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Mexico Valley Zone Consolidates its Industrial Real Estate Recovery



In the first quarter of 2022, the Metropolitan Zone of the Valley of Mexico registered an absorption of industrial real estate space of 250,000 square meters (M2), which represented an increase of 7% over the same period of 2021, according to figures from the consulting firm SiiLA.


Thus, the central area of the country, focused mainly on logistics space, maintained the pace of demand for industrial real estate space registered last year, after the impact of the arrival of Covid-19 to Mexico in 2020.


"2020 was the year with the lowest absorption since 2019, this caused in part by the health crisis of Covid-19 which, in turn, would boost demand for new spaces, due to the growth of e-commerce and investment of startups in the same line of business and logistics," explained Carla González, analyst at SiiLA, in her report.


Read the full article (in Spanish)