Thor Urbana, the real estate development firm with a presence in Mexico and Latin America, placed its first Trust Stock Certificate for Investment Projects (CERPI), in the Institutional Stock Exchange (BIVA) for a total of 3,600 million pesos, of which it carried out a first round of raising for 720 million pesos.

The resources will be used to continue its real estate projects in Mexico, with a special focus on industrial development that is gaining momentum with the entry into force of the trade agreement between Mexico, the United States and Canada (T-MEC) and the rise of e-commerce. .

Thor Urbana has resorted to the issuance of investment instruments through the country's Stock Exchange to raise funds that it has used in the development and acquisition of real estate projects.

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Through the CKD it raised 2,500 million pesos, these resources are invested in the Bajalta residential complex, in Tijuana, in the commercial project The Park, located in San Luis Potosí. As well as the Marina Town Center in Cancun, which is a development that was acquired with an open-air shopping center in operation and the La Reserva Project in Nayarit where it will develop a luxury hotel complex and a residential complex.

Thor Urbana has a portfolio with more than 20 properties in different real estate sectors that include hotels, mixed-use projects, shopping centers and industrial warehouses in the main cities and tourist destinations, such as Mexico City, Guadalajara, Playa del Carmen, Cancun, Merida, Metepec and Los Cabos.

Do you want to know what has been the behavior of the industrial real estate market in the country?

Check here the report prepared by Solili.

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