San Luis Potosí closed 2022 with an accumulated gross demand of 258,000 square meters, exceeding by 13% what was registered during 2021, according to the Solili real estate platform.

Let us remember that during 2021 in the Bajío region, industrial activity was affected since the manufacturing vocation, and mainly the automotive industry, was one of the hardest-hit turns, both due to the health crisis and the consequences of the reconfiguration of supply chains. .

However, the recovery in demand that was activated in 2022 affects the indicators of vacancy and rental prices that we observed on the platform at the beginning of 2023.

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San Luis Potosí, together with Guanajuato, had the highest levels of national vacancy and registered 4.4% at the end of January 2023, which represents a decrease of two percentage points in the last year. In turn, the start of the year allows an average rental price of $4.2 dollars per square meter, which is at the same level as that reported in January 2020, prior to the pandemic.

In 2023 we will have great activity from multiple suppliers of the automotive industry and other manufacturing in general that will be generating supply chains for the large investments that were announced during the last quarter of 2022.

The largest corresponds to the new BMV plant that seeks to reinforce the topic of electromobility since the firm currently produces electric models in 5 plants in the world, 3 in Germany and 2 in China, Mexico will be the first opportunity for North America. The estimated investment is around 800 million euros and would be an expansion of its plant in the municipality of Villa Reyes.

The Japanese company Daikin also laid the first stone of what will be its two new production plants, located in the Millennium Industrial Park, in the Industrial Zone of San Luis Potosí. The estimated global investment of 280 million dollars contemplates the manufacture of both residential air conditioning units and commercial units, estimating the start of operations in April 2024.

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Another trend shaping demand this year is projects that improve the impact of the carbon footprint. This was verified by the Chinese firm Impro Precision Industries Limited (Impro), with the start of production recorded in November 2022. The group expects the last two plants of phase one, those for aerospace components and those for surface treatment, to enter production in 2023.

This push requires not only the confidence of investors and developers in the region, but also the support of the state authorities that comes from a recent change of government. This 2023 they estimate the arrival of 10 investment projects by American, European and Asian companies from different sectors, with which they could expect investments of more than 2,150 million dollars to enter this entity.