Industrial logistics market cushions the fall of the real estate market in Mexico during a pandemic
The real estate market in Mexico, already somewhat slowed down by internal affairs, has been strongly affected as a consequence of the emergence of Covid-19 and its containment measures in the national territory. This was considered, in an exclusive interview for Real Estate Investment Magazine, Patricio Domínguez, director for the industrial sector at Newmark Knight Frank México.
“The industrial market is the one that is raising the real estate market in general; the office market and the retail market are really taking a much bigger hit: the retail market is 95% stopped; in the office market, we already had an oversupply issue in many corridors ”.
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