Latin America’s largest private collection of art, the Jumex Collection, will have a new home in Mexico City by July.

A 4,000sq m five storey building in the upmarket suburb of Polanco, will host at least six exhibitions a year, along with the 2,600-strong Jumex Collection, which has been collected by Eugenio Lopez, the heir to the Jumex fruit juice and food conglomerate.

The new art gallery will be next door to Museo Soumaya, a private museum built by telecommunications magnate, Carlos Slim.