Fibra Nova reports raising of 1,820 million pesos in securities
Real Estate Market & Lifestyle | May 10, 2021 |

Fibra Nova, the real estate investment trust in the industrial, commercial and educational sectors, said that it carried out a capital increase of 1,820 million pesos, after having concluded with an offer to sell Real Estate Trust Stock Certificate (CFBI ) between their forks.

Through a brief statement, published on the Mexican Stock Exchange (BMV), the trust reported that it placed among its current investors a total of 93 million 337 thousand 188 titles at a price of 19.50 pesos per unit.

The sale price was lower than its current price on the local stock market, at 20.50 pesos per unit.

Of the total offer, its holders acquired 769 million pesos in cash, keeping just over 39.4 million papers.

The holders exercised their preferential right granted by assigning 39 million 433 thousand 779 CBFI payable in cash, as well as 53 million 903 thousand 406 CBFI assigned for the acquisition of a property ”, detailed the real estate trust that is owned by Grupo Bafar, a production company of foods under brands such as Sabori, Campestre and Parma.

In the document, he said that part of the resources raised will be used to pay for a new property and another proportion to carry out opportunity purchases and the remainder to cover liabilities or make opportunity purchases.

Fibra Nova announced, at its meeting held last month, that it would launch the additional sale of Real Estate Trust Stock Certificates among its investors for an amount of up to 2,500 million pesos, an amount that was 27% more than what was collected. The offer period began on April 22 and ended on May 5.

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Guillermo Medrano, CEO of the firm recalled that at the end of March two new projects were closed for a total of 28,000 square meters (300,000 square feet) located in the City of Chihuahua.

Additionally, they are a few weeks away from completing other projects that together total around 85,000 square meters (700,000 square feet).


Do you want to know more about the industrial market of the main cities in our country? Do not forget to carry out a search or consult the report with the key indicators in the sector.

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