The Mexican REIT market experienced one of its most competitive processes in recent years, following the bidding war for the acquisition of Fibra Macquarie, a transaction that culminated in its purchase by Fibra MTY at the end of May 2026.

The investment process unfolded over several months of intense competition among the main players in the real estate sector. The story began in February 2026, when Fibra Prologis announced an agreement to acquire the management rights of Fibra Macquarie, which at that time gave it a favorable position to finalize the transaction.

Of interest: Solili Industrial Report May 2026: The new offering reached 445,000 m² between April and May 2026

Subsequently, competing bids began to emerge from Fibra MTY and Fibra Next, leading to a battle for control of one of the most significant industrial portfolios in the country.

The deal came to a head at the end of May 2026, when Fibra MTY announced it had reached the minimum participation threshold required to proceed with the acquisition. Days later, acceptance exceeded 80% of Fibra Macquarie's outstanding certificates, allowing the transaction to close.

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With this transaction, valued at approximately US$1.7 billion, Fibra MTY added one of the most significant portfolios in the country. The integration strengthens its presence in the industrial sector, expands its geographic reach, and positions it as one of the largest REITs in Mexico in terms of assets under management, with a total estimated value of around US$6.5 billion.

This move comes at a time when the Monterrey industrial market maintains its national leadership, boasting the largest inventory with over 21 million square meters. It also concentrates the largest industrial supply in the country, exceeding 1.3 million square meters, equivalent to 23% of the national vacancy.