SiiLA Mexico launches new real estate index

SiiLA México introduces SMI, an index to evaluate commercial real estate.

SiiLA México introduces SMI, an index for commercial real estate. Photo: Umnat Seebuaphan's Images

12/02/2021

SiiLA has introduced the new real estate index called SiiLA México Index (SMI), which provides a comparative analysis of the performance and valuation of commercial office and industrial properties in the country. Alejandro Delgado, Country Manager Mexico, explained that the index utilizes a methodology that includes data such as average closing prices, availability rates, occupancy costs, and capitalization rates.

During the SMI presentation, comparisons were made with fixed-income instruments such as the Banxico 10-year bond, as well as other indices like the S&P/BMV FIBRAS Index and the SiiLA Brasil Index, which employ the same methodology to analyze commercial real estate markets in Brazil.The introduction of the SiiLA México Index took place within the framework of the event "Oficinas & Logística en México: Análisis de mercado y percepción de los expertos" (Offices & Logistics in Mexico: Market Analysis and Expert Perception), organized by the GRI Club.

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