Fibra Uno list Mega offer on the Stock Exchange, Investment in Mexico

Fibra Uno list Mega offer on the Stock Exchange, Investment in Mexico

 

Fibra Uno put the amount of 694 million dollars in the Mexican Stock Exchange (BMV) and United States, of which 56% was between national investors and 44% with foreigners. "Last year foreigners took 23% of the offer, which almost doubled what was taken last week among foreign investors, with an operation twice the size," said Augusto Arellano, director of Protego Asesores, the placement agent .

A second primary public offering of Certificados Bursátiles Fiduciarios Inmobiliarios (CBFIs) was made at a price of 23.75 pesos per CBFI, barely 3% below the level at which it ended its quotation from before.

Its first offer of this type of instruments was made in March 2011 for 3,615 million pesos (mdp) or its equivalent to about 290 million dollars, after a frustrated attempt in February.

For the executive, the fact that foreigners have doubled the percentage of their share in the total offer speaks very well of an instrument that emerged just last year.

Fiber will triple size

The company will seek to make in the following months a portfolio of 340 properties with a value of 23,000 mdp. If the purchase of these assets materializes, the value of the firm will increase from 10,000 to 33,000 mdp, that is, it will increase by more than 3 times its size.

Based on your prospectus of placement, the purchase of the properties mentioned (which include industrial buildings, offices and shopping centers) will be financed in one third with the resources obtained in last week's equity placement (694 mdd). Will make investments in mexico city

Fibra Uno is a Mexican trust created primarily to acquire, own, develop and operate a diverse range of properties in Mexico, including industrial, commercial, tourist, office and mixed-use properties.