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Hotel Fibra Sets Target

Nov 16, 2012

Mexico’s Grupo GDI has scheduled November 29 as the pricing date for the IPO of its Fibra Hotelera Mexicana, targeting more than MXP4bn ($302m). The transaction will create a fund holding hotel assets, according to regulatory documents, and is...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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