The Mexican stock market (BMV) advances in line with global optimism

Since 2019, investments from the Asian giant have accounted for 40% of the accumulated demand for space in the country.

By the end of 2023, the demand (occupancy) for industrial spaces due to nearshoring (business relocation) reached almost 1.7 million square meters (m2), a 5% growth compared to 2022, according to CBRE Mexico.

According to the real estate services firm, from 2019 to 2023, investments from China constituted 40% of the total accumulated space demand in Mexico.

Following China, the United States accounted for 22% of the resources invested in the occupancy of industrial spaces, while Germany and Taiwan trailed behind with 9% and 8%, respectively.

Furthermore, the industrial market saw a 16% increase in net absorption, largely driven by the delivery of pre-leased properties due to the high demand for space to accommodate both national and foreign companies. This also resulted in the national average availability decreasing by 2 percent.