The Pandemic Exhorts FIBRAs to Diversify and Seek Mergers

Fibra Prologis, the main industrial real estate player in the country, was the trust that achieved the best results at the end of last year, with more than 12.5 million m² in leased industrial warehouse contracts, a portfolio occupancy of 97.1 percent and more than 438 million dollars in acquisition of new properties for e-commerce, manufacturing and logistics.

"Fibra Prologis increased its revenues the most, it is worth mentioning that they were making acquisitions throughout the year, they acquired a total of 12 properties in Monterrey, Mexico City, Guadalajara and Ciudad Juarez, these properties helped their revenues increase during 2020," stated Alejandro Delgado, Director of Operations at SiiLA México.

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