Finsa plans more CKDs

Finsa plans more CKDs

Equity Capital Markets Corporate & Sovereign Strategy Asset Management Funds M&A Mexico US

Mexico's Finsa said it could issue more development equity certificates, known as CKDs, now that it has sold 74 properties for $841 million to the local real estate investment trust Fibra Uno. "We are excited about the good results of our first CKD and we will keep betting on this investment vehicle to attract capital and continue with industrial real estate development in Mexico," Finsa CEO Sergio Argüelles said in a statement. Finsa and its partner, the US private equity real estate manager Wa

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