Fibra Mty suspends acquisition of property in Guadalajara
At the beginning of the year, Fibra Mty, 100% Internally Managed and Advised Real Estate Investment Trust, reported that it was acquiring the office complex referred to internally as "La Perla", better known as "Pearl District", in Guadalajara, Jalisco.
The Trust mentioned that the transaction was to be formalized between March or April 2020, where a first estimated payment of US $ 78.96 million would be made. However, in a statement to the Mexican Stock Exchange, Fibra Mty announced that it decided to suspend the acquisition process of the property indefinitely.
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