While Macquarie’s IPO may be taking the spotlight this week, the pioneer of the Fibra class, Fibra Uno, is remaining active. The fund controlled by the El-Mann family is planning to buy a 30-property portfolio that should mean a MXP18.4bn ($1.44bn) investment, Fibra Uno says. About 76% is industrial property, with the remainder commercial and office space. Highlighted by the Torre Reforma Latino, the portfolio has 21 properties generating income and 9 in development. The portfolio is estimated to be generating MXP860m annually. Some 46% of the payment will be in shares, 23% in assumed debt and the remainder in funds for construction investments.