Overview of Fibra Mty’s Industrial Investment Plans
Fibra Mty, a real estate investment trust (REIT), plans to boost its investments in the industrial sector, driven by the performance of its operations so far in 2025. According to Jorge Ávalos Carpinteyro, the general director of Fibra Mty, the company is currently analyzing investment projects totaling over 500 million dollars in industrial properties located in Nuevo León, Coahuila, Querétaro, Guanajuato, and the Valle de México.
Advanced Negotiations and New Acquisitions
Within this amount, Fibra Mty maintains advanced negotiations of approximately 120 million dollars, which could be finalized before the end of the year. During the third quarter of 2025, Fibra Mty’s total revenues grew by 15.6% annually, while its Operating Net Income (ION) increased by 17.4%, driven by new acquisitions and industrial expansions.
- Key assets that strengthened Fibra Mty’s portfolio include the integration of the MeLi León property, the Batach Portfolio, and the delivery of expansions in various properties.
- The company observed an increase in tenant activity, which boosted its development pipeline by approximately 50 million dollars in additional projects.
Opportunity Amidst T-MEC Review Process
As the formal review process of the Mexico-United States-Canada Agreement (T-MEC) begins, set to conclude by mid-2026, Ávalos highlighted Mexico’s strong position compared to competing economies.
- Despite potential adjustments, Mexico remains optimistic about its competitiveness, supported by access to skilled labor at attractive costs, a younger demographic, more accessible industrial rents, and a strategic geographical location.
- These factors maintain Mexico’s attractiveness, even under more restrictive tariff scenarios. The primary industrial markets have shown signs of recovery following the impact of tariffs.
Financial Capacity
In this context, Fibra Mty has available cash and a current leverage level that allows for potential investments of up to 450 million dollars.
- The REIT is also examining divestitures amounting to approximately 2,350 million pesos, mainly in office buildings. This would increase its purchasing capacity to strengthen its industrial portfolio.
- In line with this strategy, Fibra Mty recently completed the sale of the Fortaleza building and signed an agreement for the sale of the Moradas Towers, nearly finalizing its divestiture of underperforming assets.
- “Once this last transaction is completed, we will have practically concluded the divestiture of assets classified as underperforming, in accordance with the commitment established with investors during the 2024 capital emission,” Ávalos pointed out.
