FIBRA UNO bets on the office market in the face of home office exhaustion
Real Estate Market & Lifestyle/ Solili | March 01, 2021 |

In accordance with the big bankers, such as Goldman Sachs, the FIBRA UNO property investment trust (FUNO) trusted that the corporate real estate market will recover from the exhaustion of the home office.

Last January, during a conference held in the framework of the World Economic Forum, the CEO of Barclays Plc, Jes Staley, considered that working from home is not a model that is sustainable.

Some companies have previously commented on this issue, since in some cases remote work turns out to be inefficient to solve complex situations that arise within companies, so interaction with other team members in person could be essential. .

Against this background, FUNO was positive regarding the prospects for this real estate segment, which has been affected by the health crisis that forced some companies in Mexico to implement the work-from-home modality.

FIBRA UNO has a portfolio made up of 10.7 million square meters of gross profitable area, 1.3 million square meters correspond to the office sector, which maintained an occupancy rate of 78.6%, at the end of the fourth quarter of 2020.

The Solili real estate platform has documented that the Mexico City office market, and that of large cities such as Monterrey, Guadalajara, Puebla and Querétaro, have the capacity to continue attracting and hosting global companies that require to establish their work centers in the country.

The country's office markets have advantages that they had not had until years ago. The owners have sought to make their spaces competitive, with policies to lower prices and flexible contracts. Today more than ever companies can find in our country diversification of spaces, both in prices, size, location, characteristics, design and amenities.

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