Due to the prolonged renegotiation of the North American Free Trade Agreement (NAFTA), the election year and the uncertain situation in Mexico, the rise in interest rates pressures the valuations of the Real Estate Investment Trusts (Fibras), reason why they are discounted in the Mexican Stock Exchange.

In this regard, the Signum Research Analysis Manager, Armando Rodríguez, argued that one should be cautious now that the sector is "cheap", with respect to the NAV, it does not mean that they all represent a purchase opportunity.

He warned to be selective and analyze those fibers that have discounts in net asset value and attractive dividends. "This is because the private valuations (made by independent appraisers) are going up and those of the market are going backwards, which makes the differential very high," he said.