Wednesday, August 14, 2013
Pierden vivienderas grandes, ganan chicas
| El Financiero | Desarrolladores | Pág. 24 | Autor: Claudia Alcántara |
Nota Publicada: 2013-08-14
________________________________________
Mientras que las empresas públicas del sector vivienda reducen el volumen de nuevos proyectos a construir, las pequeñas vivienderas aceleran su producción y buscan captar mayor participación de mercado.
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
- See more at:
http://www.worldpropertychannel.com/latin-america-commercial-news/mexico-real-estate-reits-mexican-government-reform-planigrupo-shopping-malls-6901.php#sthash.fgR5FarI.ZMmdJQGk.dpuf
Nota Publicada: 2013-08-14
________________________________________
Mientras que las empresas públicas del sector vivienda reducen el volumen de nuevos proyectos a construir, las pequeñas vivienderas aceleran su producción y buscan captar mayor participación de mercado.
En
los primeros 7 meses del año, las desarrolladoras de vivienda que
cotizan en la Bolsa Mexicana de Valores inscribieron en el Registro
Único de Vivienda (RUV) 22,335 unidades, lo que representó una caída de
38.8%, frente a igual periodo del año anterior.
Empresas como Geo, Homex, Urbi, Sare y Ara dejaron de inscribir un total de 14,187 casas, de enero a julio de este año.
Gene
Towle, socio director de la consultora Softec, indicó que lo que se ha
observado en el país es que no se están arrancando proyectos al mismo
ritmo que el año pasado y una de las razones es que Geo, Urbi y Homex
básicamente están fuera del mercado, y ellas representaban el 30% de las
ventas totales.
Pequeñas al ataque
Las
2,720 empresas pequeñas tuvieron un crecimiento en la participación del
registro de viviendas de 6 puntos porcentuales, al pasar de 31% de
enero-julio de 2012, al 37% de enero-julio de 2013.
Respecto al volumen de viviendas registradas por las pequeñas, este se ubicó en 60,646.
Aída
Roel, directora del RUV, indicó que han visto una pulverización del
mercado de vivienda en el país, proceso que inició el año pasado, pero
en éste se acentuó.
La
funcionaria detalló que han visto mayor actividad registral entre los
constructores más pequeños (con un nivel de construcción menor a 158
unidades por año), por lo que en lugar de que existan más vivienderas
edificando 6,000 unidades, hay 10 que construyen 600.
“En
cuanto le dices (al constructor pequeño) que el enfoque es hacia las
mejores ubicaciones, va y compra tierra con esta característica. Él no
tenía dinero para comprar reserva para 2015, 2016, 2017, pero su modelo
de negocio es muy flexible, por lo que si hay un buen terreno, lo
compra”, dijo.
La
estructura de las pequeñas empresas les permite tener la agilidad
suficiente para llenar el hueco que dejaron otras, consideró Manuel
García Maass, vicepresidente de Urbanismo y Sustentabilidad de la Cámara
Nacional de Desarrollo y Promoción de Vivienda, Valle de México.
http://www.softec.com.mx/boletin/index.php?option=com_content&view=article&id=680:pierden-vivienderas-grandes-ganan-chicas&catid=43:notadia&Itemid=164
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
Real Estate News | Latin America Commercial News
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
Real Estate News | Latin America Commercial News
Investors Targeting Mexico Real Estate
By WPC Staff | May 29, 2013 2:25 PM ET
A flurry of recent deals has signaled renewed investor interest in Mexico's commercial real estate market.
Investors are betting the country's real estate market will get a boost from President Nieto's economic reforms and the introduction of REITs, which could fuel demand for offices, hotels and shopping malls, according to the Financial Times, in an article headlined, "Mexico's red hot real estate market."
Planigrupo Management, a Mexican invest fund specializing in commercial real estate, acquired nine shopping malls for $255 million last week, the Financial Times reports. The fund bought another shopping center in the city of Monterrey for $31 million last November, reports FT.
The real estate market has experienced an influx of capital since the introduction of REITs in 2011, offering investors a new vehicle to access the property market. Since REITs began trading, financial firms have raised $4.6 billion from local and foreign investors, the FT reports.
The international activity in property is a contrast to signs of a slowdown in the overall Mexican economy. After a big run-up in 2012, the rate of foreign investment in Mexican stocks fell by almost 50 percent in the first quarter of 2013, according to central bank data.
But there has been no slowdown in property deals, which often involve international capital.
Canadian real estate company Reichman International recently partnered up with REIT Fibra Uno to invest $165 million in a 33-story office and commercial tower in Mexico City known as Torre Diana. It will be meters away from Mexico's tallest building, the 55-story Torre Mayor.
Yet, some analysts remain wary of Mexico, concerned too many players are chasing deals.
"It is a limited pool of assets they can go after, so the (capitalization) rates will definitely be coming down," BlackRock's Latin American fund manager, Will Landers, told Reuters.
Commercial real estate is not the only sector attracting attention. The Mexican government has also taken historic steps to change rules for foreigners buying residential property in coastal areas, increasing investor interest.
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