Inmobilia, a Yucatecan real estate development company, successfully listed its debut CKD vehicle for up to MXN$6 billion on the Mexican Stock Exchange (BMV). The firm plans to invest in 28 residential and commercial real estate projects.

(Real Estate Market & Lifestyle) In the CKD placement prospectus, a pipeline was included that includes 28 projects to be developed.

The CKD with slate key INMOBCK18 was placed through Casa de Bolsa Banorte and made Inmobilia the first Yucatecan company to issue capital in the BMV and the first real estate fund in Southern Mexico.

Through a statement the company said that “the resources received through the CKD will be used to strengthen the presence of Inmobilia in various key sectors for the organization, such as the growing residential and residential plus market, mixed-use projects, tourism, corporate parks and hospitals, among many more. ”

The company has developed 34 residential and mixed-use projects during its trajectory, which represent 727 million dollars of committed capital and more than 4.4 million square meters (m2) of gross profitable or salable area in the sectors considered key, between the commercial, touristic, mixed use, residential and corporate.

Some of the most impressive projects of the company include Yucatan Country Club, Vía Montejo and Country Towers in Mérida, among many others.