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SMI - GERAL Q1 2026
+0.64 % 291.76
=
INCOME RETURN
+2.21 % +
APPRECIATION RETURN
-1.57 %
USD / MXN
0.00 % 17.48
GDP (Quarterly, Millions)
-1.24 % 29,325,765.23 PTS
CPI
0.00 % 4.45 PTS
Reference Rate
0.00 % 6.50 PTS
Closing IPC
-1.86 % 66,141.38 PTS
UDIs
0.00 % 8.83 PTS

The Construction of The Sky Begins: Merida's First Skyscraper

  • Construction has commenced on The Sky, the first skyscraper in Mérida, with an investment exceeding 1,800 million pesos. It is slated for completion by late 2023.
The Sky is a skyscraper that redefines Merida's skyline and connectivity. Photo: Sky Capital.
The Sky is a skyscraper that redefines Merida's skyline and connectivity. Photo: Sky Capital.
04/22/2021
The Government of Yucatan, together with Sky Capital partners, kicked off the construction process of The Sky multi-acclimatization skyscraper in the city of Merida. 

The investment for this project exceeds 1.8 billion MXN and will be ready by the end of 2023 if everything goes according to the plan. 

The building will have a height of 160 meters and 36 stories, and six parking levels, plus 20 elevators that will connect the shopping center with the medical centers, restaurants, offices, corporate and the terrace.

Latam
Mexico
National
Office
Market Analytics
Development

ABOUT SiiLA

Founded in 2015, SiiLA is the industry leading REsource for comprehensive commercial real estate market insights, news and events across Latin America. The SiiLA suite of innovative products drive greater accuracy, efficiency, and strategic advantages for top players in the commercial real estate industry.

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Transactions


Wu Kouyue leads Xusheng Leoch Battery, one of the companies that absorbed the most industrial space in Q1 2026. Photo: SiiLA.
Absorption Falls, Not Demand in Mexico’s Industrial Market
Héctor Ibarzabal leads FIBRA Prologis, which recently acquired an Amazon-occupied logistics facility in Lerma, State of Mexico. Photo: SiiLA.
$94M in Lerma: A Deal That Explains FIBRA Prologis’ Growth

Nearshoring

Hichem Elloumi leads COFICAB, an automotive wiring company, and one of the auto parts firms that absorbed the most industrial space in Q12026. Photo: SiiLA.
Between Importing and Exporting: Mexico Does Not Substitute Auto Parts, It Needs Them to Export
James Li leads Honor, which absorbed space in Hofusan in 2026. Photo: SiiLA.
Hofusan and the Limits of Asia’s Industrial Model in Mexico

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