Fibra Plus, the first real estate investment trust focused mainly on the development of real estate assets, announces the acquisition of a new asset called "Autlan".
Autlan, located in Autlan de Navarro, Jalisco, is a commercial center with an area of 21,477 m2, with a Gross Profitable Area (ABR) of 5,259 m2 and which has the capacity to generate $ 8.3 million pesos in annual revenues.
The shopping center is focused on satisfying the needs of the first and second level of the population (food, beverages and entertainment). At the moment Autlan de Navarro is the economic center of the region reason why a great population influx of the bordering municipalities exists.
"With this new Asset, a cash flow is generated during the development process of the Initial Portfolio and a Portfolio of 12 projects is formed," said Rodrigo González, General Director of Fibra Plus Management.
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