Fibra Next to Sell Shares as Large Mexican Industrial REIT Grows

An industrial real estate trust is seeking to raise more than $500 million this month in a rare Mexican equity offering that will test investor confidence on the country’s nearshoring prospects.

That’s even as US President Donald Trump seeks to draw factories back to the US through his tariff policies, putting into question whether manufacturers will relocate to the Latin American country from Asia.

Nearshoring Experts & Technology SC, which is known as Fibra Next, aims to offer 100 million shares and raise around 10 billion Mexican pesos ($538 million), according to a Thursday filing with the Mexican stock ...