Mexico's Fibra Uno buys $306 mln office portfolio
MEXICO CITY Dec 15 (Reuters) - Mexican real estate investment trust (REIT) Fibra Uno said on Tuesday it had closed a deal to buy a portfolio of six office buildings in Mexico city for 5.25 billion Mexican pesos ($306.40 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 = 17.1213 Mexican pesos) (Reporting by Noe Torres; Editing by Lisa Shumaker)
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