July 17, 2013
The Fibra Macquarie Mexico real estate fund has agreed to spend MXP2.8bn ($
The Fibra Macquarie Mexico real estate fund has agreed to spend MXP2.8bn ($222m) on a portfolio of six commercial properties, it says. The deal with Inmobiliario Carr includes an additional contingent payout MXP84.4m. The Macquarie fund plans to pay about MXP1bn with the issuance of 37.6m shares, and the rest with cash, possibly using credit lines. The package includes four commercial properties, one mixed use development under construction and an office building.