Posadas Launches Sunvivia by Fiesta Americana
Posadas, a prominent hospitality company in Mexico, has introduced its new product, Sunvivia by Fiesta Americana, under the concept of “All in Joy.” This new offering focuses on relaxation and entertainment. The first development of this project will be located in Fiesta Americana Mazatlán, featuring 177 rooms ranging from one to three bedrooms, a children’s area, oceanfront rooms, and two infinity pools with five private jacuzzis offering breathtaking views.
Posadas currently operates in popular tourist destinations such as Los Cabos, Cancún, Puerto Vallarta, and the Riviera Maya.
Gicsa to Pay Bonus This Wednesday
Gicsa, a real estate development company, will distribute a bonus this Wednesday. The bond, issued in 2016 for 111 million pesos, will mature in 2028 with a remaining balance of approximately 6.2 million USD.
The transaction will take place through the Indeval of the Mexican Securities Exchange, originally denominated in UDI’s with the stock ticker “Gicsa 16U.” The operation raised a total of 255 million USD.
Tesla Shares Reach All-Time High
Elon Musk, CEO of Tesla, has reason to be pleased as Tesla shares hit a record high. Despite slow electric vehicle sales, investor confidence has surged due to the advertising boom surrounding Tesla’s robotaxi initiative.
After a 36% drop in the first quarter—the worst performance since 2022—Tesla’s stock has fully recovered, closing at an all-time high of 489.88 USD, a 3.1% increase on Tuesday. Year-to-date, Tesla’s stock is up by 21%.
Invex Sells 20% Stake in Gana Project
Invex, through its parent company, announced the sale of a 20% stake in its Gana (Grupo Autopistas Nacionales) highway project. This move will result in Invex no longer having a stake in the highway project.
The transaction will be executed via FibraeMx certificates, a specialized energy and infrastructure trust with investments in eight highways, sixteen highway sections, and 1,131 kilometers of toll roads. The project was sold for 3,960 million pesos, increasing Invex’s stake in FibraeMx above 20%, giving them significant influence in the company.
La Comer Opens City Market in Baja California
La Comer, a well-known retail chain in Mexico, has opened a new City Market store in Baja California, specifically in San José del Cabo. This upscale grocery store caters to high-income sectors, offering a self-service shopping experience.
La Comer invested 732 million pesos in this project, generating 443 formal jobs—312 direct and 131 indirect. With this addition, La Comer now operates 92 commercial units nationwide.
The new City Market location in San José del Cabo (Paseo de los Cabos 105, Club de Golf Fonatur) spans two floors covering 4,095 square meters and offers over 61,000 products with a parking lot accommodating 132 vehicles.
City Market was established in 2006 as part of Grupo La Comer’s expansion project.
Key Questions and Answers
- What is Posadas’ new product? Sunvivia by Fiesta Americana, focusing on relaxation and entertainment with the first development in Fiesta Americana Mazatlán.
- What is the bonus payment situation for Gicsa? Gicsa will pay a bonus this Wednesday, maturing in 2028 with a remaining balance of approximately 6.2 million USD.
- How are Tesla’s shares performing? After a 36% drop in the first quarter, Tesla’s stock has recovered and reached an all-time high of 489.88 USD, up 21% year-to-date.
- What is Invex’s move regarding the Gana project? Invex sold a 20% stake in the Gana highway project, increasing its influence in FibraeMx above 20%.
- What is La Comer’s recent development? La Comer opened a new City Market store in San José del Cabo, generating 443 formal jobs and offering over 61,000 products across two floors.
