Mexican REIT analysis and the Mexican operationalization
DOI:
https://doi.org/10.29105/rinn15.29-3Keywords:
alternatives on investment, financial performance, financial portfolios, Mexican REIT, MTPAbstract
In this documental research work they are presented as the origin of fideicomisos de infraestructura y bienes raíces or FIBRA, the development of this type of investment instruments in the world, as well as the legal and fiscal structure of the FIBRA in Mexico. For this, the Real Estate Investment Trust or REITs are presented, which are an investment mechanism that finance large real estate not only in America, but throughout the world. This allows the public money market to participate in these investments, although in their history they have presented different risks and yields due to the legal framework of their countries of origin. In Mexico, the legal structure of the FIBRA is very robust and similar to that of the USA. One of the engines of these instruments is the tax exemption they offer; for this reason, the case of Spain has not awakened, it still does not motivate the interest of the market insofar as it does not offer these tax benefits. There is a great appetite all over the world for these instruments. The big question will be to what extent are viable options to use them as a diversification mechanism in order to decrease risk or increase performance.
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