PGI Will Invest 540 Million Pesos in the Construction of a New Warehouse in San Luis Potosí

FUNO, Mexico's largest real estate investment trust, started operations in 2011, pioneering the Fibra concept and driving growth in the Mexican real estate market.

FUNO: The Fibra pioneer driving the Mexican real estate market. Photo: Jinli Guo

12/08/2020

On March 18, 2011, FUNO, Mexico's first and largest real estate investment trust, began its operations in the country with the mission of generating sustainable value for investors through the operation, acquisition, sale, and development of commercial properties.

By becoming the first company within the Mexican stock exchange, it was also responsible for putting the real estate market on the global map of Real Estate. In the midst of a complex global economic scenario, the first Mexican Fibra became a new asset class for institutional and heritage investors, which has allowed, to date, the creation of new financing opportunities for the sector, ten years after its inception.

To achieve this, FUNO contributed deep knowledge that applies to its decision-making process, focusing 100% on real estate, which has led to its growth from an initial portfolio of 13 properties to a wide diversification of a total of 661 as of today, all focused on the commercial, office, industrial, and other segments, which together amount to a gross area of over 10.8 million square meters.

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