With a more positive outlook in 2021, unlike last year, real estate investment trusts (Fibras) continued to advance on the positive terrain in the Mexican Stock Exchange (BMV), managing to end the first quarter of 2021 (1Q21 ) with a return of 1.6%, although this percentage is still below the 5.56% of the return observed in the global index of the REIT sector.

The rise recorded in the S & P / BMV Fibras benchmark index, which concentrates 10 issuers such as Fibra Uno, Fibra Macquarie, Fibra Prologis and Fibra Danhos, is reinforced by the reopening of businesses, greater social mobility, fewer restrictions on international travel and prospects for higher hotel occupancy rates, analysts say.

Throughout this first quarter, the Solili news section has reported the increase in Finsa's equity in alliance with Walton Street Capital México for the acquisition of new properties for 98 thousand m2 in 5 states, the acquisition of new warehouses for part of Fibra Macquarie in Mexico City and Nuevo León for 148 thousand m2 and the diversification of FUNO's portfolio towards other real estate assets and the acquisition of 100% of the shares of Fibra HD by Fibra Plus.

Check here the performance of the industrial real estate market at the end of the first quarter of 2021 prepared by Solili.

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