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Real Estate Briefing - Categorized | IPOs/Stock Market, REITs more

Mexican stock market gets its first real estate trust

Posted on 18 March 2011

The first real estate investment trust to be listed on Mexico’s stock exchange launched Thursday with an initial public offering that raised 3.62 billion pesos ($300 million).
The trust, Fibra Uno, said in a press release that it sold 185.4 million certificates at 19.50 pesos ($1.61) each. The certificates will trade like shares on the exchange……………………………………….Full Article: Source


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