The real estate industry registers positive numbers in the investment, so it will continue on the path of growth and stability with the new government in Mexico.
This was stated by Spencer Levy, Head of Research for America at CBRE; and Yadira Torres-Romero, Market Research Director of CBRE Mexico, during the “Commercial Real Estate” Conference.
The experts of the real estate brokerage firm predicted growth in the real estate market as it has strong sectors, a healthy absorption, a high level of institutionalization, income in dollars and very positive expectations for the coming years.
In particular, the specialist for Mexico indicated that “we have strong indicators that show us that we are on the right track and that allows us to point out that real estate is a very safe asset to invest.” He added that the industrial and technological revolution presents great challenges for Mexico in a multi-dimensional economy with a real estate market where e-commerce, smart cities, health, welfare, labor flexibility, and co-working are shaping the goods industry. estate.
For his part, Spencer Levy indicated that Mexico represents a great opportunity for foreign investment in real estate, since the return is much higher than in the US market. “US, Canadian, Spanish, German and Asian investors are interested in investing in the real estate sector in Mexico,” he added.
The specialists agreed that no surprises will be received for the following months in terms of investments.
Source: Real Estate Market & Lifestyle
The Mazatlan Post