Commercial Property Sales Slow as Rising Interest Rates Sink Deals

Commercial real estate is showing the first signs of a slowdown in more than a year, disrupted by rising interest rates that are already wrecking some deals. According to MSCI Real Assets, April home sales were $39.4 billion, down 16% from the same month last year. The decline was followed by 13 consecutive months of … Read more

FIBRA Prologis Announces First Quarter 2022 Earnings Results

MEXICO CITY, April 20, 2022 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class A industrial properties in Mexicotoday presented its results for the first quarter of 2022. HIGHLIGHTS FROM THE QUARTER: The occupancy rate at the end of the reporting period was 97.6 percent. The effective net rents at rollover … Read more