this year it was positioned as one of the best for the industrial sector and the arrival of foreign investment.

In 2022, Mexico registered a record of low availability in the industrial real estate sector, which reached 1.8% of available space. Added to this, it is estimated that by 2023, the housing market will increase its demand in the middle sector, while offices could show a 30% recovery compared to what was lost in the pandemic.

These statements are due to different factors, firstly, the industrial sector begins to explore new alternatives for micro parks, which are ideal for cities that do not have large territorial extensions.

Check here: Industrial construction will continue strong in the Saltillo market

Likewise, Nearshoring will continue its path through Mexico with investments from the United States, Europe and Asia.

Meanwhile, offices are beginning to show a slight recovery and are busy in central areas such as Polanco and Reforma. At the same time, there are creative entrepreneurs, who defend their business model and thus are resilient to any economic crisis, who begin to redesign offices and create pleasant spaces for people to return to.

Added to this, these visionaries continue with the renegotiation of lease contracts and conversion plans. Actions that consequently demonstrate that in Mexico there are people who remain resilient and energize the real estate sector.

In Solili you can consult industrial warehouses in Ciudad de México, Guadalajara and Ciudad Juárez

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