- Currently serves as MMREIT’s Head of Acquisitions and will maintain those responsibilities in his new role
- Mr. Monroy has 14 years of real estate investment and development experience
Macquarie Mexican REIT (MMREIT) has announced the appointment of Mr. Juan Monroy as Chief Operating Officer. Mr. Monroy currently serves as MMREIT’s Head of Acquisitions and will maintain those responsibilities in his new role.
“I am pleased to welcome Juan into his new role,” said Jaime Lara, Chief Executive Officer, MMREIT. “Juan has been an integral part of our senior management team since MMREIT’s listing. He brings to the new role an in-depth understanding of the Mexican real estate market, as well as a background in both acquisitions and operations, making him the ideal candidate for the position. I look forward to his continued contributions.”
Mr. Monroy has 14 years of real estate investment and development experience. Prior to joining Macquarie, he was a partner in real estate investment platforms focused on residential and retail real estate development, primarily in Mexico City. He was former director of acquisitions at Acadia Realty Trust, a vice president of international operations at Loews Cineplex Entertainment, and a private equity professional at Onex Investment Corp.
Mr. Monroy received his BA in Business and Finance from the Instituto Tecnológico de Estudios Superiores de Monterrey (ITESM) where he graduated with honors. He received his MBA from NYU Stern Business School and completed the Real Estate Management Program at Harvard Business School.
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 (MIRA).