Introduction to Fibra Next and its Parent Company, Fibra Uno
Fibra Next, a newly established real estate investment trust (REIT) created by Fibra Uno (FUNO), has made its debut on the Mexican Stock Exchange (BMV). Despite the prevailing global trade uncertainty fueled by U.S. President Donald Trump, Fibra Next’s leadership remains optimistic about growth opportunities.
Fibra Next’s Strategic Position in the Mexican Market
Gonzalo Robina, FUNO’s General Manager, emphasized Mexico’s advantageous position amidst global trade negotiations and tariffs. He stated, “Mexico will be the most benefited country; we have a privileged position within all these negotiations and tariffs.”
Robina further explained that Fibra Next’s assets, primarily located in central Mexico and predominantly in the logistics and storage sectors, are not directly affected by nearshoring trends. Only 25% of their properties lie in manufacturing light sectors.
Jorge Pigeon Solórzano, Fibra Next’s Vice President of Capital Markets, highlighted the correlation between nearshoring and logistics demand. He noted, “There is a significant opportunity in the current market, where consumption and logistics demand are high. For every square meter of light manufacturing established in the country, two square meters of logistics space are required.”
Upcoming Portfolio Acquisition and Future Goals
In the coming months, Fibra Next will acquire a portfolio of 183 industrial properties from FUNO, totaling over 6 million square meters of Gross Leasable Area (GLA). The five-year target for Fibra Next is to reach 22 million square meters and become the leading industrial class A segment player in Mexico.
With the recent public offering raising $436 million, Fibra Next plans to execute strategic acquisitions to bolster its position in the Mexican real estate market.
Key Questions and Answers
- What is Fibra Next? Fibra Next is a newly created real estate investment trust (REIT) by Fibra Uno, listed on the Mexican Stock Exchange (BMV).
- Why is Fibra Next optimistic despite global trade uncertainty? Fibra Next’s leadership believes Mexico will benefit from global trade negotiations and tariffs, positioning the company favorably.
- How does Fibra Next’s portfolio differ from nearshoring trends? Most of Fibra Next’s assets are in central Mexico, primarily in logistics and storage sectors, with only 25% in light manufacturing. This minimizes direct exposure to nearshoring trends.
- What are Fibra Next’s future goals? Fibra Next aims to reach 22 million square meters of GLA within five years and become the leading industrial class A segment player in Mexico.
- How will Fibra Next fund its acquisitions? Fibra Next raised $436 million in a recent public offering, which will be used for strategic acquisitions to strengthen its position in the Mexican real estate market.
