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The arrival of the coronavirus (covid-19) had very significant effects on the real estate segment in all its branches; However the industry market It has been one of those that have shown an immediate recovery, good dynamism in recent months and, in addition, has good prospects for 2022.

For this year, factors such as the development of the Treaty between the United States, Canada and Mexico (T-MEC), as well as the interest of the European and Asian markets to bring investments to the country, give good prospects for this segment; however, there are challenges for this industry, such as the availability of electricity, security and inflation that could reduce the dynamism it has had in recent months.

According to data from the real estate information firm Solili, during 2021, the segment real estate industrial reported a demand close to 6.6 million square meters, of spaces both class A, B and C, that is, 70% more than what was demanded in 2020.

According to Pablo López Gallardo, director of Market Research at the real estate information firm Solili, one of the main characteristics of the industry sector, and what has helped in its full recovery, is its resilience and institutionality, which have been mixed with the high levels of demand that occur in some areas of the country.

“We are seeing that basically the manufacturing reactivation and all the positive factors that have specifically impacted this segment have made this market the largest demander at the national level… Basically we are witnessing a very good behavior with very good availability rates in most of the the markets”, highlighted López Gallardo.

For the director of Solili, although at the national level the behavior of the industry segment it has been good, there is a disparity with respect to entities and regions, since both the north of the country and the center show positive numbers, the Bajío has remained stagnant and has had a hard time recovering the dynamism it had a few years ago with the arrival of investments of the automotive industry in this part of the country.

“Growth has not occurred homogeneously in the country, some regions have grown more than others: we have the border strip, which has been the main claimant today, or the north of the country; Mexico City that continues to grow and we have a Bajío that is practically stagnant and has not been able to recover the levels that they had in the pre-pandemic”, pointed out the Solili analyst.

factors

López Gallardo noted that there are factors that give one region a better perspective than another, for example, border cities have attracted the attention of Asian and European companies to install their work spaces, due to their proximity to the United States. In addition, the T-MEC It has generated tax incentives for exports to the neighboring country to the north or Canada.

On the other hand, according to López Gallardo, is the Bajío region, where although the logistics industry has increased its presence, the manufacturing industry has been more withdrawn due to the fact that there has not been a total reactivation of the automotive section.

The specialist attributed the issue of the dynamism of electronic commerce to the growth of industrial property market that has been held in Mexico City. “In the center of the country we are having important demands from the logistics industry, rather from electronic commerce.”

Despite this favorable scenario, López Gallardo indicated that it is necessary to take into account certain challenges that the industry segment such as, for example, meeting the demand for electricity, inflation in construction supplies, insecurity and even the limited availability of spaces that are already beginning to be noticed in entities such as Tijuana.

“We have challenges such as electricity, security in some cases, but from then on we see a fairly solid market, with growth rates during 2022,” said the specialist.

  • 6.6 million square meters, was the demand for 2022, which was 70% higher than that of 2020.
  • 1.4 million square meters of industrial spaces were leased in Monterrey during 2021.
  • 1.3 million square meters were leased in CDMX during the previous year.
  • 1 percent of the inventory in Tijuana is available as in Ciudad Juárez and Mexicali.

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