ProximityParks , specializing in the development of industrial parks for last-mile logistics in Mexico, announced the acquisition of a green loan for 1.2 billion pesos (mdp) granted by BBVA Mexico , with the aim of boosting its growth and optimizing its capital structure.
“This financing represents a new milestone in our growth. It optimizes our capital structure, increases profitability, and reaffirms the financial system’s confidence in our investment thesis,” said Mario Berlanga, CEO and co-founder of ProximityParks.
Berlanga highlighted the collaboration with BBVA, a financial institution with which he shares his vision “of urban regeneration through the development (or redevelopment) of sustainable infrastructure ,” aimed at promoting modernity and economic growth in the country.
The loan, structured under BBVA’s Sustainable Financing Framework , recognizes the sustainable characteristics, high-efficiency equipment, and environmental certifications of the assets that support ProximityParks as an example of sustainable industrial real estate development in Mexico.
This green loan reinforces the company’s ESG (Environmental, Social and Governance) strategy, which is aimed at creating modern and environmentally friendly logistics infrastructure in key locations within Mexico’s main cities.
The proximity of their locations allows for reduced delivery times and costs, decreased vehicular traffic and carbon dioxide ( CO2 ) emissions into the environment , as well as improved operational efficiency for their tenants and enhanced consumer satisfaction.
With over 10 billion pesos in assets under management and an investment program of 8 billion pesos between 2024 and 2028, ProximityParks seeks to expand its presence in Mexico’s main urban markets.
This financial operation strengthens the firm’s ability to develop sustainable projects , where environmental protection is the central focus of its value proposition.
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