Guajardo pointed out that all the current assets in his portfolio are focused on agricultural exports, including greenhouses. AgroFibra will initially pay quarterly dividends, but plans to eventually distribute monthly payments, he said.
The fibers are instruments equivalent to the US Real Estate Investment Funds, known as REITs, for its acronym in English. Its titles, CBFI, operate in the market like shares and offer returns on rents and capital gains from baskets of real estate.
AgroFibra plans to go public on Friday through the Institutional Stock Market (Biva). Credit Suisse, Finamex, Citibanamex, BTG Pactual and Actinver will act as placement intermediaries for the transaction.
The public offering comes as some international firms focused on selling buyers to Americans see opportunities to establish themselves in Mexico.