It currently has 149 shopping centers in operation and whose traffic was affected by mobility restrictions due to the pandemic.

Fibra Uno (FUNO), the first real estate investment trust, predicted that the e-commerce business would take between 15 to 20 years to have a strong expansion in Mexico, however, the pandemic accelerated its growth.

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"We saw that this transition to electronic commerce would perhaps take 15 or 20 years to occur and at a much slower speed than it did, but it accelerated with the pandemic and forced people to buy online," explained Jorge Pigeon, vice president of Capital Markets and Investor Relations at FUNO.

He added that before the health contingency, it was not the vocation of the Mexican culturally, to make their purchases through a tablet, computer, telephone or other digital means, they traditionally go to stores.

Fibra Uno currently has 149 shopping centers in operation and whose traffic was affected by mobility restrictions due to the pandemic. In total, it reports a profitable area of more than 2.8 million square meters, as shown in its third financial report of the year.

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"We knew that electronic commerce was going to imply growth in demand in logistics for industrial buildings, because one of the things we do is logistics," he added.

So he enlists a plan to streamline logistics between omnichannel commerce, or online commerce with commerce in stores or shopping centers.

In Solili you can consult industrial warehouses available in Mexico City, Monterrey and Guadalajara

Original note