Although the country has seen an improvement in the prospects for investors with the intention of acquiring propertyan environment of economic uncertainty and high levels of inflation put caution on operations, according to the Survey on the Sentiment of Investors in Mexico, by CBRE Mexico.
The survey, conducted even before the Russian invasion of Ukraine, indicates that expectations of investment they were reduced 10% compared to the fourth quarter of 2021, however 62% of those surveyed claimed to have higher purchase intentions than last year.
“The survey for this semester asked respondents to identify three of the biggest challenges they face when investing in Mexico. What they consider the greatest challenge, in their opinion, is the existence of an uncertain economic environment. Rising inflation will be the second biggest challenge during 2022”, detailed the report with the conclusions of the survey.
“Another 45% indicated concern about geopolitical stability.”
The most requested
According to the results of the survey, industrial properties, especially logistics services, and real estate multi-family residential, are preferred for a possible acquisition.
Even the investors they would be willing to make offers above the starting prices in the case of industrial-type real estate, contrary to the results of the last survey.
“Survey participants expect the macroeconomic situation for the retail sector to enter an expansion stage, as well as for the multi-family residential, industrial, and logistics services sectors to continue to grow,” according to CBRE results.
“About 79% of the investors they preferred modern facilities for logistics services in large cities as part of an industrial sub-sector”.
Meanwhile, the alternative sectors of preference are those of health and training, since according to the results between investors15% of those surveyed opted for the segment of properties aimed at leisure events, while assets related to the health care sector reached a 13% preference.
Offices, the most cautious sector
Although investors expect demand for corporate space to increase by as much as 10% over the next three years, driven by the recovery in jobs and services, offer prices could still be discounted from their asking price. closing.
As for lodging spaces, CBRE concluded through the survey that, with the hotel and retail sectors continuing to show weakness, properties such as luxury hostels and experience operators could be the most attractive to invest in this year. .
“According to the sentiment of investors, 74% of them still expect a discount for the office space sector, and 67% expect discounts in the retail sales sector,” it was reported.