Masare Group invested 80 million pesos in Capital City
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 22, 2010 Through an investment of 80 million pesos, the Group Masare, led by Martin Pavón Farias, put into operation the first of three green buildings and business towers that form the heart of Capital City, building complex of about 40 hectares will combine corporate offices, residential areas, convention center, hotels, restaurants, shopping centers, hospitals and theme parks southwest of the city.
Capital City is part of the portfolio of mega-projects designed by the government of Aguascalientes, with the stated purpose of accelerating "outsourcing" of the local economy and more jobs open to graduates of institutions of higher education.
Were used to detonate the last two years in public and private investments of around 500 million pesos for the purchase of land, construction of urban infrastructure and services, primarily.
martes, 26 de octubre de 2010
OHL Plans to Raise Up To $1.4 Billion In Largest IPO in Mexico
OHL Plans to Raise Up to $1.4 Billion in Largest IPO in Mexico Since 1994
Escrito por Real Estrategy 2 Internacional, Mercado Turístico Oct 22, 2010 OHL Concesiones Mexico SA, the unit of Spanish construction company Obrascon Huarte Lain SA, plans to raise up to 16.6 billion pesos ($1.4 billion) in the largest initial public offering in Mexico in at least 16 years.
The shares may be priced at 24 pesos to 30 pesos each, Mexico City-based OHL said in a filing. The company may offer as many as 552 million shares, making it the biggest IPO in value since at least 1994, according to data compiled by Bloomberg.
Grupo Comercial Chedraui SAB broke a 22-month drought of IPOs in Mexico in April. At least two more companies may sell stock in the nation before the end of the year, Bolsa Mexicana de Valores SAB Chief Executive Officer Luis Tellez said on Aug. 3. OHL plans to use the money to finance investment projects and expand, according to the prospectus.
The sale “would unseal the value of the Mexican concessions,” said Pablo Ortiz, an analyst with Interdin Bolsa SVB SA in Madrid. “I think those concessions are high quality and are very undervalued.”
OHL hired the local units of Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA to handle the offering, which may occur between Nov. 4 and Nov. 11, according to the filing. Shares will be offered to Mexican and international investors, the company said.
More Contracts
OHL won its sixth contract to build and manage a highway in Mexico in June. The company has a 49 percent stake in the operator of the Toluca airport outside Mexico City, according to its website.
The Mexican company wants to repeat the success of an IPO by the Brazilian unit of Obrascon, Ortiz said. The Brazilian shares have more than tripled to 56.70 reais since trading began in 2005. Obrascon rose 3.9 percent to 24.6 euros in Madrid trading and is up 29 this year.
OHL reported revenue of 11.3 billion pesos in 2009, an increase of 60 percent from a year earlier, according to the prospectus. Traffic on the toll roads OHL operates in Mexico rose 18 percent in 2008 from 2007 and revenue gained 23 percent, according to an annual report.
Bloomberg
Escrito por Real Estrategy 2 Internacional, Mercado Turístico Oct 22, 2010 OHL Concesiones Mexico SA, the unit of Spanish construction company Obrascon Huarte Lain SA, plans to raise up to 16.6 billion pesos ($1.4 billion) in the largest initial public offering in Mexico in at least 16 years.
The shares may be priced at 24 pesos to 30 pesos each, Mexico City-based OHL said in a filing. The company may offer as many as 552 million shares, making it the biggest IPO in value since at least 1994, according to data compiled by Bloomberg.
Grupo Comercial Chedraui SAB broke a 22-month drought of IPOs in Mexico in April. At least two more companies may sell stock in the nation before the end of the year, Bolsa Mexicana de Valores SAB Chief Executive Officer Luis Tellez said on Aug. 3. OHL plans to use the money to finance investment projects and expand, according to the prospectus.
The sale “would unseal the value of the Mexican concessions,” said Pablo Ortiz, an analyst with Interdin Bolsa SVB SA in Madrid. “I think those concessions are high quality and are very undervalued.”
