Josefina Moisés, general director of the Mexican Association of Real Estate Fibers (AMEFIBRA), reported that real estate companies will invest 652 billion pesos in the construction of social and vacation homes, hotels, offices, industrial warehouses and shopping centers in Mexico to 2025.
“The real estate sector projects a total investment of 652 billion pesos by 2025, which represents an approximate growth of 15 percent annually, between challenges and opportunities for the construction of homes, industrial warehouses, hotels, shopping centers and other sectors. “said the business representative.
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“The year 2025 is expected to be full of opportunities for Mexico’s real estate sector. The trends that will mark this period not only reflect a change in the way we conceive our homes, work and entertainment spaces, it will also be a call to smart investment,” he commented.
“We will see many developers incorporating sustainable practices and new technologies continuously, in all stages of the process, as well as responding agilely to changes in preferences set by the market,” he said.
By 2025, Real Estate Fibers will allocate 364,551 million pesos for the construction of 223,666 homes in all cities of the Mexican Republic.
Additionally, real estate developers will invest 101,492 million pesos for the construction of 16,232 vacation homes in Cancún, Riviera Maya, Riviera Nayarit, Puerto Vallarta and Los Cabos.
The companies will disburse 51,753 million pesos for the construction of 10,000 business hotel rooms and beach tourist destinations in Mexico.
The interest of real estate firms does not stop until 2025, the year in which they will inject 19,400 million pesos into the development of 250,000 square meters of offices for companies that are arriving in Mexico to invest or install a factory or manufacturing plant, according to with AMEFIBRA.
The Real Estate Fibers will invest more than 71,885 million pesos in the construction of 5.5 million square meters of industrial warehouses, which will be ready to be used by companies from China, Japan, Germany, Spain, the United States and Canada that seek to bring its operations from Asia to Mexico
There is a budget of 16,712 million pesos for the development of 300,000 square meters of shopping centers in the different regions of high population growth in Mexico.
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Since the launch of the first Real Estate Investment Trust in 2011 to date, 15 companies of this type have been established in the Mexican stock market, which represent a total capitalization of 420 billion pesos and the value of their assets. of more than 827 million pesos as a whole.
In the last 13 years, Fibra Uno (Funo), Fibra Mty, Fibra Danhos, Fibra Hotel, Fibra Prologis and others were founded in different sectors, they have achieved significant growth in various segments of the real estate industry, said Josefina Moisés.
Diversified in the industrial, commercial, hotel, office, educational, self-storage and agri-food sectors, said the general director of AMEFIBRA.
Today the 15 Trusts associated with AMEFIBRA represent almost 5 percent of Mexico’s GDP and have more than 2,200 properties in national territory.
These properties total 32.5 million square meters of Gross Rentable Area, which maintain an occupancy of more than 95 percent and generate around 5 million direct and indirect jobs.
In recent years, 9 trusts have issued 24 different bonds for 74 billion pesos in the debt market. Another 5 fibers have issued 15 thematic bonds under ESG (Environmental, Social and Governance) principles for 36 billion pesos.
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