In the State of Mexico they will build approximately 200 thousand square meters of profitable industrial area.

It will also venture into the high-end tourism sector, in association with FibraHotel with a 50-50 joint venture, located in the Yucatan Peninsula, added Salvador Daniel Kabbaz Zaga, general director of the real estate trust.

Check here: CTT sumarkets destroy 90% of the industrial demand of CDMX in Q3 2023

Fibra Danhos, is a real estate investment trust specialized in shopping centers and mixed-use developments, which will venture for the first time into the industrial and tourist markets, with the latter it wants to take advantage of the demand for industrial warehouses that has increased due to nearshoring,

In the industrial project they have a territorial reserve in the State of Mexico where they will develop approximately 200 thousand square meters of gross profitable area (GLA) for industrial warehouses. The land has already been acquired and they have the development rights to the project where the development of approximately 100 thousand square meters of gross profitable area has begun in its first phase.

Of interest: Industrial vacancy in Mexico continues to decline, closing Q3 2023 at 1.8%

The projects will be financed with debt and cash flow generation, Fibra Danhos reported. To execute the development plan, he announced that the Technical Committee determined a fixed quarterly distribution policy of 0.45 pesos per real estate trust stock certificate (CBFI) starting this quarter and until the second quarter of 2024.

In Solili you can consult industrial warehouses available in Cuautitlán, Tultitlán and Tepotzotlan

Original note