With an investment of approximately 116.28 million dollars (mdd), O'Donnell Capital Management, a private equity fund, announced that it formalized the acquisition of land and buildings in Mexico City (CDMX).

The private equity fund of the industrial real estate sector reported that the deal was finalized on November 29 for the complex located in the Gustavo A. Madero mayor's office and called O'Donnell Vallejo.

Check here: Solili Industrial Report November 2022, 6.6 million m² have been absorbed in the country

The property, detailed by the company in a statement sent to the Mexican Stock Exchange, has around 91 thousand square meters (m2) of leasable area, which continues to strengthen its participation in the industrial real estate sector, which has gained greater popularity. in recent years due to the reconfiguration of supply chains or the so-called nearshoring.

“With the closing of this transaction, O'Donnell confirms the investment thesis of the CKD, which is to invest and develop in institutional properties In-fill, last mile, focused on the logistics and e-commerce sector within the main consumer markets. country,” said the president and CEO of the real estate company, David O'Donnell.

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It was also announced that the resources to finance the acquisition come from the Development Capital Certificate (CKD), which the firm placed on the local stock market in 2018.

"Additionally, we are pleased to report that to date we have committed all the resources obtained in the placement of the CKD issued in November 2018," said the manager. The company indicated that on November 25 it formalized a joint venture with a pension fund and an insurer, to acquire and reposition 2 logistics industrial projects in CDMX.

In Solili you can consult industrial warehouses available in Toluca, Tultitlán and Tepotzotlán

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