The industrial real estate it is experiencing a boom, due to certain conditions in the country; however, for this good moment to be sustainable over time, the power supply for the next few years.
During a forum organized by the Mexican Association of Intelligent and Sustainable Building about the real estate situation specialists agreed that the more activities begin to resume, various segments recover, such as the Offices and the commercialin addition to the fact that the great winner in this period of pandemic has been the industrial by the country’s manufacturing activity, especially in the northern border.
In this context, Ernesto Rodríguez, Vice President of Capital Markets of the CBRE firm, indicated that, despite the good moment of the industrial real estatederived from commercial ties with the United States, the great risk that would threaten this good moment would be the lack of energy, especially in the north, where there has been a high demand for industrial buildings.
“The industry sector it will continue to grow, since we have the border with the United States, where every minute 1 million dollars cross between the United States and Mexico; however, in such an integrated and gigantic economy, the big risk to growth (of the industrial real estate) is that there is no electricity,” explained Rodríguez.
The director of CBRE pointed out that, in a context of the discussion of the electrical reformit should be considered that the manufacturing industry has guaranteed energy supply, otherwise, the growth of the industrial real estate sector will stop due to the impact of the affected firms.
Rodríguez pointed out that investors undoubtedly want to participate in this segment and, still, there are conditions for capital to reach it, such as interest rates.
perspectives
In matters of commercial marketRodríguez pointed out that, given the recovery of this and the new reality, it is possible that many shopping centers will undergo a transformation and those that are better conceptualized will be the ones with the best prospects in the future.
“The market is recomposing itself, we are going to see different players and we are going to return to having interesting operations. Are we going to return to having 3,000 million dollars in retail soon, as it was before? I don’t think so, because the truth today is that we did not reach 50 million or 100 million dollars of retail operations”, highlighted the CBRE executive.
Regarding the office segment, the specialist indicated that although there could be a recovery, the great issue to invest in it is that prices are very varied, which causes noise for investors to bet their capital on it.