Fibra Park Life, a financial vehicle focused on the rental and management of housing, has officially commenced operations in Mexico with plans for a substantial investment of 10 billion pesos over the next three years. This investment will be utilized for the development and acquisition of residential rental assets, marking a strategic growth initiative in the local market. The announcement was made during a press conference led by the company's CEO, Cayetano Jiménez, who outlined the fiduciary's focus on professionally operating housing units for leasing purposes.

Initially, Fibra Park Life will manage 287 apartments spread across four residential towers, with an intention to expand over the coming years. Jiménez stressed the importance of ensuring that the housing units are not only acquired but also set up in a manner that enhances the living experience for potential tenants. This approach highlights a dedication to quality and sustainability in the housing market.

Gustavo Tomé, the president of the technical committee of the firm, further elaborated on their ambitious investment plans, stating that the aim is to grow the portfolio to around 1,000 apartments within the specified timeframe. This initiative is expected to contribute significantly to the local real estate landscape, potentially easing housing shortages and stimulating economic activity in the residential sector.