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Mexican real estate investment trust upbeat on prospects

Posted on 28 March 2012

Mexico’s lone real estate investment trust is optimistic about prospects for growth in the sector, and could soon face competition for investors as at least one other trust lines up to list on the local stock exchange, officials said Tuesday.
Fibra Uno, which a year ago became the first real estate trust–”fibra” by its Spanish acronym–on the local market, last week conducted a follow-up primary offering of certificates for 8.9 billion pesos ($700 million) in a local and international placement………………………………………..Full Article: Source


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