Fibra Uno Adds Portfolio

Mexico’s Fibra Uno, a real estate income trust, has agreed to purchase a package of real estate assets totaling MXP11.6bn ($881m), it says. The deal includes the assumption of MXP8.4bn in debt. The package includes 7 commercial complexes, 5 office buildings, 3 industrial properties and the concession to operate a commercial area within a port complex, located in the states of Quintana Roo, Jalisco, Nuevo Leon, Nayarit and Mexico, and in Mexico City. The transaction is expected to close by year-end. Fibra Uno has raised MXP12.5bn in two visits to the capital markets, becoming the first and so far only real estate trust in Mexico.