A bidding war is heating up for Fibra Macquarie after two Mexican REITs announced plans to acquire the real estate investment trust. The move comes just one day after Fibra Prologis shareholders approved their own acquisition proposal for Fibra Macquarie, setting the stage for a competitive auction.

Fibra Prologis had appeared poised to secure the deal after shareholder approval, but the sudden interest from other REITs suggests Fibra Macquarie's assets are more valuable than initially expected. The company's portfolio includes industrial and commercial properties across Mexico, making it an attractive target in the country's growing real estate market.

The competitive bidding highlights the strong demand for quality real estate assets in Mexico's recovering economy. For Fibra Macquarie shareholders, multiple offers could drive up the acquisition price and create significant value. The REIT's strategic properties in key logistics and retail locations make it particularly appealing to larger players looking to expand their Mexican footprint.