On June 14th and 15th, the highly anticipated Family Office & Investors Summit Mexico 2023, organized by Black Bull Investors, successfully concluded at Club 51 within Torre Mayor in Mexico City. The primary objective of Black Bull Investors was to bridge the gap between family office groups in Latin America and institutional investors.

The forum covered various topics, including the real estate markets in the United States, Mexico, and the rest of Latin America, focusing on market trends and nearshoring, among other themes.

One notable session on June 15th brought together Alejandro Delgado, Country Manager Mexico at SiiLA, Elisa Moreno Alcarreca from PGIM Real Estate, and Alberto Bessoudo Sustiel from Meor Mexico, to discuss nearshoring. During his presentation, Delgado emphasized that 2022 was a record-breaking year for gross absorption in Mexico and the expectation that in 2023 this record might be surpassed. Furthermore, he highlighted the increasing presence of Asian companies –particularly from China– in the country, with China ranking as the second-highest nation in terms of absorption in Mexico, just behind the United States.

All three speakers at the forum agreed that Mexico has been the primary beneficiary of companies' expansion and relocation efforts worldwide in recent years. This phenomenon has contributed to Mexico experiencing a historic moment regarding foreign direct investment.

The event brought together various leaders from the real estate sector, including Erez Cohen from URBIUM, Roberto Serrano from SKY Capital, Alejandro Luna from CONQUER, and Baloys Tiburcio. These industry experts exchanged perspectives and shared their experiences with various participants related to the sector.