REIT's in Mexico are looking for new horizons after their initial 'big bang' // Expansión
Mexico's Real Estate Investment Trusts were born in 2011 after a long regulatory and financial process. They thrived during their first four years, when 9 of the current eleven were listed on the market, but since then the sector movement is slow.
After a golden era of buying buildings, allocations slowed down since their needs of capital for new projects did too, also the market volatility due to the US elections took a toll.
However, there's a new era coming: developers are starting to build again, even Reits are betting for projects of their own, while property prices are on the rise. A new wave is arriving.
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