OHL hired the local units of Banco Santander SA and Banco Bilbao Vizcaya Argentaria SA to handle the offering, which may occur between Nov. 4 and Nov. 11, according to the filing. Shares will be offered to Mexican and international investors, the company said.
More Contracts
OHL won its sixth contract to build and manage a highway in Mexico in June. The company has a 49 percent stake in the operator of the Toluca airport outside Mexico City, according to its website.
The Mexican company wants to repeat the success of an IPO by the Brazilian unit of Obrascon, Ortiz said. The Brazilian shares have more than tripled to 56.70 reais since trading began in 2005. Obrascon rose 3.9 percent to 24.6 euros in Madrid trading and is up 29 this year.
OHL reported revenue of 11.3 billion pesos in 2009, an increase of 60 percent from a year earlier, according to the prospectus. Traffic on the toll roads OHL operates in Mexico rose 18 percent in 2008 from 2007 and revenue gained 23 percent, according to an annual report.
Bloomberg
Ellipse Group Started in Early 2011 the 52 -Story Skyscraper R432 In Mexico
Ellipse Group started in early 2011 the 52-story skyscraper R432 in Mexico City
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 22, 2010 After a virtual fast a couple of years it seems that the big real estate projects in the corridor Reforma in Mexico City begin to recover. A case of which we spoke a week is R432, a 52-story skyscraper. Be almost in front of Diana the Huntress, Sevilla corner Reforma 432, and is driven by the Ellipse Group, James Czukerberg. This is a developer with over 35 years experience and works in Santa Fe and Constituents, among other areas.
Ellipse recently served as one SAPI, has the backing of the CNBV, Guillermo Babatz and is audited by Deloitte, which has Ernesto Gonzalez. Will have 20% stake in the owner of the building to be built in an area of one thousand 800 meters. This area has been acquired in the last 18 months and spent only around 120 million pesos. The tower will mean an investment of close to one hundred million dollars and its 52 floors will have basically four different uses. The first three levels will house three thousand square meters of commercial premises, the following seven thousand seven stories focus 500 meters of office space, 28 levels will be to develop 211 luxury apartments and ten floors to a hotel.
The model will be based on the sale of the departments, representing a total area of 22 thousand square meters. Ellipse estimates obtained by this concept about a thousand 300 million pesos, of which 50% would help fund the construction. Those close to 650 million pesos will be used to build in the next 48 months. The sale will run on behalf of House & Business Group, Isaiah Ramirez, an expert in marketing real estate in the corridor. In addition to participating as partners Czukerberg Mexihom, Ignacio Leal with 15%, José Luis Sarabia, owner of the company commissary Skychef with 15%, the French group Buddha-bar with another 10% and sprayed the rest with investors.
Writer Real eStrategy 2 Commercial RE News, And Corporate Offices October 22, 2010 After a virtual fast a couple of years it seems that the big real estate projects in the corridor Reforma in Mexico City begin to recover. A case of which we spoke a week is R432, a 52-story skyscraper. Be almost in front of Diana the Huntress, Sevilla corner Reforma 432, and is driven by the Ellipse Group, James Czukerberg. This is a developer with over 35 years experience and works in Santa Fe and Constituents, among other areas.
Ellipse recently served as one SAPI, has the backing of the CNBV, Guillermo Babatz and is audited by Deloitte, which has Ernesto Gonzalez. Will have 20% stake in the owner of the building to be built in an area of one thousand 800 meters. This area has been acquired in the last 18 months and spent only around 120 million pesos. The tower will mean an investment of close to one hundred million dollars and its 52 floors will have basically four different uses. The first three levels will house three thousand square meters of commercial premises, the following seven thousand seven stories focus 500 meters of office space, 28 levels will be to develop 211 luxury apartments and ten floors to a hotel.
