Fibra Uno is awaiting approval of the nation’s antitrust commission, known as Cofeco, to finalize the purchases, Rubina told reporters in New York today. The five portfolios include 20 campuses of a university, office buildings, 13 retail properties, seven plots of land and three shopping malls in Mexico City, he said.
“The more we grow, the more difficult it will be to find interesting portfolios to invest in,” said Robina. “We are really taking the opportunities we find.”
Fibra Uno, the first to test Mexico’s tax-advantaged REIT structure, is benefiting from acquisitions that boosted net operating income . . .
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