Mexican Real Estate Investment Trusts are becoming more popular with both domestic and foreign investors opting for this form of investment which is currently outperforming the wider stock market.
The trusts, known as fibras in Mexico, were debuted in the country in 2011 with the launch of the Fibra Uno which was the only trust until late 2012 when others entered the market. The others now include Fibra Hotel, Fibra Macquarie, Fibra Inn and Terrafina.
‘The attraction at the heart of the fibra is the ability to invest in property without having to buy a building,’ said Andre El-Mann . . .
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