The model will be based on the sale of the departments, representing a total area of 22 thousand square meters. Ellipse estimates obtained by this concept about a thousand 300 million pesos, of which 50% would help fund the construction. Those close to 650 million pesos will be used to build in the next 48 months. The sale will run on behalf of House & Business Group, Isaiah Ramirez, an expert in marketing real estate in the corridor. In addition to participating as partners Czukerberg Mexihom, Ignacio Leal with 15%, José Luis Sarabia, owner of the company commissary Skychef with 15%, the French group Buddha-bar with another 10% and sprayed the rest with investors.
Mexico Tourism Is Making A Comeback
Mexico Tourism Is Making A Comeback
Escrito por Real Estrategy 2 Barómetro, Internacional Oct 22, 2010 Although the recession and warnings of violence has hurt tourism in 2009, visitors to Mexico has rebounded in 2010.According to an article from International Living:
This year the tourists are back. So far in 2010, over 7.1 million international tourists have come to Mexico, a 19% increase over last year, say Ministry of Tourism officials. Even more noteworthy, tourist numbers are 6% higher than in 2008—the last banner year for Mexican tourism. (These figures are based on tourists arriving by air.
Most returning tourists are avoiding the border area, which is associated with the on-going drug war violence. Instead, they tend to head south, toward beach areas that are little affected by violence. In August, for instance, both Cancún and Los Cabos, in Baja California Sur, saw about a 30% increase over last year in the number of visitors.
Vacancies still remain high in many resort properties and rates are still depressed, however Mexico is faring better than the world as a whole which has seen slower growth.
According to LA Times:
Memories of last year have started to fade,” said Anthony Concil, a spokesman for the International Air Transport Assn., a trade group for the world’s airlines.
The sharp increase in visitors to Mexico is also significant because Concil and other analysts have predicted only modest growth in travel worldwide. International air travel, for example, was up 6% in August compared with a year earlier, according to the International Air Transport Assn.
Mexico’s Tourism Minister, Gloria Guevara, expects international tourists to reach 22.6 million this year and tourism investment is also up.
According to an article from Bloomberg:
From January to July, Mexico’s tourism industry received $1.8 billion in investment, 28 percent more than in the same period in 2009, Guevara said.
“This shows confidence in Mexico continues,” Guevara said. “Investors are still betting on Mexico and betting on tourism.”
Escrito por Real Estrategy 2 Barómetro, Internacional Oct 22, 2010 Although the recession and warnings of violence has hurt tourism in 2009, visitors to Mexico has rebounded in 2010.According to an article from International Living:
This year the tourists are back. So far in 2010, over 7.1 million international tourists have come to Mexico, a 19% increase over last year, say Ministry of Tourism officials. Even more noteworthy, tourist numbers are 6% higher than in 2008—the last banner year for Mexican tourism. (These figures are based on tourists arriving by air.
Most returning tourists are avoiding the border area, which is associated with the on-going drug war violence. Instead, they tend to head south, toward beach areas that are little affected by violence. In August, for instance, both Cancún and Los Cabos, in Baja California Sur, saw about a 30% increase over last year in the number of visitors.
Vacancies still remain high in many resort properties and rates are still depressed, however Mexico is faring better than the world as a whole which has seen slower growth.
According to LA Times:
Memories of last year have started to fade,” said Anthony Concil, a spokesman for the International Air Transport Assn., a trade group for the world’s airlines.
The sharp increase in visitors to Mexico is also significant because Concil and other analysts have predicted only modest growth in travel worldwide. International air travel, for example, was up 6% in August compared with a year earlier, according to the International Air Transport Assn.
Mexico’s Tourism Minister, Gloria Guevara, expects international tourists to reach 22.6 million this year and tourism investment is also up.
According to an article from Bloomberg:
From January to July, Mexico’s tourism industry received $1.8 billion in investment, 28 percent more than in the same period in 2009, Guevara said.
