FHipo, the first real estate investment trust (REIT) specializing in acquiring, originating, co-participating, managing, and administering portfolios of mortgage loans in Mexico, has announced its decision to list its securities "FHIPO14" on the Bolsa Institucional de Valores (BIVA).
In a statement, FHipo highlighted that its technical committee approved the change during its ordinary session held on April 29, 2021. The decision to move to BIVA was influenced by the competitive pricing, volume, and market conditions offered by the exchange.
Recently, FHipo also issued fiduciary trust certificates worth 2.5 billion pesos with a 30-year term on BIVA, aiming to optimize its liabilities and support its growth. FHipo plays a crucial role in financing residential housing in Mexico, improving mortgage terms and conditions for Mexican workers. The company allows public investors to access residential mortgage portfolios, contributing to the country's housing financing objectives.
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