Industrial Real Estate: The Case For Mexico

Executive Summary

  • Mexico industrial rent growth is surging and we expect it to continue - even after impressive rent uplift
  • Nearshoring needs and the USMCA elevated Mexico as an important manufacturing location for U.S. demand, supporting ongoing expansion and industrial demand
  • Mexico's country risk premium and expected rent growth have increased over two years, balancing each other and supporting fair market pricing today
  • The incoming Trump administration will push for higher trade barriers with Mexico (see page 4 for more background), raising downside risks to our base case outlook for high rent growth and investor demand

Mexico Industrial Real Estate

Investing in industrial real estate in Mexico since 2002.