Fibra Danhos, a trust and investment in real estate, seeks to place a debt program for up to 8 billion pesos through the Mexican Stock Exchange (BMV), according to the offer prospectus.

The destination of the resources obtained from the issuance of the stock certificates will be used, among other purposes, to refinance or pay liabilities, to buy back real estate trust stock certificates (CBFI), in accordance with the programs authorized by the meeting of holders .

It will also use the resources for the acquisition, construction and development of all or some of the projects under development and projects to be developed as appropriate, as long as the business and industry conditions are satisfactory.

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Fibra Danhos said that it could also allocate resources to "take advantage of some other business opportunity, which it continually analyzes, including consolidating existing projects, land or participating in new opportunities."

Under this program, the company will have the right to issue stock certificates when it deems appropriate.

This will be valid for five years from the authorization of the National Banking and Securities Commission (CNBV).

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Danhos is a Mexican developer group dedicated to building, renting, operating and managing commercial and office properties in the metropolitan area of Mexico City and Puebla. Among its properties are Torre Virreyes, Vía Vallejo Park, Las Antenas Park.

Currently under construction is the Parque Tepeyac project, a mixed-use property that will have a shopping center, which registered an overall advance of 63 percent.

The development will be complemented with 20 thousand square meters for entertainment.

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