“This shows confidence in Mexico continues,” Guevara said. “Investors are still betting on Mexico and betting on tourism.”
lunes, 25 de octubre de 2010
Queretaro Mexico Investment Catapult
Querétaro, investment catapult
25/10/2010 14:05
Mexico. During the third quarter of global investments were implemented for 80 million dollars in the Queretaro Industrial Park (PIQ), thanks to the installation of 4 expansions and the arrival of 3 companies.
The general director of the PIQ, Abel Baca Atala, said that new tenants are Korean companies and Dr Enc Prima Tech, specializing in metal stampings, and the Canadian Windsor Mold, a manufacturer of plastic injection molds and die casting.
Companies are expanding their facilities Mew Korean Motech, Ronal, the Swiss capital, Embossed Queretaro, capital of Canada and Samsung, which will open a production line.
Atala Baca explained that Samsung bought this new expansion in the PIQ 36.363 meters square, which has a total of 58.951 meters square of land reserves. (El Financiero)
25/10/2010 14:05
Mexico. During the third quarter of global investments were implemented for 80 million dollars in the Queretaro Industrial Park (PIQ), thanks to the installation of 4 expansions and the arrival of 3 companies.
The general director of the PIQ, Abel Baca Atala, said that new tenants are Korean companies and Dr Enc Prima Tech, specializing in metal stampings, and the Canadian Windsor Mold, a manufacturer of plastic injection molds and die casting.
Companies are expanding their facilities Mew Korean Motech, Ronal, the Swiss capital, Embossed Queretaro, capital of Canada and Samsung, which will open a production line.
Atala Baca explained that Samsung bought this new expansion in the PIQ 36.363 meters square, which has a total of 58.951 meters square of land reserves. (El Financiero)
Mexico Grows 18.8% the Number of Visitors who Arrived By Air
Bulletin 130 grows 18.8 percent the number of visitors who arrived by air from January to September compared to 2009
Contenido de sección
Mexico, D.F., Monday 25 October 2010
130/2010 Newsletter
• Our country received 7 million 614 thousand 514 foreign walkers were flown
• The amount is 6.4 higher than the same period of 2008
The Ministry of Tourism reports that in January-September period the number of foreign visitors who came to our country by air increased by 18.8 percent over the same period last year.
This figure is also 6.4 percent higher compared to the same period in 2008.
The data collected show that tourism in our country is in strong recovery.
In the first nine months of the year, the airports in our country received 7 million 614 thousand 514 foreign tourists, against 407 000 451 6 million passengers who arrived last year.
In the indicated period, our country reached 612 000 282 4 million U.S. visitors, representing an increase of 15.0 percent compared to 2009 and 2.6 percent higher compared to 2008.
With regard to tourism from Canada, from January to September reached 1 million 75 000 623 Canadian, that is, an increase of 21.8 percent over last year and 31.9 in comparison with data recorded two years ago.
The third nation in importance to our country by the number of visitors is Spain, since in this period, 833 received 225 000 visitors, representing an increase of 45.6 percent compared to 2009 and 1.2 percent above that recorded in 2008.
According to the Integrated System for Operation Migration, the largest nation in Latin America for our country is Argentina, having sent 132 000 674 tourists, amount represents an increase of 44.1 percent compared with 2009 and 33.7 percent higher as reported two years ago.
The facility is giving the Federal Government in the procedures for obtaining visas allowed from January to September countries like Brazil almost doubled the number of tourists visiting our country.
During this period, Brazil received 84 000 959 walkers, 93.7 higher than the amount reported a year earlier and 45 percent higher than 2008.
In Colombia reached 53.3 percent more tourists than last year, while in Venezuela the number increased 53.3 percent.
Contenido de sección
Mexico, D.F., Monday 25 October 2010
130/2010 Newsletter
• Our country received 7 million 614 thousand 514 foreign walkers were flown
• The amount is 6.4 higher than the same period of 2008
The Ministry of Tourism reports that in January-September period the number of foreign visitors who came to our country by air increased by 18.8 percent over the same period last year.
