DUBLIN--()--Research and Markets
(http://www.researchandmarkets.com/research/c2a7e5/mexico_real_estate) has announced the addition of the "Mexico Real Estate Report Q1 2012" report to their offering.
Mexico's proximity to the US and its strong export relationship with the country have placed it under threat from the ongoing debt concerns arising in North America. Investment activity is predicted to slow and it is likely that Mexico's US exports will follow suit, as US growth continues to stagnate. Mexico is also at risk from escalating drug-related violence that is causing a cautious and uncertain investment environment.
However, there are bright spots for Mexico's real estate sector. For example, Colliers International reports that demand for industrial space is being driven by the automotive industry, which is likely to continue to grow. In addition, the whole of Latin America has a comparatively strong outlook for GDP growth over the coming years, which will highlight the region's potential for investors in all sectors.
Mexico has a huge housing shortage (somewhere around 9mn families are in need of suitable homes), and the government provides developers with subsidies and buyers with access to mortgages from the state agency Infonavit, which provides up to 70% of the country's mortgages. One of the house-builders whose focus is on low-income housing is Corporacion GEO. It had a very successful first half of 2011, achieving a 10.6% increase in revenue.
Key Opportunities In The Real Estate Market:
The Wall Street Journal explained that more than 70% of housing loans granted in H111 were for properties that had energy- and water-efficient features, offering real incentives for developers to build in that fashion.
Companies Mentioned:
- Cemex
- Corporacion Moctezuma
- Desarrolladora Homex SA
- DINE SAB
- Empresas ICA
- Grupo Cementos de Chihuahua (GCC)
- Urbi Desarrollos Urbanos SA
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