FibraShop, a real estate investment trust specialized in shopping centers, agreed to increase its participation in the real estate project Distrito la Perla, located in the city of Zapopan, Jalisco, to 93%, from the current 35.6%.

Through a notice to the market, the real estate trust stated that it reached this agreement with its partner Motfour, a firm that promotes investment in the real estate sector, due to the effects that the health emergency caused by the COVID-19 pandemic has caused in its investment Property.

The La Perla District mixed-use project includes a commercial area in which FibraShop acquired 35.6% of the net operating income (NOI) generated by the property.

The real estate trust has a portfolio of 17 plazas and shopping centers, with a profitable area of 544,962 square meters and a weighted occupancy rate of 92.57 percent.

What's happening in the Guadalajara corporate real estate market?

According to the Solili platform, in recent years, Guadalajara managed to emerge as a regional technology center that combines a manageable size, cutting-edge education centers, and the consolidation of an ecosystem that has allowed sustained growth in demand. of goods and services.

Regarding the corporate real estate market, at the end of 2020 the strong impact of COVID-19 was felt, mainly in the second and third quarters of 2020, which rethought the way of working by implementing the home office as a solution to stop contagion.

The technology, pharmaceutical and telecommunications sectors make up the demand that has been satisfied in recent quarters. So far in 2021, the Nueva Zona Financiera corridor has concentrated a little more than 95% of the gross absorption in typology on average of one thousand square meters.