We build opens an office in Queretaro and will invest 600 million pesos

Last Thursday, WeBuild inaugurated its new offices in the city of Queretaro. The real estate crowdfunding company also announced that it would invest 600 million pesos and generate 500 direct jobs over this year. Construction and real estate services companies rank seventh among the productive sectors with the highest square meter occupancy in the Queretaro office market. According to SiiLA Market Analytics, these companies' square meter occupancy increased by 6.5% in the last year.

The Government of Queretaro recently stated that the real estate sector "represents almost 10 percent of the state's Gross Domestic Product."

WeBuild invests in various properties, including shopping centers, gas stations, industrial parks, housing, and short-term rental developments. With the investment of more than 70 thousand people and associates, the company has a portfolio of over 35 successful projects, including commercial properties in Centro Zibata and Centro Mirador in Queretaro.

According to WeBuild's CFO, Alejandro Caceres, the Mexican company primarily comprises young talent with an average age below 30. He also announced that in the last 18 months, WeBuild had sales of 180 million pesos through two projects.

If you want more information and insights on Mexico's commercial real estate market, please visit SiiLA or write to contacto@siila.com.mx.