Queretaro, Qro. Two years after the first effects of the Covid-19 pandemic, shopping malls in the state are beginning to recover the vacancy of premises that they had after the health and economic crisis.
They are currently on average 70% occupancyaccording to reports of 25 places associated with the National Chamber of Commerce, Services and Tourism (Kanaco Servitur) of Querétaro, because of every 10 locals around seven are occupied, explained the state president of the chamber, Fabián Camacho Arredondo.
With the first impacts of the pandemic, these commercial areas reported an average vacancy of 40% in their premises.
The occupation of commercial spaces, he explained, is related to various phenomena: the opening of new businesses, relocations and the expansion of both local and national franchises.
“There is a recovery process that responds to new elements: businesses that are coming to Querétaro and see valuable places for their businesses; two, businesses that seek relocation and that identify that shopping malls are important for the concentration of consumption”, he explained.
After the impact of the pandemic, he added, shopping malls continue to be an alternative to guarantee a constant flow of potential customers.
In order to encourage the recovery of spaces in these commercial areas, the chamber works hand in hand with promoters affiliated with the State Council of Real Estate Professionals of the state (Cepiq), with the purpose of promoting the occupation of the squares.
“Particularly in shopping malls that have a significant flow, in the metropolitan area, is where the businesses that arrive seek to settle (…) That can represent a constant flow of people who come to compare,” he said.
Currently the chamber of commerce is aware of four investment projects for new shopping malls, which will be located in popular areas of the metropolitan area; In total, they will provide 800 new premises.
Meanwhile, after the Federal Chamber of Deputies rejected the federal executive’s electricity reform proposal, the local leader of Canaco declared that the result was positive.
He explained that the decision gives certainty to the development of both national and foreign investments in the matter.
“The decision that was made gives certainty to be able to generate the development of investments, therefore, the vote that is given is positive, because it provides legal certainty to those investments that are generated from the country and that from other nations can reach Mexico” , he referred.
In this regard, the president of the Querétaro Business Center of the Employers’ Confederation of the Mexican Republic (Coparmex), Jorge Camacho, celebrated the result of the vote, stating that the reform went against free competition, compliance with international treaties, in addition to causing legal uncertainty to investments in the industry.