- Jay Davis will continue to oversee the Americas investor relations function and will work closely with Del Río Castillo to help transition the role
- Castillo joins MMREIT from Consorcio ARA, a Mexico-based homebuilding company
Macquarie Mexican REIT has announced the appointment of Mr. Jaime del Río Castillo as Head of Investor Relations for MMREIT, effective immediately. Mr. Jay Davis will continue to oversee the Americas investor relations function for Macquarie Infrastructure and Real Assets and will work closely with Mr. del Río Castillo to help transition the role.
“Jaime brings a wealth of relevant experience to MMREIT in both the housing and broader financial services sectors,” said Jaime Lara, Chief Executive Officer for MMREIT. His expertise will be extremely valuable in helping us develop our relationships with existing and prospective investors. I am delighted to have him join our team and look forward to his contributions.”
Mr. del Río Castillo joins MMREIT from Consorcio ARA, a Mexico-based homebuilding company, where he served as their Director of Investor Relations from 2005 to present. Prior to that, he spent seven years at the Instituto del Fondo Nacional de la Vivienda para los Trabajadores (INFONAVIT), Mexico’s Institute of the National Housing Fund for workers in the private sector, and held various roles including Head of Institutional Relations and Head of Risk Management. He began his career at the Instituto Tecnológico Autónomo de México where he was a Professor and Researcher in the Department of Mathematics.
Mr. del Río Castillo holds a degree in Physics from the Mexican Autonomous National University, a Master of Science in Physics from Southern Illinois University at Carbondale and a Master of Fine Arts from the Southern Illinois University Carbondale. He also participated in a Doctoral Program in Financial Science at the Instituto Tecnológico de Estudios Superiores de Monterrey.
Macquarie Mexican REIT (is a real estate investment trust (fideicomiso de inversíon en bienes raices), or FIBRA, listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) targeting industrial, retail and office real estate opportunities in Mexico, with a primary focus on stabilized income-producing properties. MMREIT’s portfolio consists of 259 industrial properties and 17 retail/office properties, located in 24 cities across 19 Mexican states (as of March 28, 2014). MMREIT is managed by Macquarie México Real Estate Management, S.A. de C.V. which operates within the Macquarie Infrastructure and Real Assets division of Macquarie Group.