Properties

EXECUTIVE SUMMARY:

Thor Urbana Capital, a joint-venture between U.S. based Thor Equities and Mexico based GFa Grupo Inmobiliario (“GFa”), was recently formed to capitalize on Mexico’s strong economic growth and real estate fundamentals amid limited institutional competition. The company seeks to create value for its investors through the sourcing, acquiring, developing,
repositioning, leasing, managing, and disposing of uniquely located, underperforming or vacant retail, office and mixed-use assets in Mexico’s principal urban markets.

WHY MEXICO?  WHY NOW?

• Mexico’s GDP per capita is larger than all the BRIC countries but for Russia
• BRIC/MBIC
• Absence of significant institutional competition and its vicinity to the U.S. has created a tremendous opportunity
• Strong economic conditions, favorable demographic trends, and high barriers to entry
• Mexico is now growing at a faster pace than Brazil
• One of 2 countries in Latin America with the potential to achieve scale
• This eventual shift in investor sentiment is certain to translate to increased liquidity and transaction activity, improved operating results and a compression of exit cap rates
• Mexico’s urban markets have remained largely unaffected by the headline issues of the north concerning violence.
  • 95% of the violence is concentrated in 3% of the country

For more information on the company, please go to the Documents section and review our memorandums.