FIBRAS advance in market niche in Mexico
Real Estate Market & Lifestyle | May 09, 2022 |

Real estate investment trusts (Fibras) have evolved over the years and we see more and more specialization. Initially they owned and operated properties such as shopping malls, warehouses and industrial parks, offices, hotels, and educational institutions.

But after a decade of existence, specialization continues its course, pointing to growth towards more niche sectors and an example of this are the new trusts that are preparing to parade through the BIVA: Fibra Multifamily, Fibra Haus, Agrofibra and Fibra Eco.

In October 2020, Fibra Multifamily made public its BIVA plans promoted by the Favier Group, a real estate company in Jalisco, for the amount of 2,300 to 2,645 million pesos and with an estimated date of the first half of 2022.

For its part, Fibra Haus, which has not yet set the date of its debut, has revealed in its request that the developer of the initial portfolio will be Acerta, dedicated to the administration, development and management of real estate and infrastructure projects in Europe and Latin America. will participate as a minority partner, with a co-investment of 2.50% of the capital of each of the projects.

Check here: Current challenges facing the fiber market in Mexico

Meanwhile, Greystar, one of the most important rental housing investors, will be in charge of operating and promoting the properties.

According to information from Fibra Haus, it will seek to obtain up to 2,500 million pesos with its public offer, and its initial portfolio has two plots of land in the pre-development stage with a focus on rental housing and commercial premises, for a total of 50,199 m2. of total potential buildable area and 33 thousand 764 m2 of gross leasable area (GLA), estimating to have 612 housing units for rent.

The real estate properties are located in Mexico City and Querétaro, which have a high growth potential in rental housing. Additionally, it has identified three land acquisition opportunities in Tijuana, Monterrey and Mexico City.

For its part, Agrofibra, the first real estate investment trust specialized in the agri-food segment in Mexico, which planned to be listed in November 2021, set a new date for March of this year; However, to date it has not yet been finalized.

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The Fibra seeks to raise between 5,250 million pesos to 6,037 million pesos, considering the over-allotment option, offering exposure to invest in its initial portfolio made up of 15 assets related to agricultural activity in the country, such as greenhouses, orchards and agro-industrial warehouses. of high technology, which comprise 17 million 323 thousand 076 of profitable m2 and generate income of 22 million dollars annually.

Finally Fibra Eco announced that it will seek to raise up to 180 million dollars in its next debut at BIVA. This trust promises to green the Mexican real estate sector through the acquisition of properties, such as shopping centers, data processing centers, warehouses, warehouses or buildings for industrial use to configure them in order to reduce their greenhouse gas emissions.

In their goals, they will seek that all their buildings have the EDGE certifications, which are designed to be applied in new and existing buildings. By 2030 it is proposed to achieve 40% energy savings. Another novelty is that this real estate trust is made up of 50% women and its members will be totally independent.

In Solili you can consult available industrial warehouses and offices in Mexico City

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