Mexico's Fibra Uno in deal to buy property for $185 mln
MEXICO CITY Feb 24 (Reuters) - Mexican real estate investment trust (REIT) Fibra Uno said on Tuesday it had reached a deal to acquire a mixed use development known as Mitikah in Mexico City for $185 million.
REITs, known locally as fibras, issue certificates that function like shares and allow investors to participate in Mexico's property market without owning buildings. ($1 = 14.9082 Mexican pesos) (Reporting by Joanna Zuckerman Bernstein; Editing by Anand Basu)
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