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Fibra Educa debuts at the Mexican Stock Exchange on June 27
El Economista | June 18, 2018 |

The first real estate investment trust in the education sector, Fibra Educa, will debut on the Mexican Stock Exchange (BMV) on June 27 with an offer of up to 7,475 million pesos. He informed that he will place the price of each Real Estate Trust Securities Certificate between 20 and 23 pesos under the code EDUCA18.

He also stated that they intend to acquire a pipeline of 87 properties, distributed in 25 states of the country that represent an investment of between 16,000 and 20,000 million pesos. The firm has an investment proposal that aims to raise the BMV, based on the lease of real estate in the education sector.

"The education sector, particularly the upper level, is substantially fragmented. In Mexico there are more than 11,000 private high schools and superior schools that represent 221 times the size of our initial portfolio, "says Fibra Educa.

"We believe," he continues, "that this fragmentation will allow us to acquire future assets under favorable conditions. The demand for university and adult education is growing throughout Mexico. "

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