Second Mexican REIT Filed

Construtora Planigrupo has registered to sell a Fibra, or Mexican REIT, becoming the second entity to do so. The developer and operator of commercial centers plans to create a trust to acquire and develop new projects, according to regulatory documents. It has set a target of MXP2.75bn for the transaction, to be managed by Ixe, with Goldman Sachs as structuring agent. It does not indicate timing for the transaction. US real estate-focused private equity investor Walton Street is co-investing $28m, according to the documents.