Credit Suiss is allocating this week the first Real Estate Investment Trusts (REIT) for granting credits in the mexican real estate market, and hopes to raise around 6.2 million pesos, with a first emission of 1.24 million.

The plan is to grant from 10 to 15 credits per year, with an average between 40 and 50 million dollars, secured with the buildings and the rent they can deliver.

The offer is expected to be fully developed in the next 9 days to be registered at the mexican stock exchange.

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