The Fibra Mty real estate investment trust went to the capital market for the fifth time with an issue that managed to raise 3.45 billion pesos, net resources that will be used mainly for the acquisition of industrial real estate.

Regarding the transaction, it was announced that it had an oversupply of 1.2 times. It is worth mentioning that the price set for each of the real estate trust certificates (CBFIs) was 12.20 Mexican pesos, with the placement intermediaries, in addition to the global coordinator, BBVA, Actinver, BTG Pactual, GBM and Scotiabank.

Check here: 850 thousand m² of industrial space are demanded during July and August 2022

"With this successful capital issue, we reaffirm our commitment to redefine real estate profitability in Mexico," said Jorge Avalos Carpinteyro, CEO of Fibra Mty.

He highlighted that Fibra Mty is the first Trust to launch a transaction that includes a financial education campaign aimed at investors in the retail segment, where more than 2.5 million account holders had the opportunity to place their purchase orders and participate directly in a primary public offering of capital through the Bursanet and “GBM+” digital platforms, shared the manager.

Of interest: Airport-Puente Pharr, the most attractive industrial corridor of Reynosa for investments

According to Intercam Banco, the demand generated by the nearshoring market due to the trend of relocating global supply chains to Mexico in 2021 was 21%; being the north of the country the central focus of this phenomenon with 90%, mainly in cities such as Monterrey, Coahuila, Ciudad Juárez and Tijuana.

In this sense, Fibra Mty's portfolio stands out when reporting that, as of the second quarter of 2022, 46.4% of its leasable area was in industrial spaces, most of them located in Chihuahua, Coahuila y Nuevo León.

In Solili you can also consult industrial warehouses available in Mexico City and Guadalajara

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