Real Estate sector in Mexico is positioned as a shelter from the storm
Despite Mexico facing the worst economic recession in decades, the real estate sector could be a relatively safe haven for investors, an analysis by Barclays Research said.
Analysts claim to have a positive position on the industry, based on four reasons: its high dividend yields for 2021 with an industry average of 10%; attractive valuation; low levels of leverage of its participants in the stock market and; encouraging long-term industry trends. However, they recognize that the sharp contraction of the country's Gross Domestic Product (GDP) will have an impact on unemployment, consumption, and hopelessly in the real estate sector.
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