Gicsa Finalizes Agreement for the Sale of Parque Corporativo Lomas Altas

Grupo Gicsa sells Parque Corporativo Lomas Altas for 1,300 million pesos as part of its sustainable capital strategy and long-term growth plan.
The sale of the office building will improve Grupo Gicsa's debt profile and enhance the efficiency of its office portfolio.

Grupo Gicsa sells Parque Corporativo Lomas Altas to strengthen its financial position. Photo: Grupo Gicsa

04/27/2022

Grupo Gicsa has finalized an agreement with a third party for the sale of Parque Corporativo Lomas Altas, a transaction that will reach 1.3 billion pesos.

In a communication to its investors, Gicsa explained that the sale of the office building aligns with its sustainable capital strategy and long-term growth plan. The proceeds from the sale will be used to improve the company's debt profile and optimize its office portfolio.

Lomas Altas, located on Avenida Constituyentes in Mexico City, is a project within Gicsa's development portfolio, with a gross leasable area of 26,345 square meters.

Read the full article (in Spanish)

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