Nearshoring and Real Estate: Changing trends in LatAm investment

Opinion by Claudia Robledo


Author: Claudia Robledo

The pandemic-induced disruption of supply chains completely restructured the distribution of global trade and forced hundreds of American corporations to withdraw their operations from Asia and move them to Latin America, generating a boom in nearshoring

According to a Forbes report, nearshoring is expected to create four million jobs in Mexico by 2030, with foreign direct investment of up to $50 billion annually, increasing GDP by up to 2.5% in the next six years. In total, this trend could add $78 billion in additional exports of goods and services in Latin America and the Caribbean

This global shift in production distribution is a wakeup call for real estate developers. Demand for industrial space in Mexico doubled in 2022 compared to 2019