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

Managing 50+ million square feet of industrial real estate across 300+ properties in Mexico

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