Macquarie Breaks New Fibra Ground

Dec 14, 2012

Macquarie’s Mexican real estate operation has priced a MXP14.95bn ($1.17bn) Fibra transaction, the region’s largest-ever real estate IPO. Though it comes in at the bottom of the price range, comfortably oversubscribed books offer continued demonstration of investors using real estate exposure to play Mexico’s expected growth story. The Macquarie Mexican REIT, as it is being called in...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management