Real estate developer and fund manager Grupo IGS is set to purchase a Mexican industrial portfolio dubbed Frontera, which consists of 37 warehouses located across the Mexico-U.S. border in the cities of Tijuana, Ciudad Juárez, Reynosa, and Matamoros. The purchase is subject to the approval of the Federal Economic Competition Commission (COFECE).
Grupo IGS
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International real estate firm Hines has announced the sale of industrial and logistics properties located in Mexico to Grupo IGS for an undisclosed amount. (Press Release) Hines, the international real…
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Mexican real estate developer and fund manager Grupo IGS has raised up to MXN$2.7b for its second CKD vehicle. Approximately 60% of the funds will be allocated to the industrial…
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Real Estate Funds in Mexico Move Forward with Development and Expect Higher Returns (en español)
2 April 2017After a brief pause following the U.S. election, private real estate funds investing in Mexico are re-mobilizing. Managers expect higher returns across retail, industrial, hotel, and office assets. (El Economista)…
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Grupo IGS has completed the sale of one of its real estate portfolios, which included buildings located in Tijuana, Irapuato, and Nuevo Nogales, for approximately US$84m. (Press Release) Cuidad de…