Joe Sitt, chairman at Thor Equities, joins Bloomberg to discuss the investment vision of the multi-billion dollar fund in Mexico. Despite the peso's recent volatility, the group bets on the underlying macroeconomic factors and Claudia Sheinbaum track record in Mexico City.
Mr. Sitt’s full interview can be found on Bloomberg TV .
ABOUT THOR EQUITIES GROUP:
Thor Equities is a leader in the development, leasing and management of industrial, laboratory, residential, office, hotel and mixed-use assets in premier urban locations worldwide. The company operates in major cities around the globe and has a property portfolio totaling $20 billion with a development pipeline in excess of 50 million square feet. Thor has a strong presence on three continents and in addition to its US holdings, the company has assets in European gateway cities including London, Paris, Madrid, and Milan, and is the largest developer in Mexico through its Latin American division with a development pipeline of over 20 million square feet. Thor maximizes returns for institutional investors by recognizing a property’s potential, reducing operating expenses, increasing tenant satisfaction, and leveraging market trends to maintain a long-term competitive edge. For more information, visit www.thorequities.com.
Video:
https://www.bloomberg.com/news/videos/2024-06-27/investors-weigh-political-risks