Sura's Most Recent Acquisition in the North of the Country



According to a company press release, the division in charge of investment management concluded the acquisition of an industrial property located in Ciudad Juarez, Chihuahua, last November 2021.

The property, located in the Centro submarket, has 28,000 m2 of gross rentable area, with a type A classification and 100% occupancy by the electronics company Johnson Controls.

Regarding the details of the transaction, this purchase is considered Sura's incursion into the real estate market, with a goal to continue investing in the industrial asset and to have dollarized contracts. The purchase was made in conjunction with Grupo Patio, a company that develops, finances and manages different properties for rent.

The acquisition was completed for a sum in excess of US$19 million, the cap rate of which was published in SiiLA shortly after the transaction was announced.

Find out all the details of this and other transactions at siila.com.mx