3 Fibers concentrate more than 58% of the value of the sector in BMV
Real Estate Market & Lifestyle | August 08, 2021 |

Fibra Uno (FUNO), which was the first to list on the market, is the largest, with a market cap of 82,165 million pesos.

Only three of the 17 real estate investment trusts listed on the Mexican Stock Exchange (BMV) concentrate 58.5% of the entire market value of the sector, which at the end of July amounted to 281 thousand 686 million pesos, according to figures from the Economatica database.

FUNO, which was the first firm to debut under this figure on the stock market in March 2011, is worth $ 82,165 million pesos, a figure that is almost 30% of the entire Mexican real estate trust market.

Check here: Mexico Infrastructure Partners places Fibra E on the Mexican Stock Exchange

The second highest value is Fibra Educa, which stands out for offering exposure to investments in the education sector and the only one of its kind in the market, reaching a market capitalization of 44,862 million pesos, 16% of the market value of these investment vehicles.

The third with the highest market cap is Fibra Prologis, with 37 thousand 509 million pesos or just over 13% of all this niche on the stock market. This station stands out for having a 100% industrial DNA and has benefited from the growth of online commerce.

The market value of Funo is in line with the size of its portfolio, which is the largest, in terms of Gross Profitable Area (GLA) in the sector, as it has consolidated nearly 11 million square meters that are distributed in 661 properties throughout the entire country.

For its part, Fibra Educa, which has the backing of Nacer Global, a company that operates educational institutions under brands such as ICEL and teaching centers such as Quick Learning, is in the expansion phase.

Of interest: Fibras resist and reactivate after their first major crisis

It recently announced its investment plans, with the acquisition of an educational complex of 60 thousand square meters as the closest. Currently, Educa owns 59 properties that comprise a GLA of 449,196 square meters.

Fibra Prologis this year has been one of the most active and one of the pioneers in the sustainable debt market, with two green bond placements, with which it has raised 446 million dollars on the BMV.

In addition, in 2021 it announced three acquisitions, with an investment of close to 1 billion pesos. This trust is the owner of 205 properties for logistics and manufacturing, located in six industrial markets in Mexico, with a total GLA of 3.7 million square meters.

In Solili you can check the industrial spaces available in Monterrey and Tijuana

Original note

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