25 September 2023

BBVA Mexico’s commitment to Mexican real estate is evident in a performing loan portfolio of more than 166 billion pesos

 

BBVA México, the leading real-estate bank in Mexico, has a portfolio of more than 166 billion pesos in this industry, which has shown remarkable resilience in recent years and today is a key vehicle for investing in the nearshoring boom in this country.

   

The relocation of industry to our shores poses numerous opportunities, such as the growth in leasable area, mainly in the industrial, e-commerce and logistics segments, as well as the structure and growth of the population (retail space, new hospitality segments, housing and education) and the emergence and expansion of new segments like health and technology.

   

According to Eduardo Osuna Osuna, vice chairman and CEO of BBVA México, “Our company’s commitment to the industry is unmistakable: our wholesale banking portfolio totals 166 billion pesos, and today we are committed to sustaining this drive and reinforcing our industry, which is key to our country’s growth.”

 
Our company’s commitment to the industry is unmistakable our wholesale banking portfolio totals 166 billion pesos
 

In pursuit of this goal, Osuna explains, the institution has been working to build human talent that understands the specific needs of each project, and the bank’s involvement in every element of the industry’s value chain, from bridge loans for construction to various financing and equity schemes and the marketing and financing of mortgages. He also stressed that BBVA México will be supporting the investment needed to sustain this growth, like water and energy infrastructure, among others.

 

This commitment is supported by an extensive network of coverage that extends across Mexico, through Retail Banking, Business Banking, and Corporate and Investment Banking.  In lending, it has products designed for individuals, companies, developers, REITs and hotels. BBVA México also has a team of professionals specializing in this industry who can design and execute various financial and equity solutions. Products range from individual mortgages and business loans to hotel loans, debt issuance, mergers, acquisitions and capital raising.

 
We place our network of offices and relations at the service of our clients, so they can raise public and private capital
 

In a private event held with key market participants such as REITs, real-estate consortiums, developers, AFOREs and specialised investors, Osuna spoke of this commitment: “We place our network of offices and relations at the service of our clients, so they can raise public and private capital and find local and international partners, regardless of their area of business (industrial, retail, offices, hotels and others).”

 

BBVA México reiterates its conviction that the real-estate industry is key to the domestic economy, and that its participation today is crucial to attract foreign investment mobilized by the nearshoring trend. This institution, with its leadership, solidity and experience, wants to be a key player in propelling the growth of the industry and of the economy, for the benefit of all of society.