Mexico City's Reforma Diana Tower Sold

Corporativo Reforma Diana spans 19,274 square meters.

12 August 2019

German company Deka Inmobilien has reportedly purchased the Reforma Diana Corporate Tower, located in Mexico City on Paseo de la Reforma Avenue 412.

The firm recently announced its acquisition of the property through a released statement, not mentioning the amount of the transaction. However, the deal has been classified as one of the largest transactions made by a foreign investor in Mexico City.

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Corporativo Reforma Diana

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The Class A building is nestled into one of the most important financial corridors the Mexican capital. It contains 19,274 square meters of leaseable space and 27 floors.

“The deal has been classified as one of the largest transactions made by a foreign investor in Mexico City.”

The building was designed by Arditti + RDT Architects and holds a LEED Gold Core & Shell certification for its sustainable design and construction, featuring a wastewater treatment system, rainwater reuse system, and waste recycling system.

It also has five underground levels and an additional seven-story parking garage with the capacity for 256 vehicles.

The property, developed by Promotora Partenón, houses PGIM Garrigues, Berlitz, and the Colombian Embassy in Mexico.

According to data, space in the Reforma corridor goes for approximately MXN30 (US$1.53) per square meter.

For more on this story, go to Obras.