Sociedad Hipotecaria Federal places 6 billion pesos in stock certificates
Inmobiliare/ Solili | February 05, 2021 |

The Federal Mortgage Society (SHF) placed six billion pesos through two stock certificates with terms of three and five years.

The placement, the first by a Development Bank in 2021, marks SHF's return to the public offering market after the 2020 hiatus. Both certificates were placed at a floating rate:

The Company highlighted the participation in the placement of investors from different sectors such as insurance companies, Afores, investment companies, banks, brokerage houses, development banks, investment funds, among others, achieving a historical spill in SHF issues of 23 1,062 million pesos, 50% higher compared to the demand observed in 2019 emissions.

It was reported that the transaction had the support and monitoring of the Public Credit Unit of the Ministry of Finance and Public Credit (SHCP) and had HSBC Casa de Bolsa, Invex Casa de Bolsa and Scotia Inverlat Casa de Bolsa as underwriters.

According to experts in the residential real estate sector, this year could be positive for the acquisition of properties due to the easing of costs.

For example,in the Lomas de Chapultepec corridor, in Mexico City, there are currently 441 properties under construction as the first stage of the Mitikah Tower.

This apartment building, located in the Benito Juárez mayor's office, has a swimming pool, security, garden, children's play area, lounge

and business center, which are amenities that adapt to the needs of the home office.

Consult the Solili platform for more characteristics of this development and others more available in the capital of the Republic.

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