This figure is also 6.4 percent higher compared to the same period in 2008.
The data collected show that tourism in our country is in strong recovery.
In the first nine months of the year, the airports in our country received 7 million 614 thousand 514 foreign tourists, against 407 000 451 6 million passengers who arrived last year.
In the indicated period, our country reached 612 000 282 4 million U.S. visitors, representing an increase of 15.0 percent compared to 2009 and 2.6 percent higher compared to 2008.
With regard to tourism from Canada, from January to September reached 1 million 75 000 623 Canadian, that is, an increase of 21.8 percent over last year and 31.9 in comparison with data recorded two years ago.
The third nation in importance to our country by the number of visitors is Spain, since in this period, 833 received 225 000 visitors, representing an increase of 45.6 percent compared to 2009 and 1.2 percent above that recorded in 2008.
According to the Integrated System for Operation Migration, the largest nation in Latin America for our country is Argentina, having sent 132 000 674 tourists, amount represents an increase of 44.1 percent compared with 2009 and 33.7 percent higher as reported two years ago.
The facility is giving the Federal Government in the procedures for obtaining visas allowed from January to September countries like Brazil almost doubled the number of tourists visiting our country.
During this period, Brazil received 84 000 959 walkers, 93.7 higher than the amount reported a year earlier and 45 percent higher than 2008.
In Colombia reached 53.3 percent more tourists than last year, while in Venezuela the number increased 53.3 percent.
The Real Estate-Tourist Industry Will Recover Sales in 2011 in Mexico, The Market Value of this Sector is of $3 ' 600 Billion Dollars But is Expected that by Year's and Reach $5 Billion Dollars.
The real estate-tourist industry will recover sales in 2011
07/09/2010 09:20
Mexican property market experienced stagnation in their business by having a slight increase of 1% in the first half of 2010, compared with the same period of 2009.
Juan Ignacio Rodríguez, VP of Business Development for Mexico and Central America of the RCI tourism firm, said there are signs showing that the sector already hit bottom in the crisis and begin to show a recovery.
During the launch of the 5th edition of Luxury Markets Symposium, the manager indicated that where it does exists is in investment growth, and that for this year an amount of $500 million is expected while in 2009 was less than $250 million dollars.
Due to the conditions pointed by the sector it is expected that the touristic housing supply attract a large volume of buyers during 2011 and thus initiated the revival of the acquisition of such goods.
Destinations that will attract more resources, both domestic and foreign, will be the Riviera Maya, Quintana Roo, Los Cabos, Baja California Sur, Baja California Norte and Sinaloa.
Currently, the market value of this sector is of $3,600 billion dollars, but is expected that by year's end reach $5 billion dollars.
On a possible effect on the climate of violence experienced, Ignacio Rodriguez said 'we know we have a security problem, but is very focused on non-tourist areas.
07/09/2010 09:20
Mexican property market experienced stagnation in their business by having a slight increase of 1% in the first half of 2010, compared with the same period of 2009.
Juan Ignacio Rodríguez, VP of Business Development for Mexico and Central America of the RCI tourism firm, said there are signs showing that the sector already hit bottom in the crisis and begin to show a recovery.
During the launch of the 5th edition of Luxury Markets Symposium, the manager indicated that where it does exists is in investment growth, and that for this year an amount of $500 million is expected while in 2009 was less than $250 million dollars.
Due to the conditions pointed by the sector it is expected that the touristic housing supply attract a large volume of buyers during 2011 and thus initiated the revival of the acquisition of such goods.
Destinations that will attract more resources, both domestic and foreign, will be the Riviera Maya, Quintana Roo, Los Cabos, Baja California Sur, Baja California Norte and Sinaloa.
Currently, the market value of this sector is of $3,600 billion dollars, but is expected that by year's end reach $5 billion dollars.
On a possible effect on the climate of violence experienced, Ignacio Rodriguez said 'we know we have a security problem, but is very focused on non-tourist areas.
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