1) Grupo Bafar's production plant in La Piedad Michoacán with a total area of 10,000 square meters started operations. The property owned by FNOVA was tailor-made for Grupo Bafar with an investment of more than $636 million pesos under a 10-year contract.
2) FNOVA acquired for US$5.3 million dollars a Call Center type facility «Teleperformance» in the City of Chihuahua, Mexico. The 6,000 square meters facility is leased to a subsidiary Merkafon de México with a NNN lease agreement in US dollars.
3) In the city of Reynosa, Tamaulipas a new facility for Visteon Corporation is under construction. The facility has a leasable area of 10,500 square meters and a US$10.6 million dollars investment. The lease agreement with FNOVA is for a 11 year lease term and will start paying rent starting April 2018.
4) The lease agreement between FNOVA and Cementos Mexicanos (CEMEX) for a 1,000 square meters office space located in the City of Queretaro was amended to extend the lease term from 5 to 10 years with a $18.4 million pesos.
For further information visit
https://www.bmv.com.mx/docs-pub/eventore/eventore_787544_1.pdf
