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Monterrey is crowned in the industrial market even in the face of water scarcity
Inmobiliare | July 12, 2022 |

So far in 2022, Monterrey has been involved in a dichotomy that directly impacts the economy and the lives of its inhabitants: water scarcity and industrial dynamism.

This last concept is reflected in a recent market analysis of the Solili platform, which showed that, of the 3.6 million square meters of industrial buildings that were leased in Mexico during the first half of the year, the royal city ranked first position with a quarter of the demand.

Far behind are Mexico City (CDMX) and Guanajuato, which group 15.3% and 12% of the national total, respectively.

Check here: 3.5 million m² of industrial buildings were leased in the country during the first half of 2022

The relocation of foreign companies seeking a space with better conditions for the production and export of their products has been a trend that has benefited the Mexican market, especially in the north.

In fact, if the capital of Nuevo León is combined with the other seven markets on the border with the United States, the proportion of leased spaces in the semester over the national total rises to 55 percent.

Despite the boom in the industrial real estate sector, the scarcity of water and land with infrastructure continues to be one of the main challenges in both Monterrey and CDMX. A factor that the developers have understood.

“They must face the issues of provision of white water and electricity. These become a nerve center for the development of industrial activity”, Solili mentioned.

It is worth mentioning that Monterrey residents have been facing a crisis due to the lack of supply of vital liquid since the beginning of the year.

Of interest: Vesta remains in the S&P/BMV Total Mexico ESG Index

According to data from the National Water Commission (Conagua), the Cerro Prieto and La Boca dams have an accumulated deficit of more than three thousand liters per second (lps). With what they have stopped supplying up to 1.5 million inhabitants.

To mitigate the water shortage, the Monterrey authorities and the Commission established agreements with the industrial sector, for which they agreed to inject 200 lps into the drinking network.

On the other hand, the real estate platform pointed out that, in the medium term, entities such as Chihuahua and Sonora will become key to the development of renewable energies to the north.

While Monterrey combines the elements to make the growth of demand viable in an entity in which the interest of the most institutional portfolios converges.

In Solili you can check ships available in Ciudad Juárez, Reynosa and Saltillo

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