AMPIP Maintains Good Prospects for Industrial Real Estate

This growth has been attributed to high demand and occupancy of spaces, resulting from the arrival of numerous international companies. According to Sergio Argüelles, president of the Mexican Association of Private Industrial Parks (AMPIP), occupancy tripled during 2021 due to the influx of American and Asian companies, representing 41% and 8% respectively, while Mexico itself recorded a demand of 14%.

In an interview with Inmobiliare, Argüelles highlights the positive prospects of the industrial real estate sector, attributing its success to various contextual factors such as the growth of e-commerce, the trade war between China and the United States, and the trend of nearshoring to the region. 

He emphasizes the existence of opportunities and the importance of being prepared to seize them. The president of AMPIP explains that these factors have created a favorable scenario for Mexico, as companies seek to establish their operations in the country to reduce logistics and distribution costs. Among the cities with the highest demand and occupancy are Tijuana, Ciudad Juárez, Mexico City, and Monterrey, which together account for 60% of national occupancy. Argüelles points out that most industrial parks are located in markets primarily focused on industrial or logistical activities, mainly in the central states, although their presence has recently expanded to the south and other northern entities. Regarding manufacturing, the presence is highlighted in the northern states bordering the United States, while the Bajío region, home to 12 out of the 19 automotive manufacturers present in Mexico, exhibits a strong integration of supply chains for the automotive industry. AMPIP has identified five strategic pillars to strengthen the sector in the next two years, according to the CEO of Finsa. 

The first pillar focuses on the energy topic, considering short and medium-term needs and opportunities. The second pillar focuses on the infrastructure and security required by industrial parks, particularly in technological matters.