What does Mexico need to do to attract more nearshoring investment and continue showing the world that the high occupancy rate in industrial parks and the constant announcements of companies settling in the country is a trend that will only keep on growing? There is indeed a lot of work to be done, but there are four specific actions that will be crucial in attracting foreign companies.
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Manufacturing companies lead the real estate landscape, occupying 55% of the gross leasable industrial area in Mexico. Consumer goods, as well as transportation and logistics companies, occupy 19% and 9%, respectively. Given that foreign direct investment in Mexico broke the record ($29.041 billion USD) in the first semester of 2023, the positive effects could soon be felt in industrial real estate.
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The need to bring production and operations closer to the final consumer has increased considerably since the pandemic, and Mexico has become a preferred destination in this subject.
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It is crucial to understand how changes in the U.S. economy affect industrial space construction and use in Mexico.
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Relocating Asian companies to Mexico brings new opportunities and economic growth to the country.
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The availability of tailor-made industrial spaces is a great incentive for foreign direct investment.
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More people are becoming more aware of the need for ESG criteria and their implementation in real estate developments in the industrial sector.
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Thanks to its strategic location, Queretaro is now the location with the most demand to build data centers.
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The Guanajuato industrial corridor is one of the main industrial corridors in Mexico for its appeal to Foreign Direct Investment (FDI).
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