Macquarie Breaks New Fibra Ground

Macquarie Breaks New Fibra Ground

Mexico Equity Australia

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 marketing, priced 598m shares, including a 15% greenshoe, at MXP25.00 each, versus a MXP25.00-MXP29.00 range. The

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial