FINSA and BBVA form a strategic alliance to boost industrial growth in Mexico.

14 de Junio de 2024

FINSA and BBVA form a strategic alliance to boost industrial growth in Mexico.

At a key moment for the country's economic development, FINSA and BBVA México have formed a strategic alliance that seeks to boost growth in the industrial sector through financial solutions. The objective: to capitalize on opportunities worth up to $700 million through innovative instruments such as Sale and Lease Back (S&LB), which allows the purchase of properties without losing operational control.

Sale and Leaseback : What does this mean for the industry?

The alliance will allow industrial groups to access specialized financing without losing operational control of their properties. This financial option, known as Sale and Lease Back, has gained traction due to its ability to release capital without compromising the company's operations.

Currently, the industrial market in Mexico is estimated at more than 100 million square meters, with an approximate value of $76 billion, according to data from BBVA's Business and Government Banking (BEyG).

The product is based on sales and lease transactions.

National focus with strategic impact

This collaboration focuses on the country's key industrial markets , including key states for nearshoring and advanced manufacturing such as:

  • Baja California

  • Chihuahua

  • Tamaulipas

  • Nuevo León

  • Coahuila

  • Jalisco

  • State of Mexico

  • Mexico City

  • Puebla

  • Querétaro

  • Aguascalientes

  • Guanajuato

A market with high demand and low availability

The figures support the momentum of this alliance. According to JLL, the industrial vacancy rate in northern Mexico is just 5% , with annual price growth of 11.7% . Nationally, industrial vacancy remains at 6%, while rents are projected to grow by 13.7% annually through 2024, further strengthening the appeal of the Sale and Leaseback model.

Shared vision

This joint initiative combines FINSA's strength as one of Mexico's leading industrial developers with the reach and expertise of BBVA Mexico's network across the country.

With 52% annual growth over the past five years , BBVA Mexico is strengthening its commitment to the industrial real estate sector.