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Competition to build the tallest skyscrapers in Mexico—and even in Latin America—has intensified in recent years, particularly among developers in Mexico City and Monterrey. In this context, office space remains the dominant segment in high-rise skyscrapers, integrating highly efficient corporate…
Read moreMexico’s industrial real estate market is experiencing a period of growth. Industrial buildings have become some of the most in-demand assets, driven by the nearshoring phenomenon and the arrival of foreign direct investment—totaling $12.2 billion USD by the end of the first quarter of the year.…
Read moreConstruction starts of industrial buildings nationwide recorded a 24% contraction during 2Q 2024 compared to the previous quarter. This is the second consecutive quarter with a downward trend in industrial construction, driven by caution from developers due to the election year and the need for…
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