MEXICO CITY – April 8, 2026 – Lawyers from global law firm Greenberg Traurig’s Mexico City office represented Actinver Casa de Bolsa and BBVA Casa de Bolsa as underwriters in the initial public offering (IPO) of Real Estate Investment Trust Certificates (Certificados Bursátiles Fiduciarios Inmobiliarios, or CBFIs) issued by Park Life Properties. The transaction marks a significant milestone for Mexico’s capital markets, as the country’s first institutionally managed, residential rental-focused real estate investment trust.
Actinver acts as trustee and Capital Fund XLII as settlor. The certificates are listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores, or BMV) under the ticker symbol PLIFE 26. The offering raised aggregate proceeds of MXN $267.7 million, with an initial portfolio comprising four properties — three located in Mexico City and one in Queretaro — reflecting growing institutional confidence in Mexico’s residential rental market as an emerging asset class.
The Greenberg Traurig team advised at every stage of the transaction, including review and negotiation of the offering prospectus (prospecto de colocación) and all other offering documents; structuring of the underwriting agreements; and coordination with issuer’s counsel and relevant regulators, the Comision Nacional Bancaria y de Valores and the BMV.
The Greenberg Traurig team in Mexico City was led by Capital Markets Shareholder David Argueta, supported by Associate Joaquín García Pimentel Borja.